SmartRent CTO Acquires and Sells Shares in Planned Transaction
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).
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.
Insider Trade Summary
243 shares exercised/converted
Exercise
3 txns
Insider
DeRose-Wilson Isaiah
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 243 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 243 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 102 | $0.9116 | $92.98 |
Holdings After Transaction:
Restricted Stock Units — 487 contracts (Direct);
Class A Common Stock — 109,950 shares (Direct)
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 August 24, 2022 with the remaining vesting in 36 equal monthly installments until vested in full.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.