SmartRent CRO exercises RSUs; shares withheld for tax
SmartRent, Inc. Chief Revenue Officer Natalie Cariola reported routine equity compensation activity involving Restricted Stock Units that convert into Class A Common Stock.
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
86,986 shares exercised/converted
Exercise
3 txns
Insider
Cariola Natalie
Role
Chief Revenue Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 86,986 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 86,986 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 23,356 | $1.15 | $27K |
Holdings After Transaction:
Restricted Stock Units — 86,987 contracts (Direct);
Class A Common Stock — 130,082 shares (Direct)
Footnotes (2)
- F1. 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.
- F2. 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
