SmartRent (SMRT) CEO reports 60,000-share Class A stock purchases
Rhea-AI Filing Summary
SmartRent, Inc. Chief Executive Officer and director Frank Martell reported two open-market purchases of Class A common stock through the Frank D. and Donna M. Martell Family Trust. The trust acquired 30,000 shares on 12/09/2025 at a weighted average price of $2.028 per share and another 30,000 shares on 12/10/2025 at a weighted average price of $1.99 per share. These trades were executed in multiple lots, with prices ranging from $1.99 to $2.08 for the first day and from $1.95 to $2.04 for the second day. Following these transactions, the trust beneficially owns 1,507,290 shares of SmartRent Class A common stock, all reported as indirect ownership.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock | 30,000 | $1.99 | $60K |
| Purchase | Class A Common Stock | 30,000 | $2.028 | $61K |
Footnotes (1)
- This transaction was executed in multiple trades at prices ranging from $1.99 to $2.08. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. This transaction was executed in multiple trades at prices ranging from $1.95 to $2.04. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
FAQ
What insider transaction did SmartRent (SMRT) report in this Form 4?
SmartRent reported that Chief Executive Officer and director Frank Martell, through the Frank D. and Donna M. Martell Family Trust, acquired a total of 60,000 shares of Class A common stock over two days.
What is Frank Martell’s role at SmartRent (SMRT) according to this filing?
Frank Martell is reported as both a director and an officer of SmartRent, Inc., serving as the company’s Chief Executive Officer.