SmartRent (SMRT) CEO Frank Martell reports 50,000-share insider buy

Rhea-AI Filing Summary

SmartRent, Inc. Chief Executive Officer and director Frank Martell reported open-market purchases of the company’s Class A common stock through the Frank D. and Donna M. Martell Family Trust. On December 11, 2025, the trust bought 25,000 shares at a weighted average price of $2.0676. On December 12, 2025, it bought another 25,000 shares at a weighted average price of $2.0707. After these purchases, the trust beneficially owned 2,063,796 shares of SmartRent Class A common stock, held indirectly for the reporting person and his spouse as co-trustees.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Martell Frank

(Last) (First) (Middle)

6811 E MAYO BLVD

SUITE 400

(Street)

PHOENIX AZ 85054

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
SmartRent, Inc. [ SMRT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
12/11/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	12/11/2025		P		25,000	A	$2.0676(1)	2,038,796(2)	I	Frank D. and Donna M. Martell Family Trust
Class A Common Stock	12/12/2025		P		25,000	A	$2.0707(3)	2,063,796	I	Frank D. and Donna M. Martell Family Trust

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. This transaction was executed in multiple trades at prices ranging from $2.03 to $2.14. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

2. The number of shares held reflects the transfer of 506,506 shares of Common Stock from the Reporting Person to the Frank D. and Donna M. Martell Family Trust, under agreement dated December 10, 2025, of which the Reporting Person and his spouse are co-trustees (the "Frank D. and Donna M. Martell Family Trust").

3. This transaction was executed in multiple trades at prices ranging from $2.06 to $2.07. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

	/s/ Frank Martell	12/12/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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FAQ

What insider transaction did SmartRent (SMRT) report for Frank Martell?

SmartRent reported that Chief Executive Officer and director Frank Martell, through the Frank D. and Donna M. Martell Family Trust, purchased a total of 50,000 shares of Class A common stock in two open-market transactions in December 2025.

How many SmartRent shares did Frank Martell’s family trust buy and on what dates?

The family trust bought 25,000 shares of SmartRent Class A common stock on December 11, 2025 and another 25,000 shares on December 12, 2025, for a total of 50,000 shares.

What prices did Frank Martell pay for the SmartRent shares in this Form 4?

The December 11, 2025 purchase had a weighted average price of $2.0676 per share, and the December 12, 2025 purchase had a weighted average price of $2.0707 per share, as disclosed in the Form 4 footnotes.

How many SmartRent shares does Frank Martell beneficially own after these transactions?

Following the reported transactions, the Form 4 states that 2,063,796 shares of SmartRent Class A common stock are beneficially owned indirectly through the Frank D. and Donna M. Martell Family Trust.

In what capacity is Frank Martell related to SmartRent, Inc.?

Frank Martell is reported as both a director and an officer of SmartRent, Inc., serving in the role of Chief Executive Officer.

How are the SmartRent shares held for Frank Martell according to the filing?

The Form 4 lists the ownership form as indirect, with the shares held by the Frank D. and Donna M. Martell Family Trust, of which the reporting person and his spouse are co-trustees under an agreement dated December 10, 2025.