SmartRent (SMRT) CEO Frank Martell purchases 100,000 shares at $1.42 average price

Rhea-AI Filing Summary

SmartRent, Inc. director and Chief Executive Officer Frank Martell reported a purchase of 100,000 shares of Class A Common Stock on 2026-08-11 in an open market or private transaction at a weighted average price of $1.4226 per share. The transaction was executed in multiple trades between $1.375 and $1.44 per share. Following this trade, 3,672,086 shares are reported as indirectly held through the Frank D. and Donna M. Martell Family Trust, of which Martell and his spouse are co-trustees.

Insider Trade Summary

Net Buyer: 100,000 shares

Net Buy 1 txn

Insider Martell Frank

Role Chief Executive Officer

Bought 100,000 shs ($142K)

Type	Security	Shares	Price	Value
Purchase	Class A Common Stock F1, F2	100,000	$1.4226	$142K

Holdings After Transaction: Class A Common Stock — 3,672,086 shares (Indirect, Frank D. and Donna M. Martell Family Trust)

Footnotes (2)

1. F1. This transaction was executed in multiple trades at prices ranging from $1.375 to $1.44. 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.
2. F2. The number of shares held reflects the transfer of 226,890 shares of Common Stock from the Reporting Person to the Frank D. and Donna M. Martell Family Trust, under agreement dated December 10, 2025, of which the Reporting Person and his spouse are co-trustees.

Key Figures

Shares purchased: 100,000 shares Weighted average purchase price: $1.4226 per share Trade price range: $1.375–$1.44 per share +2 more

5 metrics

Shares purchased 100,000 shares Class A Common Stock bought on 2026-08-11

Weighted average purchase price $1.4226 per share Open market or private transaction on 2026-08-11

Trade price range $1.375–$1.44 per share Multiple trades executed for the 100,000-share purchase

Indirect holdings after transaction 3,672,086 shares Class A Common Stock held via Frank D. and Donna M. Martell Family Trust

Shares transferred to family trust 226,890 shares Prior transfer from reporting person to the family trust under 2025 agreement

Key Terms

weighted average price, open market or private transaction, indirect ownership, family trust

4 terms

weighted average price financial

"The price reported above reflects the weighted average sale price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

open market or private transaction financial

"Purchase in open market or private transaction"

indirect ownership financial

"total_shares_following_transaction ... ownership_type "indirect""

family trust financial

"Frank D. and Donna M. Martell Family Trust, under agreement dated December 10, 2025"

FAQ

What insider transaction did SmartRent (SMRT) disclose for CEO Frank Martell?

SmartRent reported that CEO and director Frank Martell purchased 100,000 shares of Class A Common Stock on 2026-08-11. The filing classifies this as a purchase in an open market or private transaction.

At what price did the SmartRent (SMRT) CEO buy the 100,000 shares?

The 100,000 SmartRent shares were bought at a weighted average price of $1.4226 per share. The transaction occurred in multiple trades with prices ranging from $1.375 to $1.44 per share.

How many SmartRent (SMRT) shares does Frank Martell report owning after this trade?

After the reported purchase, 3,672,086 shares of SmartRent Class A Common Stock are reported as indirectly owned. These shares are held through the Frank D. and Donna M. Martell Family Trust, where Martell and his spouse serve as co-trustees.

Was the SmartRent (SMRT) CEO’s 100,000-share purchase under a Rule 10b5-1 plan?

The filing’s Rule 10b5-1 checkbox is not marked as affirmed, and the footnotes do not state that the transaction was executed under a Rule 10b5-1 trading plan, so it is reported as a discretionary trade.

What does the footnote about the SmartRent (SMRT) family trust transfer explain?

One footnote states that the reported holdings reflect a transfer of 226,890 shares of Common Stock from the reporting person to the Frank D. and Donna M. Martell Family Trust, under an agreement dated December 10, 2025, where Martell and his spouse are co-trustees.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/11/2026 - 05:24 PM Accepted by SEC EDGAR 08/11/2026 - 05:24 PM Learn about SEC filing dates

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^*

Martell Frank

(Last) (First) (Middle)

6811 E MAYO BLVD

SUITE 400

(Street)

PHOENIX ARIZONA 85054

(City) (State) (Zip)

UNITED STATES

(Country)

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
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/11/2026

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

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

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

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	08/11/2026		P		100,000	A	$1.4226(1)	3,672,086(2)	I	Frank D. and Donna M. Martell Family Trust

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 $1.375 to $1.44. 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.

2. The number of shares held reflects the transfer of 226,890 shares of Common Stock from the Reporting Person to the Frank D. and Donna M. Martell Family Trust, under agreement dated December 10, 2025, of which the Reporting Person and his spouse are co-trustees.

	/s/ Frank Martell	08/11/2026
	** 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.
* Form 4: SEC 1474 (03-26)