SmartRent (NYSE: SMRT) awards 247,093 RSUs to its General Counsel
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SmartRent, Inc. reported that its General Counsel, Brian Michael McQuaid, received an award of 247,093 Restricted Stock Units (RSUs) on January 27, 2026. Each RSU represents the right to receive one share of SmartRent Class A common stock.
According to the filing, one quarter of these RSUs will vest on January 27, 2027, with the remainder vesting in equal annual installments until fully vested. Following this award, McQuaid beneficially owns 247,093 derivative securities directly, all from this RSU grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
McQuaid Brian Michael
Role
General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 247,093 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 247,093 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 RSUs will vest as follows: one-quarter will vest on January 27, 2027 with the remaining vesting in equal annual installments until vested in full.
FAQ
What did SmartRent (SMRT) disclose in this Form 4 filing?
SmartRent disclosed that its General Counsel, Brian Michael McQuaid, received 247,093 Restricted Stock Units on January 27, 2026. These RSUs convert into Class A common shares over time as they vest, aligning part of his compensation with the company’s equity performance.
How many RSUs were granted to SmartRent (SMRT) General Counsel?
The General Counsel of SmartRent, Brian Michael McQuaid, was granted 247,093 Restricted Stock Units. Each unit represents a contingent right to receive one share of SmartRent’s Class A common stock, subject to a multi-year vesting schedule described in the Form 4 filing.
When do the SmartRent (SMRT) RSUs for the General Counsel begin vesting?
The RSUs awarded to SmartRent’s General Counsel begin vesting on January 27, 2027. On that date, one-quarter of the 247,093 units vest, with the remaining units vesting in equal annual installments until the entire award has fully vested over several years.
What does each SmartRent (SMRT) Restricted Stock Unit represent?
Each SmartRent Restricted Stock Unit represents a contingent right to receive one share of the company’s Class A common stock. No cash is paid for RSUs at grant; instead, shares are delivered as vesting conditions are met according to the disclosed schedule.
Is the SmartRent (SMRT) General Counsel’s RSU ownership direct or indirect?
The Form 4 shows that the 247,093 Restricted Stock Units are held with direct ownership by the General Counsel. The filing does not note any indirect ownership through entities or family members, so the reported beneficial ownership is entirely direct at this time.
Did the SmartRent (SMRT) Form 4 report any stock sales by the General Counsel?
The Form 4 does not report any stock sales by the General Counsel. It reports only an acquisition of 247,093 Restricted Stock Units at a price of zero per unit, reflecting an equity compensation grant rather than an open-market purchase or sale transaction.