SMRT Director Buys 175,000 Shares; Weighted Prices ~$1.26–$1.37

Rhea-AI Filing Summary

Thomas N. Bohjalian, a director of SmartRent, Inc. (SMRT), reported purchases of the issuer's Class A common stock on 08/11/2025 and 08/12/2025. He acquired 150,000 shares on 08/11/2025 at a weighted average price of $1.26 (trades ranged $1.25–$1.27) and 25,000 shares on 08/12/2025 at $1.37, bringing his direct beneficial ownership to 175,000 shares.

The Form 4 notes the 08/11/2025 transaction was executed in multiple trades and the reporting person will provide trade-level details upon request. No derivative transactions were reported.

Positive

• Director Thomas N. Bohjalian purchased a total of 175,000 Class A shares, indicating insider buying
• Transactions were non-derivative (direct purchases), simplifying ownership impact assessment

Negative

• None.

Insights

Financial Analyst

TL;DR: A company director made outright purchases totaling 175,000 Class A shares at low single-digit prices, modestly increasing direct ownership.

The Form 4 documents direct open-market purchases by Director Thomas N. Bohjalian: 150,000 shares at a weighted average of $1.26 and 25,000 at $1.37, resulting in 175,000 shares owned directly. These are non-derivative acquisitions executed over two days, with one day recorded as multiple trades. From a capital-markets perspective, insider purchases can signal confidence, but without company size or outstanding share context the magnitude of ownership change cannot be judged here.

Corporate Governance Expert

TL;DR: Director-level purchases are governance-relevant but the filing shows routine Form 4 disclosure with no derivative or plan-based transactions.

The filing is a straightforward disclosure of beneficial ownership changes by a director. It records cash purchases (transaction code P) of Class A common stock and specifies that the reporting person will supply trade-level price and quantity details on request. The absence of option exercises, gifts, or plan-based trades simplifies interpretation: these are direct purchases increasing the director's stake. Materiality for shareholders depends on the director's resulting ownership percentage, which is not provided here.

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^*

Bohjalian Thomas N

(Last) (First) (Middle)

6811 E MAYO BLVD

4TH FLOOR

(Street)

PHOENIX AZ 85054

(City) (State) (Zip)

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
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/11/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	08/11/2025		P		150,000	A	$1.26(1)	150,000	D
Class A Common Stock	08/12/2025		P		25,000	A	$1.37	175,000	D

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

Explanation of Responses:

1. This transaction was executed in multiple trades at prices ranging from $1.25 to $1.27. 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.

	/s/ Thomas N. Bohjalian	08/12/2025
	** 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.

FAQ

What insider transactions were reported for SmartRent (SMRT)?

Director Thomas N. Bohjalian reported direct purchases of 150,000 shares on 08/11/2025 and 25,000 shares on 08/12/2025.

At what prices did the SmartRent (SMRT) insider buy shares?

The 08/11/2025 trades had a weighted average price of $1.26 (individual trades ranged $1.25–$1.27); the 08/12/2025 trades were at $1.37.

How many SmartRent (SMRT) shares does the reporting person own after these transactions?

Following the reported purchases, the reporting person beneficially owned 175,000 shares directly.

Were any derivative securities or option exercises reported for SMRT in this filing?

No. The Form 4 contains no entries in Table II; only non-derivative Class A common stock purchases are reported.

Does the filing indicate the trades were part of a 10b5-1 plan or similar?

No 10b5-1 plan or similar instruction is indicated in the reported transactions; the Form 4 shows transaction code P for purchases.