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SmartRent CEO Frank Martell acquires 150,000 shares

The CEO had 450,000 restricted stock units remaining after the reported exercise.

(Neutral)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
4

Rhea-AI Filing Summary

SmartRent, Inc. (SMRT) Chief Executive Officer Frank Martell exercised 150,000 restricted stock units on September 30, 2026, acquiring 150,000 shares of Class A common stock. The reported transactions also include 74,370 shares delivered or withheld for payment of exercise price or tax liability, at $1.18 per share. The units were part of a 600,000-RSU grant made May 12, 2026, vesting in four substantially equal quarterly installments beginning September 30; 450,000 RSUs remained after the transaction.

Insider Martell Frank
Role Chief Executive Officer
Type Security Shares Price Value
Exercise Restricted Stock Units F1, F2 150,000 $0.00 $0.00
Exercise Class A Common Stock F1 150,000 -- --
Exercise Price or Tax Liability Class A Common Stock 74,370 $1.18 $88K
Holdings After Transaction: Restricted Stock Units — 450,000 contracts (Direct); Class A Common Stock — 75,630 shares (Direct)
Footnotes (2)
  1. 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.
  2. F2. On May 12, 2026, the reporting person was granted 600,000 RSUs, vesting in four substantially equal quarterly installments, commencing on September 30, 2026.
RSUs granted 600,000 RSUs Granted May 12, 2026; vesting in four substantially equal quarterly installments beginning September 30, 2026
RSUs exercised 150,000 RSUs September 30, 2026
Class A common shares acquired 150,000 shares September 30, 2026
Shares delivered or withheld 74,370 shares For payment of exercise price or tax liability on September 30, 2026
Reported price per share $1.18 per share Associated with the shares delivered or withheld on September 30, 2026
RSUs following transaction 450,000 RSUs Following the September 30, 2026 transaction
Restricted Stock Units financial
"Each Restricted Stock Unit represents a contingent right"
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.
contingent right financial
"a contingent right to receive one share"
quarterly installments financial
"vesting in four substantially equal quarterly installments"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many shares did the SMRT CEO acquire in the RSU exercise?

Frank Martell exercised 150,000 RSUs and acquired 150,000 shares of Class A common stock on September 30, 2026. No Rule 10b5-1 plan is reported for the transaction.

How many shares were delivered or withheld in Frank Martell’s SMRT transaction?

74,370 shares were delivered or withheld for payment of exercise price or tax liability, at a reported price of $1.18 per share on September 30, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Martell Frank

(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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/30/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Class A Common Stock09/30/2026M150,000A(1)150,000D
Class A Common Stock09/30/2026F74,370D$1.1875,630D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)09/30/2026M150,000 (2) (2)Class A Common Stock600,000$0.00450,000D
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 May 12, 2026, the reporting person was granted 600,000 RSUs, vesting in four substantially equal quarterly installments, commencing on September 30, 2026.
/s/ Frank Martell09/30/2026
** Signature of Reporting PersonDate
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)

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