SmartRent Insider Filing: 1,111 RSUs Awarded to CTO; 465 Shares Sold at $1.32

Rhea-AI Filing Summary

Isaiah DeRose-Wilson, Chief Technology Officer of SmartRent, Inc. (SMRT), reported insider transactions on 08/18/2025. The filing shows 1,111 Restricted Stock Units (RSUs) granted, each representing a contingent right to one share of Class A common stock. After the reported transactions, he beneficially owned 111,382 shares of Class A common stock and 5,556 RSUs in total. The RSUs vested partially: one-fourth vested on January 18, 2023, with the remainder vesting in equal monthly installments over 48 months until fully vested. The report also discloses a separate disposition of 465 shares at a price of $1.32 per share.

Positive

• Grant of 1,111 Restricted Stock Units provides continued executive alignment and retention via time-based vesting
• Clear disclosure of post-transaction beneficial ownership: 111,382 Class A shares and 5,556 RSUs

Negative

• Disposition of 465 shares at $1.32 indicates the officer sold shares, which may be viewed as partial liquidity
• Filing does not state total company share count, so impact on ownership percentage cannot be assessed from this form alone

Insights

Corporate Governance Expert

TL;DR: Insider received RSUs and sold a small block of shares; transaction is routine for compensation and liquidity management.

The 08/18/2025 Form 4 documents a grant of 1,111 Restricted Stock Units to the Chief Technology Officer and a contemporaneous sale of 465 Class A shares at $1.32 each. The filing clearly states the RSUs convert one-for-one into Class A common stock and describes the vesting schedule that began with a 25% vesting on January 18, 2023 and continued monthly thereafter. From a governance perspective, grants tied to time-based vesting are standard compensation tools to align executive retention with shareholder interests. The disclosed sale amount and post-transaction holdings are explicit and provide transparency into the officer’s current equity position.

Securities Analyst

TL;DR: Transactions are transparent and limited in size; no material change to insider ownership percentage is indicated.

The Form 4 reports the officer beneficially owning 111,382 Class A shares and 5,556 RSUs after transactions. The sale of 465 shares at $1.32 is disclosed with price, and the RSU mechanics are explained. The magnitude of the grant and sale are explicitly stated, but the filing does not provide company-wide share counts or percentages, so the material impact on overall capitalization cannot be determined from this document alone.

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

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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^*

DeRose-Wilson Isaiah

(Last) (First) (Middle)

8665 E. HARTFORD DRIVE

SUITE 200

(Street)

SCOTTSDALE AZ 85255

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Technology Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/18/2025

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	08/18/2025		M		1,111	A	(1)	111,847	D
Class A Common Stock	08/18/2025		F		465	D	$1.32	111,382	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
Restricted Stock Units	(1)	08/18/2025		M			1,111	(2)	(2)	Class A Common Stock	1,111	$0.00	5,556	D

Explanation of Responses:

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.

2. 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.

	/s/ Isaiah DeRose-Wilson	08/18/2025
	** 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).
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FAQ

What transactions did SMRT CTO Isaiah DeRose-Wilson report on 08/18/2025?

He reported a grant of 1,111 Restricted Stock Units (RSUs) and a disposition of 465 Class A shares sold at $1.32 per share.

How many shares does Isaiah DeRose-Wilson beneficially own after the reported transactions?

The Form 4 shows he beneficially owned 111,382 Class A shares and 5,556 RSUs following the reported transactions.

What is the vesting schedule for the RSUs granted to Isaiah DeRose-Wilson?

One-fourth of the RSUs vested on January 18, 2023, with the remaining RSUs vesting in 1/48 equal monthly installments until fully vested.

What does each Restricted Stock Unit represent in this filing?

Each RSU represents a contingent right to receive one share of the issuer's Class A Common Stock.

At what price were the 465 shares sold?

The 465 shares were sold at a price of $1.32 per share as disclosed in the Form 4.