SmartRent, Inc. Insider Trading Activity

SmartRent, Inc. CEO Frank Martell reported a compensation-related share acquisition.

Rhea-AI Filing Summary

SmartRent, Inc. CEO Frank Martell reported a compensation-related share acquisition. On March 31, 2026, he exercised 450,000 Restricted Stock Units, receiving an equal number of Class A Common shares at an exercise price of $0.00 per share.

Following the transactions, Martell held 451,470 Class A shares directly, including 1,470 shares acquired under SmartRent’s 2021 Employee Stock Purchase Plan. He also held 2,563,796 shares indirectly through the Frank D. and Donna M. Martell Family Trust after the transfer of 450,000 shares to that trust.

The RSUs exercised were part of a 1,800,000-unit Restricted Stock Unit grant awarded on June 16, 2025, which vests in four substantially equal quarterly installments so that all units are vested by June 30, 2026. These actions reflect equity compensation vesting and internal ownership structuring rather than open-market trading.

Insider Trade Summary

450,000 shares exercised/converted

Exercise 3 txns

Insider Martell Frank

Role Chief Executive Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	450,000	$0.00	$0.00
Exercise	Class A Common Stock	450,000	$0.00	$0.00
holding	Class A Common Stock	--	--	--

Holdings After Transaction: Restricted Stock Units — 450,000 contracts (Direct); Class A Common Stock — 451,470 shares (Direct); Class A Common Stock — 2,563,796 shares (Indirect, Frank D. and Donna M. Martell Family Trust)

Footnotes (4)

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. Includes 1,470 shares acquired under the Issuer's 2021 Employee Stock Purchase Plan.
3. F3. The number of shares held reflects the transfer of 450,000 shares of Common Stock from the Reporting Person to the Frank D. and Donna M. Martell Family Trust, under agreement dated December 10, 2025, of which the Reporting Person and his spouse are co-trustees.
4. F4. On June 16, 2025, the reporting person was granted 1,800,000 Restricted Stock Units, vesting in four substantially equal quarterly installments, such that 100% of the RSUs subject to the CEO Grant will be vested as of June 30, 2026.

Key Figures

RSUs exercised: 450,000 units Exercise price: $0.00 per share Direct holdings after transaction: 451,470 shares +5 more

8 metrics

RSUs exercised 450,000 units Restricted Stock Units converted to Class A Common Stock on March 31, 2026

Exercise price $0.00 per share Price for 450,000 RSUs converted into Class A Common Stock

Direct holdings after transaction 451,470 shares Class A Common Stock held directly by Frank Martell after March 31, 2026

Indirect holdings via family trust 2,563,796 shares Class A Common Stock held through Frank D. and Donna M. Martell Family Trust

Shares transferred to trust 450,000 shares Transfer from Martell to the family trust under December 10, 2025 agreement

Total RSU grant size 1,800,000 units Restricted Stock Units granted June 16, 2025 under CEO grant

RSU vesting completion date June 30, 2026 Date by which 100% of the CEO RSU grant is vested

ESPP shares included 1,470 shares Shares acquired under SmartRent’s 2021 Employee Stock Purchase Plan

Key Terms

Restricted Stock Units, Employee Stock Purchase Plan, Family Trust, indirect, +1 more

5 terms

Restricted Stock Units financial

"Each Restricted Stock Unit represents a contingent right to receive one share of the issuer's Class A Common Stock"

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.

Employee Stock Purchase Plan financial

"Includes 1,470 shares acquired under the Issuer's 2021 Employee Stock Purchase Plan"

An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.

Family Trust financial

"transfer of 450,000 shares of Common Stock from the Reporting Person to the Frank D. and Donna M. Martell Family Trust"

indirect financial

"total_shares_following_transaction 2563796.0000, ownership_type indirect, nature_of_ownership Frank D. and Donna M. Martell Family Trust"

vesting financial

"vesting in four substantially equal quarterly installments, such that 100% of the RSUs subject to the CEO Grant will be vested as of June 30, 2026"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

FAQ

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

What insider transaction did SmartRent (SMRT) CEO Frank Martell report?

Frank Martell exercised 450,000 Restricted Stock Units into Class A shares. The March 31, 2026 transaction converted equity awards at $0.00 per share, reflecting vesting of previously granted compensation rather than an open-market stock purchase or sale.

How many SmartRent (SMRT) shares does Frank Martell hold directly and indirectly?

Frank Martell holds 451,470 SmartRent shares directly and 2,563,796 shares indirectly. The indirect holdings are through the Frank D. and Donna M. Martell Family Trust, which received 450,000 transferred shares as part of the reported ownership structuring.

What are the terms of Frank Martell’s 1,800,000 SmartRent RSU grant?

Martell received 1,800,000 Restricted Stock Units on June 16, 2025. These RSUs vest in four substantially equal quarterly installments, so that 100% of the CEO grant is vested as of June 30, 2026, aligning compensation with multi-quarter service.

Was Frank Martell’s SmartRent (SMRT) Form 4 a stock sale in the open market?

No, the Form 4 mainly reports an RSU exercise and share transfer to a trust. Martell converted 450,000 RSUs at $0.00 per share and shifted 450,000 shares to a family trust, with no open-market sales disclosed in this data.

What is the role of the Frank D. and Donna M. Martell Family Trust in SmartRent holdings?

The family trust holds 2,563,796 SmartRent Class A shares indirectly for Martell. Footnotes state 450,000 shares were transferred from Martell to the trust under a December 10, 2025 agreement, with Martell and his spouse serving as co-trustees.

How were Employee Stock Purchase Plan shares reflected for SmartRent (SMRT) CEO?

Martell’s direct holdings include 1,470 shares from the 2021 Employee Stock Purchase Plan. A footnote clarifies that these 1,470 Class A shares were acquired under the company’s ESPP and are part of his 451,470 directly held shares.

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

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Accepted by SEC EDGAR 04/01/2026 - 05:26 PM EDT Learn about SEC filing dates

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^*

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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	03/31/2026		M		450,000	A	(1)	451,470(2)	D
Class A Common Stock								2,563,796(3)	I	Frank D. and Donna M. Martell Family Trust

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)	03/31/2026		M			450,000	(4)	(4)	Class A Common Stock	450,000	$0	450,000	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. Includes 1,470 shares acquired under the Issuer's 2021 Employee Stock Purchase Plan.

3. The number of shares held reflects the transfer of 450,000 shares of Common Stock from the Reporting Person to the Frank D. and Donna M. Martell Family Trust, under agreement dated December 10, 2025, of which the Reporting Person and his spouse are co-trustees.

4. On June 16, 2025, the reporting person was granted 1,800,000 Restricted Stock Units, vesting in four substantially equal quarterly installments, such that 100% of the RSUs subject to the CEO Grant will be vested as of June 30, 2026.

	/s/ Frank Martell	04/01/2026
	** 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.
* Form 4: SEC 1474 (03-26)