STOCK TITAN

SmartRent (SMRT) CEO adds 60,260 shares via family trust purchases

Filing Impact
(Neutral)
Filing Sentiment
(Positive)
Form Type
4

Rhea-AI Filing Summary

SmartRent, Inc. director and Chief Executive Officer Frank Martell, through the Frank D. and Donna M. Martell Family Trust, bought a total of 60,260 shares of Class A common stock in open-market purchases. The shares were acquired at weighted average prices of about $1.19 and $1.13 per share. Following these transactions, the trust holds 3,225,526 SmartRent shares indirectly associated with Martell.

Positive

  • None.

Negative

  • None.
Insider Martell Frank
Role Chief Executive Officer
Bought 60,260 shs ($69K)
Type Security Shares Price Value
Purchase Class A Common Stock 40,260 $1.1265 $45K
Purchase Class A Common Stock 20,000 $1.1864 $24K
Holdings After Transaction: Class A Common Stock — 3,225,526 shares (Indirect, Frank D. and Donna M. Martell Family Trust)
Footnotes (1)
  1. This transaction was executed in multiple trades at prices ranging from $1.18 to $1.19. 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. This transaction was executed in multiple trades at prices ranging from $1.10 to $1.18. 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.
Total shares bought 60,260 shares Open-market purchases reported on Form 4
First trade size 20,000 shares Class A Common Stock on 2026-06-04
First trade price $1.1864 per share Weighted average price for 20,000-share purchase
Second trade size 40,260 shares Class A Common Stock on 2026-06-05
Second trade price $1.1265 per share Weighted average price for 40,260-share purchase
Post-transaction holdings 3,225,526 shares Indirectly held by Martell Family Trust after purchases
open-market purchase financial
"transaction_action: "open-market purchase" for each SmartRent trade"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
indirect ownership financial
"ownership_type: "indirect" with nature_of_ownership as Martell Family Trust"
weighted average price financial
"The price reported above reflects the weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Class A Common Stock financial
"security_title: "Class A Common Stock" for both transactions"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Family Trust financial
"nature_of_ownership: "Frank D. and Donna M. Martell Family Trust""
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SEC Form 4
FORM 4UNITED 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
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
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 ARIZONA 85054

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
SmartRent, Inc. [ SMRT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/04/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Class A Common Stock06/04/2026P20,000A$1.1864(1)3,185,266IFrank D. and Donna M. Martell Family Trust
Class A Common Stock06/05/2026P40,260A$1.1265(2)3,225,526IFrank 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. This transaction was executed in multiple trades at prices ranging from $1.18 to $1.19. 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. This transaction was executed in multiple trades at prices ranging from $1.10 to $1.18. 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 Martell06/05/2026
** Signature of Reporting PersonDate
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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did SmartRent (SMRT) CEO Frank Martell report in this Form 4?

Frank Martell reported buying 60,260 SmartRent Class A common shares through the Frank D. and Donna M. Martell Family Trust. The purchases were open-market transactions at prices near $1.19 and $1.13 per share, increasing the trust’s indirect holdings to 3,225,526 shares.

How many SmartRent (SMRT) shares did the Martell Family Trust purchase?

The Martell Family Trust purchased a total of 60,260 SmartRent Class A common shares. One trade covered 20,000 shares and the other 40,260 shares, both reported as open-market purchases, according to the Form 4 insider transaction data.

At what prices were the SmartRent (SMRT) shares bought in this filing?

The reported weighted average prices were $1.1864 per share for 20,000 SmartRent shares and $1.1265 per share for 40,260 shares. The filing notes each transaction was executed in multiple trades within narrow price ranges around these averages.

How many SmartRent (SMRT) shares does the Martell Family Trust hold after the transactions?

After these purchases, the Frank D. and Donna M. Martell Family Trust holds 3,225,526 SmartRent Class A common shares. This total reflects the indirect ownership position associated with CEO Frank Martell as reported in the Form 4 filing’s post-transaction holdings data.

Are the SmartRent (SMRT) insider transactions direct or indirect holdings?

The reported SmartRent transactions involve indirect holdings. All 60,260 purchased shares are held by the Frank D. and Donna M. Martell Family Trust, which is listed as the nature of ownership, rather than being directly owned by Frank Martell personally.