SmartRent Tech Chief Adjusts Stock Position Through RSU Vesting
Filing Impact
Filing Sentiment
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.
Insider Trade Summary
243 shares exercised/converted
Mixed
3 txns
Insider
DeRose-Wilson Isaiah
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 243 | $0.00 | -- |
| Exercise | Class A Common Stock | 243 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 102 | $0.9116 | $92.98 |
Holdings After Transaction:
Restricted Stock Units — 487 shares (Direct);
Class A Common Stock — 110,052 shares (Direct)
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. 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
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.