SmartRent (SMRT) CRO exercises RSUs and holds 130,082 common shares

Rhea-AI Filing Summary

SmartRent, Inc. Chief Revenue Officer Natalie Cariola reported routine equity compensation activity involving Restricted Stock Units that convert into Class A Common Stock. She exercised or converted 86,986 Restricted Stock Units into Class A shares, and 23,356 shares were disposed of at $1.15 per share to satisfy tax obligations, not as an open-market sale. Following these transactions, she directly holds 130,082 shares of Class A Common Stock. Footnotes show the underlying grant was for 173,973 Restricted Stock Units, vesting in two equal annual installments beginning on the first anniversary of the May 20, 2025 grant date.

Insider Trade Summary

86,986 shares exercised/converted

Mixed 3 txns

Insider Cariola Natalie

Role Chief Revenue Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	86,986	$0.00	--
Exercise	Class A Common Stock	86,986	$0.00	--
Tax Withholding	Class A Common Stock	23,356	$1.15	$27K

Holdings After Transaction: Restricted Stock Units — 86,987 shares (Direct, null); Class A Common Stock — 153,438 shares (Direct, null)

Footnotes (1)

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. On May 20, 2025, the reporting person was granted 173,973 Restricted Stock Units, vesting in two equal annual installments beginning on the first anniversary of the grant date.

Key Figures

RSUs exercised: 86,986 shares Tax-withholding shares: 23,356 shares at $1.15/share Shares held after transaction: 130,082 shares +2 more

5 metrics

RSUs exercised 86,986 shares Restricted Stock Units converted into Class A Common Stock

Tax-withholding shares 23,356 shares at $1.15/share Shares delivered to satisfy tax liability

Shares held after transaction 130,082 shares Direct holdings of Class A Common Stock following transactions

RSU grant size 173,973 Restricted Stock Units Grant dated May 20, 2025, vesting in two equal annual installments

RSUs remaining after exercise 86,987 Restricted Stock Units Total derivative RSU balance following transactions

Key Terms

Restricted Stock Units, derivative exercise/conversion, tax-withholding disposition, Class A Common Stock

4 terms

Restricted Stock Units financial

"The reporting person was granted 173,973 Restricted Stock Units, vesting in two equal annual installments"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

derivative exercise/conversion financial

"transaction_action": "derivative exercise/conversion""

tax-withholding disposition financial

"transaction_action": "tax-withholding disposition""

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

Class A Common Stock financial

"Each Restricted Stock Unit represents a contingent right to receive one share of the issuer's Class A Common Stock"

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

Form 4 Insider Transactions: What Each Field Means →

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^*

Cariola Natalie

(Last) (First) (Middle)

6811 E MAYO BLVD

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/20/2026

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	05/20/2026		M		86,986	A	(1)	153,438	D
Class A Common Stock	05/20/2026		F		23,356	D	$1.15	130,082	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)	05/20/2026		M			86,986	(2)	(2)	Class A Common Stock	173,973	$0	86,987	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. On May 20, 2025, the reporting person was granted 173,973 Restricted Stock Units, vesting in two equal annual installments beginning on the first anniversary of the grant date.

	/s/ Natalie Cariola	05/20/2026
	** 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)

FAQ

What insider transaction did SmartRent (SMRT) CRO Natalie Cariola report?

Natalie Cariola reported routine equity compensation activity. She exercised or converted 86,986 Restricted Stock Units into Class A Common Stock and had 23,356 shares withheld to cover tax obligations, rather than selling shares in the open market.

How many SmartRent (SMRT) shares were withheld for taxes in this Form 4?

The filing shows 23,356 shares of SmartRent Class A Common Stock were disposed of at $1.15 per share. This code F transaction reflects shares delivered to satisfy tax liabilities related to equity compensation, not an open-market sale by the executive.

How many SmartRent (SMRT) shares does Natalie Cariola hold after the transactions?

After the reported transactions, Natalie Cariola directly holds 130,082 shares of SmartRent Class A Common Stock. This figure reflects her position following the RSU conversion and the share disposition used to satisfy associated tax obligations.

What RSU grant underlies the SmartRent (SMRT) Form 4 for Natalie Cariola?

Footnotes state that on May 20, 2025, Natalie Cariola was granted 173,973 Restricted Stock Units. These RSUs vest in two equal annual installments beginning on the first anniversary of the grant date, providing a structured multi-year equity compensation schedule.

Were the SmartRent (SMRT) insider transactions open-market buys or sells?

The transactions were not open-market buys or sells. They reflect a derivative exercise or conversion of 86,986 RSUs into Class A Common Stock and a tax-withholding disposition of 23,356 shares to cover liabilities, which is a common mechanism for equity compensation.