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SmartRent Tech Chief Adjusts Stock Position Through RSU Vesting

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

SmartRent CTO Isaiah DeRose-Wilson reported multiple transactions on June 24, 2025, involving the company's Class A Common Stock and Restricted Stock Units (RSUs).

Key transaction details:

  • Acquired 243 shares of Class A Common Stock through RSU conversion
  • Disposed of 102 shares at $0.9116 per share
  • Net position after transactions: 109,950 shares held directly
  • Retains 487 RSUs that vest monthly following the initial vesting schedule (one-fourth vested on August 24, 2022, remainder over 36 monthly installments)

These transactions appear to be part of a regular vesting schedule of executive compensation, with shares disposed likely for tax withholding purposes. The relatively low transaction price of $0.9116 and small volume suggests minimal market impact.

Positive

  • None.

Negative

  • None.
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*
DeRose-Wilson Isaiah

(Last) (First) (Middle)
8665 E. HARTFORD DRIVE
SUITE 200

(Street)
SCOTTSDALE AZ 85255

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Technology Officer
3. Date of Earliest Transaction (Month/Day/Year)
06/24/2025
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 06/24/2025 M 243 A (1) 110,052 D
Class A Common Stock 06/24/2025 F 102 D $0.9116 109,950 D
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
Restricted Stock Units (1) 06/24/2025 M 243 (2) (2) Class A Common Stock 243 $0.00 487 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. The Restricted Stock Units vest as follows: one-fourth vested on August 24, 2022 with the remaining vesting in 36 equal monthly installments until vested in full.
/s/ Isaiah DeRose-Wilson 06/24/2025
** 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 trading activity occurred at SMRT on June 24, 2025?

SMRT's Chief Technology Officer Isaiah DeRose-Wilson exercised 243 Restricted Stock Units (RSUs) and disposed of 102 shares of Class A Common Stock at $0.9116 per share. After these transactions, he owned 109,950 shares directly.

How many SMRT shares does CTO Isaiah DeRose-Wilson own after the June 2025 transactions?

Following the reported transactions on June 24, 2025, Isaiah DeRose-Wilson directly owns 109,950 shares of SMRT Class A Common Stock.

What is the vesting schedule for SMRT's RSUs granted to Isaiah DeRose-Wilson?

The Restricted Stock Units vest on the following schedule: one-fourth vested on August 24, 2022, with the remaining RSUs vesting in 36 equal monthly installments until fully vested.

How many SMRT Restricted Stock Units (RSUs) does DeRose-Wilson still hold?

After the reported transaction on June 24, 2025, Isaiah DeRose-Wilson still holds 487 Restricted Stock Units of SMRT, with each RSU representing a right to receive one share of Class A Common Stock.
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