SmartRent CFO exercises RSUs and withholds shares for tax
SmartRent, Inc. CFO Daryl Stemm exercised 833 Restricted Stock Units on August 18, 2025, receiving 833 shares of Class A Common Stock at no cost.
Rhea-AI Filing Summary
SmartRent, Inc. CFO Daryl Stemm exercised 833 Restricted Stock Units on August 18, 2025, receiving 833 shares of Class A Common Stock at no cost. Of these, 349 shares were withheld at $1.32 per share to satisfy tax obligations. After these transactions, he directly holds 82,134 shares of Class A Common Stock, with 4,167 Restricted Stock Units reported as remaining.
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Negative
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Insights
TL;DR: Small insider vesting and a modest sale; immaterial to company valuation but useful for transparency.
The filing documents the vesting of 833 Restricted Stock Units and a contemporaneous sale of 349 Class A shares at $1.32. The net reported beneficial holdings remain around the low 82,000-share level. These transactions appear routine: scheduled RSU vesting and a partial disposition. There is no disclosure in the filing of any material, company-level event, financing, or change in control tied to these trades. For valuation models, the magnitude of the sale is small relative to typical market capitalizations of public companies, and no new forward-looking information is provided in this Form 4.
TL;DR: Filing complies with Section 16 disclosure; transactions seem consistent with standard compensation vesting and an open-market sale.
The Form 4 properly identifies the reporting person, relationship (CFO), transaction dates, and the vesting schedule for Restricted Stock Units. The inclusion of both acquisition (RSU conversion) and a disposition at a specified price shows appropriate insider disclosure. The filing does not state any trading plan designation explicitly within the text provided, nor does it link transactions to a 10b5-1 plan; therefore, readers should not assume a prearranged trading plan unless separately disclosed. Overall, this is a routine governance disclosure with no flags for noncompliance based on the information shown.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 833 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 833 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 349 | $1.32 | $460.68 |
Footnotes (2)
- 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 Restricted Stock Units vest as follows: one-fourth vested on January 18, 2023 with the remaining vesting in 1/48 equal monthly installments until vested in full.
Key Figures
Key Terms
Restricted Stock Units financial
tax-withholding disposition financial
Class A Common Stock financial
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