SmartRent (SMRT) CEO Frank Martell reports 124,086-share insider purchase
Rhea-AI Filing Summary
SmartRent, Inc. reported that Chief Executive Officer and Director Frank Martell, through the Frank D. and Donna M. Martell Family Trust, acquired 124,086 shares of Class A common stock on 12/05/2025. The shares were purchased at a weighted average price of $1.9132 per share, with individual trade prices ranging from $1.87 to $1.95. Following this transaction, the trust beneficially owns 1,447,290 shares of SmartRent Class A common stock, reported as indirectly owned. The filing notes that detailed trade information will be provided upon request to the SEC staff, the issuer, or any security holder.
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FAQ
What insider transaction did SmartRent (SMRT) disclose in this Form 4?
SmartRent disclosed that Chief Executive Officer and Director Frank Martell, through the Frank D. and Donna M. Martell Family Trust, acquired 124,086 shares of Class A common stock on 12/05/2025.
At what price were the SmartRent (SMRT) shares transacted in the reported trade?
The transaction was executed in multiple trades at prices ranging from $1.87 to $1.95 per share, with a reported weighted average price of $1.9132 per share.
How many SmartRent (SMRT) shares does Frank Martell beneficially own after this transaction?
After the reported transaction, the Frank D. and Donna M. Martell Family Trust beneficially owns 1,447,290 shares of SmartRent Class A common stock, reported as indirect ownership.
In what capacity is the reporting person related to SmartRent (SMRT)?
The reporting person, Frank Martell, is both a Director and an Officer of SmartRent, serving as the company’s Chief Executive Officer.
What was the transaction code used in this SmartRent (SMRT) Form 4 filing?
The transaction in Class A common stock on 12/05/2025 is reported with transaction code P in Table I, indicating a purchase of shares.
How is the ownership of the reported SmartRent (SMRT) shares classified?
The 1,447,290 shares reported following the transaction are shown as Indirect (I) ownership, held through the Frank D. and Donna M. Martell Family Trust.