SmartRent COO Pankaj Bansi acquires vested shares
The two RSU awards were granted October 6, 2025, and have different vesting schedules.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
SmartRent, Inc. Chief Operating Officer Pankaj Bansi reported vesting of Restricted Stock Units and acquisitions of 18,248 and 72,992 Class A Common Stock shares on October 6, 2026. On that date, 4,900 and 19,599 shares were delivered or withheld for payment of exercise price or tax liability, each at $1.20 per share.
Insider Trade Summary
91,240 shares exercised/converted
Exercise
6 txns
Insider
Bansi Pankaj
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F2 | 72,992 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F1, F3 | 18,248 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F1 | 18,248 | -- | -- |
| Exercise Price or Tax Liability | Class A Common Stock | 4,900 | $1.20 | $6K |
| Exercise | Class A Common Stock F1 | 72,992 | -- | -- |
| Exercise Price or Tax Liability | Class A Common Stock | 19,599 | $1.20 | $24K |
Holdings After Transaction:
Restricted Stock Units — 54,744 contracts (Direct);
Class A Common Stock — 66,741 shares (Direct)
Footnotes (3)
- F1. 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.
- F2. The Reporting person was granted 145,985 RSUs on October 6, 2025. One-half of the RSUs vest on each of October 6, 2026 and October 6, 2027.
- F3. The Reporting person was granted 72,992 Restricted Stock Units ("RSUs") on October 6, 2025. One-quarter of the RSUs vest on October 6, 2026 and each one-year anniversary thereafter.
Key Figures
Class A Common Stock acquired: 18,248 shares
Class A Common Stock acquired: 72,992 shares
Shares delivered or withheld: 4,900 shares
+2 more
5 metrics
Class A Common Stock acquired
18,248 shares
Reported on October 6, 2026
Class A Common Stock acquired
72,992 shares
Reported on October 6, 2026
Shares delivered or withheld
4,900 shares
For payment of exercise price or tax liability on October 6, 2026
Shares delivered or withheld
19,599 shares
For payment of exercise price or tax liability on October 6, 2026
Reported price per share
$1.20 per share
For the shares delivered or withheld on October 6, 2026
Key Terms
Restricted Stock Units, contingent right, vest, par value
4 terms
Restricted Stock Units technical
"granted 72,992 Restricted Stock Units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right technical
"a contingent right to receive one share"
vest technical
"One-half of the RSUs vest on each"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
par value financial
"par value $0.001 per share"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What RSU vesting schedules were reported for SmartRent COO Pankaj Bansi?
The 145,985 RSUs granted October 6, 2025 vest one-half on each of October 6, 2026 and October 6, 2027. A separate grant of 72,992 RSUs on October 6, 2025 vests one-quarter on October 6, 2026 and each one-year anniversary thereafter. Each RSU represents a contingent right to receive one share of Class A Common Stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
