SMRT Form 4: CFO RSU settlement, 350 shares withheld for taxes
Rhea-AI Filing Summary
SmartRent (SMRT) insider update: The CFO reported routine equity activity on 10/17/2025. An RSU settlement delivered 834 shares of Class A Common Stock (code M), followed by the withholding of 350 shares to cover taxes at $1.46 per share (code F). After these transactions, the officer directly owned 83,102 shares.
The derivative table shows 2,500 Restricted Stock Units remaining beneficially owned. The RSUs vest as disclosed: one-fourth vested on January 18, 2023, with the remainder vesting in 1/48 equal monthly installments until fully vested. These entries reflect standard equity compensation mechanics rather than open‑market buying or selling.
Positive
- None.
Negative
- None.
Insights
Routine RSU settlement with tax withholding; holdings updated.
The CFO reported conversion of Restricted Stock Units into 834 common shares (code M), a non-cash settlement typical for equity awards. To satisfy taxes, 350 shares were withheld at $1.46 (code F), which is a common administrative step rather than an open‑market sale.
Post‑transaction direct ownership is 83,102 shares, and 2,500 RSUs remain beneficially owned. The vesting schedule—25% on January 18, 2023 then monthly 1/48—indicates ongoing, predictable accrual. Market impact is typically minimal as activity is mechanical and not a discretionary trade.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 834 | $0.00 | -- |
| Exercise | Class A Common Stock | 834 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 350 | $1.46 | $511.00 |
Footnotes (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. The Restricted Stock Units vest as follows: one-fourth vested on January 18, 2023 with the remaining vesting in 1/48 equal monthly installments until vested in full.