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SMRT Form 4: CEO Frank Martell adds Class A shares via trust

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

Rhea-AI Filing Summary

SmartRent, Inc. (SMRT) reported insider share purchases by Chief Executive Officer and director Frank Martell, filed on a Form 4. Through the Frank D. and Donna M. Martell Family Trust, he acquired 49,565 shares of Class A Common Stock on 11/24/2025 at a weighted average price of $1.6037, and an additional 50,435 shares on 11/25/2025 at a weighted average price of $1.725. Following these transactions, the trust beneficially owned 1,097,769 and then 1,148,204 Class A shares, all reported as indirectly held. The prices in each transaction reflect weighted averages of multiple trades within disclosed price ranges.

Positive

  • None.

Negative

  • None.
Insider Martell Frank
Role Chief Executive Officer
Bought 100,000 shs ($166K)
Type Security Shares Price Value
Purchase Class A Common Stock 50,435 $1.725 $87K
Purchase Class A Common Stock 49,565 $1.6037 $79K
Holdings After Transaction: Class A Common Stock — 1,148,204 shares (Indirect, Frank D. and Donna M. Martell Family Trust)
Footnotes (1)
  1. This transaction was executed in multiple trades at prices ranging from $1.59 to $1.61. 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 $1.69 to $1.75. 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.
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Form 4 Insider Transactions: What Each Field Means →
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
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 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)
11/24/2025
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 11/24/2025 P 49,565 A $1.6037(1) 1,097,769 I Frank D. and Donna M. Martell Family Trust
Class A Common Stock 11/25/2025 P 50,435 A $1.725(2) 1,148,204 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 $1.59 to $1.61. 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 $1.69 to $1.75. 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 11/25/2025
** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did SmartRent (SMRT) report on this Form 4?

The filing reports that CEO and director Frank Martell, through the Frank D. and Donna M. Martell Family Trust, acquired two blocks of SmartRent Class A Common Stock on 11/24/2025 and 11/25/2025.

How many SmartRent (SMRT) shares did Frank Martell acquire?

The filing shows purchases of 49,565 Class A shares on 11/24/2025 and 50,435 Class A shares on 11/25/2025, all held indirectly through the family trust.

What prices were paid for the SmartRent (SMRT) shares in these transactions?

For the 11/24/2025 transaction, the weighted average price was $1.6037, based on trades between $1.59 and $1.61. For 11/25/2025, the weighted average price was $1.725, based on trades between $1.69 and $1.75.

How many SmartRent (SMRT) shares does Frank Martell beneficially own after these trades?

After the 11/24/2025 transaction, the family trust beneficially owned 1,097,769 Class A shares. After the 11/25/2025 transaction, beneficial ownership increased to 1,148,204 Class A shares, all reported as indirect ownership.

How is ownership structured for the reported SmartRent (SMRT) shares?

The Form 4 lists ownership of all reported Class A shares as Indirect (I) through the Frank D. and Donna M. Martell Family Trust, rather than directly in Frank Martell’s name.