SmartRent CEO Frank Martell acquires 150,000 shares
The CEO had 450,000 restricted stock units remaining after the reported exercise.
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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 Trade Summary
| 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 |
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. On May 12, 2026, the reporting person was granted 600,000 RSUs, vesting in four substantially equal quarterly installments, commencing on September 30, 2026.
Key Figures
Key Terms
Restricted Stock Units financial
contingent right financial
quarterly installments financial
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