SmartRent (SMRT) General Counsel Granted 113,740 RSUs with Four-Year Vesting

Rhea-AI Filing Summary

Brian Michael McQuaid, General Counsel of SmartRent, Inc. (SMRT), reported a grant of 113,740 Restricted Stock Units on 08/18/2025. Each unit represents the right to receive one share of Class A Common Stock when vested. Following the reported transaction, Mr. McQuaid beneficially owns 113,740 shares on a direct basis.

The RSUs vest over four years: one-quarter vests on August 15, 2026, with the remaining three-quarters vesting in three equal annual installments thereafter. The filing is a Form 4 and was signed by Mr. McQuaid on 08/18/2025.

Positive

• 113,740 RSUs granted to the General Counsel, indicating management equity alignment
• Clear four-year vesting schedule (25% on Aug 15, 2026, remainder in three equal annual installments) supporting retention

Negative

• None.

Insights

Financial Analyst

TL;DR: A routine equity grant to align an officer with shareholder interests; no cash changes or dispositions reported.

The Form 4 discloses a non-cash grant of 113,740 RSUs to the company's General Counsel, vesting over four years beginning August 15, 2026. This is a compensation-related equity award, not a sale or purchase, and therefore has no immediate cash impact or change in market trading. For investors, the key metrics are the number of units and the multi-year vesting schedule, which indicate longer-term retention incentives for management.

Corporate Governance Expert

TL;DR: The grant and multi-year vesting reflect standard retention and alignment practice for executive officers.

The disclosure shows a standard restricted stock unit award with time-based vesting: 25% vesting one year after grant date (Aug 15, 2026) and remaining vesting in three equal annual installments. The filing is clear about direct ownership following the award and includes the reporting person’s signature date. This is a routine governance disclosure without indications of special acceleration terms or hedging arrangements in the provided text.

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

OMB APPROVAL

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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^*

McQuaid Brian Michael

(Last) (First) (Middle)

6811 E MAYO BLVD

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	General Counsel

3. Date of Earliest Transaction (Month/Day/Year)
08/18/2025

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

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
Restricted Stock Units	(1)							(2)	(2)	Class A Common Stock	113,740		113,740	D

Explanation of Responses:

1. Each Restricted Stock Unit represents a contingent right to receive one share of the issuer's Class A Common Stock, par value $0.001 per share.

2. The Restricted Stock Unit will vest as follows: one-fourth will vest on August 15, 2026 with the remaining vesting in 3 equal annual installments until vested in full.

	/s/ Brian Michael McQuaid	08/18/2025
	** 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.
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.

FAQ

What did SmartRent (SMRT) reporting person Brian McQuaid receive on 08/18/2025?

He received 113,740 Restricted Stock Units (RSUs), each representing the right to one share of Class A Common Stock.

When do the RSUs granted to Brian McQuaid vest?

One-fourth vests on August 15, 2026, with the remaining three-fourths vesting in three equal annual installments thereafter.

How many shares does Brian McQuaid beneficially own following the reported transaction?

The filing reports 113,740 shares beneficially owned following the transaction on a direct basis.

What form was filed for this disclosure and when was it signed?

A Form 4 was filed and signed by Brian Michael McQuaid on 08/18/2025.