SmartRent (SMRT) COO receives 68,027 RSUs in new equity award

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Bansi Pankaj reported acquisition or exercise transactions in this Form 4 filing.

SmartRent, Inc. reported that Chief Operating Officer Bansi Pankaj received a grant of 68,027 Restricted Stock Units (RSUs) on April 23, 2026. Each RSU represents a contingent right to receive one share of Class A Common Stock. One-quarter of the RSUs vest on April 22, 2027, with additional one-quarter portions vesting on each of the next three yearly anniversaries, as long as the executive continues as a service provider through each vesting date. Following this award, the filing shows holdings of 68,027 RSUs directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Bansi Pankaj

Role Chief Operating Officer

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	68,027	$0.00	--

Holdings After Transaction: Restricted Stock Units — 68,027 shares (Direct, null)

Footnotes (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. On April 23, 2026, the Reporting Person was granted 68,027 RSUs. One-quarter of the RSUs vest on April 22, 2027 and each one-year anniversary thereafter, subject to the Reporting Person continuing as a service provider through each such date.

Key Figures

RSUs granted: 68,027 RSUs RSU price per unit: $0.0000 per unit Underlying shares: 68,027 shares +1 more

4 metrics

RSUs granted 68,027 RSUs Grant to COO on April 23, 2026

RSU price per unit $0.0000 per unit Stated transaction price for RSU grant

Underlying shares 68,027 shares Each RSU represents one share of Class A Common Stock

Post-transaction RSU holdings 68,027 RSUs Total RSUs held directly after the grant

Key Terms

Restricted Stock Units, Class A Common Stock, vesting

3 terms

Restricted Stock Units financial

"The COO received a grant of 68,027 Restricted Stock Units (RSUs)."

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.

Class A Common Stock financial

"Each RSU represents a right to receive one share of Class A Common Stock."

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

vesting financial

"One-quarter of the RSUs vest on April 22, 2027 and annually thereafter."

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

Form 4 Insider Transactions: What Each Field Means →

04/24/2026 - 07:02 PM

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^*

Bansi Pankaj

(Last)

(First)

(Middle)

6811 E MAYO BLVD

SUITE 400

(Street)

PHOENIX

ARIZONA

85054

(City)

(State)

(Zip)

UNITED STATES

(Country)

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)
	Chief Operating Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/23/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾	04/23/2026		A		68,027		⁽²⁾	⁽²⁾	Class A Common Stock	68,027	$0	68,027	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. On April 23, 2026, the Reporting Person was granted 68,027 RSUs. One-quarter of the RSUs vest on April 22, 2027 and each one-year anniversary thereafter, subject to the Reporting Person continuing as a service provider through each such date.

	/s/ Pankaj Bansi	04/24/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did SmartRent (SMRT) report for Bansi Pankaj?

SmartRent reported that Chief Operating Officer Bansi Pankaj received a grant of 68,027 Restricted Stock Units. These RSUs are a form of equity compensation that can convert into an equal number of Class A Common Stock shares if the vesting conditions are met.

How many RSUs did SmartRent (SMRT) grant to its COO and at what price?

The COO was granted 68,027 Restricted Stock Units at a stated price of $0.0000 per unit. RSU grants typically represent compensation rather than a cash purchase, and each unit can settle into one share of Class A Common Stock upon vesting.

What is the vesting schedule for the 68,027 RSUs at SmartRent (SMRT)?

One-quarter of the 68,027 RSUs vests on April 22, 2027, and one-quarter vests on each following one-year anniversary. Vesting on each date is conditioned on Bansi Pankaj continuing as a service provider through that specific vesting date.

What does each Restricted Stock Unit represent for SmartRent (SMRT)?

Each Restricted Stock Unit represents a contingent right to receive one share of SmartRent’s Class A Common Stock. The rights only convert into actual shares if the vesting conditions, such as continued service through specific dates, are satisfied under the award terms.

How many RSUs does the SmartRent (SMRT) COO hold after this Form 4 transaction?

After this reported transaction, the filing shows that the COO directly holds 68,027 Restricted Stock Units. These units will convert into an equal number of Class A Common Stock shares as they vest according to the specified four-year vesting schedule.