SmartRent (NYSE: SMRT) CFO converts RSUs and disposes stock in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SmartRent, Inc. CFO Daryl Stemm reported equity transactions involving Class A Common Stock and Restricted Stock Units. On January 22, 2026, 64,935 Restricted Stock Units were converted into 64,935 shares of Class A Common Stock at an exercise price of $0.00, increasing his directly held common shares to 149,445.
On the same date, 30,617 shares of Class A Common Stock were disposed of in a transaction coded "F" at a price of $1.72 per share, leaving 118,828 Class A Common shares held directly after the transactions. Following these changes, 194,805 Restricted Stock Units remained beneficially owned, which represent contingent rights to receive an equal number of Class A Common shares as they vest.
Positive
- None.
Negative
- None.
Insider Trade Summary
64,935 shares exercised/converted
Mixed
3 txns
Insider
STEMM DARYL
Role
CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 64,935 | $0.00 | -- |
| Exercise | Class A Common Stock | 64,935 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 30,617 | $1.72 | $53K |
Holdings After Transaction:
Restricted Stock Units — 194,805 shares (Direct);
Class A Common Stock — 149,445 shares (Direct)
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 will vest on January 22, 2026 with the remaining vesting in equal annual installments until vested in full.
FAQ
What insider transaction did SmartRent (SMRT) disclose for its CFO?
SmartRent disclosed that its CFO, Daryl Stemm, converted 64,935 Restricted Stock Units into the same number of Class A Common shares on January 22, 2026, and disposed of 30,617 Class A Common shares in a separate transaction that day.
At what prices were the SmartRent (SMRT) transactions reported?
The conversion of 64,935 Restricted Stock Units into Class A Common Stock had an exercise price of $0.00 per share, while the disposition of 30,617 Class A Common shares was reported at $1.72 per share.
What do the Restricted Stock Units in this SmartRent (SMRT) Form 4 represent?
Each Restricted Stock Unit reported by the CFO represents a contingent right to receive one share of SmartRent Class A Common Stock, par value $0.001 per share, upon vesting.
How do the SmartRent (SMRT) CFO’s Restricted Stock Units vest?
According to the filing, the CFO’s Restricted Stock Units vest as follows: one-fourth vests on January 22, 2026, with the remaining units vesting in equal annual installments until fully vested.
Is the SmartRent (SMRT) CFO’s ownership reported as direct or indirect?
The Form 4 indicates that the CFO’s holdings of both Class A Common Stock and Restricted Stock Units after these transactions are held with direct ownership.