SmartRent (SMRT) CEO receives 1,119,186 RSUs vesting in 2027

Rhea-AI Filing Summary

SmartRent, Inc. reported that its Chief Executive Officer and director, Frank Martell, received an award of 1,119,186 Restricted Stock Units on January 27, 2026. Each RSU represents a contingent right to receive one share of SmartRent’s Class A common stock. The RSUs were granted at a price of $0 and are held directly. 100% of the RSUs will vest on January 27, 2027, meaning Martell will receive the underlying shares on that date if the vesting conditions are satisfied.

Insights

Equity compensation analyst

SmartRent granted CEO Frank Martell 1,119,186 RSUs vesting in 2027.

SmartRent awarded its CEO and director Frank Martell 1,119,186 Restricted Stock Units on January 27, 2026. Each RSU represents a right to receive one share of Class A common stock at no exercise price, aligning compensation with future share value.

The grant vests in full on January 27, 2027, creating a one-year cliff vesting schedule. This structure can encourage management retention and focus on company performance through the vesting date, as value is realized only when the RSUs convert into common shares.

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)
01/27/2026

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)	01/27/2026		A		1,119,186		(2)	(2)	Class A Common Stock	1,119,186	$0	1,119,186	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. 100% of the RSUs will vest on January 27, 2027.

	/s/ Frank Martell	01/29/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What did SmartRent (SMRT) disclose about CEO Frank Martell’s new equity award?

SmartRent disclosed that CEO and director Frank Martell received 1,119,186 Restricted Stock Units on January 27, 2026. Each RSU is a right to receive one share of SmartRent’s Class A common stock, held directly by Martell, at a grant price of $0.

How many Restricted Stock Units did the SmartRent (SMRT) CEO receive?

SmartRent’s CEO Frank Martell received 1,119,186 Restricted Stock Units. These RSUs are derivative awards that convert into the company’s Class A common stock on vesting. After this grant, Martell beneficially owned 1,119,186 derivative securities related to SmartRent shares, held directly.

When do Frank Martell’s SmartRent (SMRT) RSUs vest?

All of Frank Martell’s SmartRent RSUs vest on January 27, 2027. The filing states that 100% of the 1,119,186 RSUs will vest on that date, creating a single cliff vesting event rather than gradual vesting over multiple periods.

What does each SmartRent (SMRT) Restricted Stock Unit represent in this filing?

Each Restricted Stock Unit granted to Frank Martell represents a right to receive one share of SmartRent’s Class A common stock. The filing notes a par value of $0.001 per share, and the RSUs have a grant price of $0 per unit.

Is the SmartRent (SMRT) CEO’s RSU award reported as directly owned?

Yes. The Form 4 shows the 1,119,186 Restricted Stock Units as directly owned by Frank Martell. There is no indication of indirect ownership through a trust, partnership, or other entity in the ownership field or related footnotes.

What type of security was reported in the SmartRent (SMRT) Form 4 for Frank Martell?

The security reported is Restricted Stock Units, categorized as derivative securities. These RSUs entitle Frank Martell to receive SmartRent’s Class A common stock in the future, with 1,119,186 units granted and the same number outstanding after the transaction.