SmartRent (SMRT) CEO Frank Martell discloses insider share buys via family trust

Rhea-AI Filing Summary

SmartRent, Inc. reported insider share purchases by its Chief Executive Officer and director, Frank Martell, through the Frank D. and Donna M. Martell Family Trust. On 12/01/2025, the trust bought 18,432 shares of Class A common stock at a weighted average price of $1.687 per share. On 12/02/2025, it bought an additional 28,846 shares at a weighted average price of $1.6931 per share.

Following these transactions, the trust beneficially owns 1,195,482 shares of SmartRent Class A common stock, reported as indirectly owned by Martell. The filing notes that each transaction was executed in multiple trades within price ranges of $1.68 to $1.70 and $1.67 to $1.72, and Martell undertakes to provide detailed trade information upon request.

Insider Trade Summary

Net Buyer: 47,278 shares ($79,934)

Net Buy 2 txns

Insider Martell Frank

Role Chief Executive Officer

Bought 47,278 shs ($80K)

Type	Security	Shares	Price	Value
Purchase	Class A Common Stock	28,846	$1.6931	$49K
Purchase	Class A Common Stock	18,432	$1.687	$31K

Holdings After Transaction: Class A Common Stock — 1,195,482 shares (Indirect, Frank D. and Donna M. Martell Family Trust)

Footnotes (1)

1. This transaction was executed in multiple trades at prices ranging from $1.68 to $1.70. 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 $1.67 to $1.72. 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.

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)
12/02/2025

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	12/01/2025		P		18,432	A	$1.687(1)	1,166,636	I	Frank D. and Donna M. Martell Family Trust
Class A Common Stock	12/02/2025		P		28,846	A	$1.6931(2)	1,195,482	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 $1.68 to $1.70. 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 $1.67 to $1.72. 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	12/02/2025
	** 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 insider transaction did SmartRent (SMRT) disclose in this Form 4?

The filing reports that Frank Martell, SmartRent's Chief Executive Officer and director, bought Class A common stock through the Frank D. and Donna M. Martell Family Trust on 12/01/2025 and 12/02/2025.

How many SmartRent (SMRT) shares did the CEO-linked trust purchase?

On 12/01/2025, the trust purchased 18,432 shares of SmartRent Class A common stock, and on 12/02/2025 it purchased an additional 28,846 shares.

At what prices were the SmartRent (SMRT) insider share purchases made?

The 12/01/2025 purchase has a weighted average price of $1.687 per share, and the 12/02/2025 purchase has a weighted average price of $1.6931 per share, each executed in multiple trades within stated price ranges.

How many SmartRent (SMRT) shares does the CEO beneficially own after these transactions?

After the reported transactions, the Frank D. and Donna M. Martell Family Trust beneficially owns 1,195,482 shares of SmartRent Class A common stock, reported as indirectly owned by Frank Martell.

Were the SmartRent (SMRT) insider trades executed in single blocks or multiple trades?

Each transaction was executed in multiple trades. The filing states price ranges of $1.68 to $1.70 for the first date and $1.67 to $1.72 for the second, with weighted average prices reported.

What commitment did the reporting person make about SmartRent (SMRT) trade details?

The reporting person undertook to provide, upon request, full information to the SEC staff, the issuer, or a security holder regarding the number of shares and prices at which each trade was effected.