SmartRent CIO buys 10,000 shares in open market
SmartRent, Inc. Chief Information Officer Sangeeth Ponathil reported an open-market purchase of the company’s Class A Common Stock.
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Form Type
4
Rhea-AI Filing Summary
SmartRent, Inc. Chief Information Officer Sangeeth Ponathil reported an open-market purchase of the company’s Class A Common Stock. On May 26, 2026, he bought 10,000 shares at $1.25 per share, bringing his directly held stake to 10,000 shares after the transaction.
Insider Trade Summary
Net Buyer: 10,000 shares
Net Buy
1 txn
Insider
Ponathil Sangeeth
Role
Chief Information Officer
Bought
10,000 shs ($13K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock | 10,000 | $1.25 | $13K |
Holdings After Transaction:
Class A Common Stock — 10,000 shares (Direct)
Key Figures
Shares purchased: 10,000 shares
Purchase price: $1.25 per share
Shares owned after: 10,000 shares
3 metrics
Shares purchased
10,000 shares
Open-market purchase of Class A Common Stock on May 26, 2026
Purchase price
$1.25 per share
Price paid for SmartRent Class A Common Stock
Shares owned after
10,000 shares
Direct holdings following the reported transaction
Key Terms
Class A Common Stock, open-market purchase, non-derivative, Form 4
4 terms
Class A Common Stock financial
"security_title: "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
open-market purchase financial
"transaction_action: "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
non-derivative financial
"transaction_type: "non-derivative""
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SmartRent (SMRT) report in this Form 4?
SmartRent reported that its Chief Information Officer, Sangeeth Ponathil, made an open-market purchase of 10,000 shares of Class A Common Stock at $1.25 per share on May 26, 2026.
What are Sangeeth Ponathil’s SmartRent (SMRT) holdings after this transaction?
After the reported transaction, Sangeeth Ponathil directly holds 10,000 shares of SmartRent Class A Common Stock. The Form 4 shows these 10,000 shares as his total direct ownership following the purchase.
Was the SmartRent (SMRT) CIO’s transaction a buy or sell?
The transaction was a buy. The Form 4 classifies it as an open-market purchase, with 10,000 shares of SmartRent Class A Common Stock acquired at $1.25 per share on May 26, 2026.
Did the SmartRent (SMRT) Form 4 include any derivative transactions?
No, the reported transaction involved only non-derivative securities. The filing shows a purchase of Class A Common Stock, and the derivative transactions summary is empty, indicating no options or other derivatives were reported.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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