Welcome to our dedicated page for Smartrent SEC filings (Ticker: SMRT), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
SmartRent, Inc. filings document operating results and corporate governance for a Delaware real estate technology company serving rental housing owners, managers and residents. 8-K reports furnish quarterly and annual financial results, preliminary metrics, Regulation FD investor materials and business updates tied to SaaS revenue, hardware activity, ARR, deployment trends, margins and liquidity.
Proxy and governance filings cover annual meeting matters, director elections, auditor ratification, amendments to the 2021 Equity Incentive Plan, equity award authority, board committee composition, officer transitions, director appointments, amended and restated bylaws, advance-notice provisions and Class A common stock compensation arrangements.
SmartRent, Inc. director Ann Sperling reported equity compensation activity involving Restricted Stock Units (RSUs) and Class A Common Stock. On May 11, 2026, 182,926 RSUs vested in full, delivering the same number of Class A shares at no exercise price, leaving her with 340,894 common shares directly held after the transaction.
On May 12, 2026, she received a new award of 131,578 RSUs, each representing a contingent right to one Class A share. These new RSUs will vest in full on the earlier of May 12, 2027 or immediately before SmartRent’s next annual stockholder meeting, aligning her compensation with future company performance.
SmartRent, Inc. held its 2026 annual meeting of stockholders, where shareholders elected two Class II directors, ratified the company’s auditor, and approved an amended and restated 2021 Equity Incentive Plan that increases the shares reserved for employee equity awards.
Alison Dean received 62,394,217 votes for and 13,472,655 withheld, while Frank Martell received 66,062,667 votes for and 9,804,205 withheld, with 63,236,607 broker non-votes for each. Stockholders also ratified Deloitte & Touche LLP as independent registered public accounting firm for the year ending December 31, 2026, with 138,630,119 votes for, 33,012 against, and 440,348 abstentions.
The amended and restated 2021 Equity Incentive Plan was approved with 62,122,194 votes for, 11,053,349 against, 2,691,329 abstentions, and 63,236,607 broker non-votes, supporting continued use of equity-based compensation to attract and retain employees and executives.
SmartRent, Inc. director and CEO Frank Martell reported an open-market purchase of 50,000 shares of Class A Common Stock through the Frank D. and Donna M. Martell Family Trust. The shares were bought at a weighted average price of about $1.12 per share.
After this transaction, the trust holds 3,065,266 shares indirectly attributed to Martell, indicating this was a relatively small addition to an already substantial position. The trades were executed in multiple lots at prices ranging from $1.115 to $1.13 per share.
SmartRent, Inc. reported a smaller loss for the three months ended March 31, 2026 as operating costs declined and prior-year impairment charges did not recur. Revenue was $38.7 million, down modestly from $41.3 million a year earlier, with lower hardware and hosted services sales partly offset by higher professional services.
Cost of revenue fell to $23.6 million, and operating expenses dropped to $20.2 million from $29.9 million, helped by reduced research and development, general and administrative spending, and lower legal costs. The company booked no goodwill impairment in 2026 versus a $24.9 million charge in 2025.
Net loss improved sharply to $4.4 million, or $0.02 per share, compared with a net loss of $40.2 million or $0.21 per share. SmartRent ended the quarter with $98.8 million of cash and cash equivalents and no borrowings under its $75 million revolving credit facility, while deferred revenue totaled $46.3 million, providing a base of future subscription and services revenue.
SmartRent, Inc. reported first quarter 2026 results showing sharply improved profitability despite lower revenue. Total revenue was $38.7 million, down 6% year over year, mainly due to a tough comparison from a large prior-year hardware order and lower non-cash hub amortization.
Core Revenue was essentially flat at $36.6 million, while Annual Recurring Revenue rose 9% to $60.9 million and now represents 39% of revenue. Net loss narrowed to $4.4 million from $40.2 million, helped by cost reductions and the absence of a prior-year goodwill impairment. Adjusted EBITDA turned positive at $0.4 million, gross margin expanded to 39.1%, and the company ended the quarter with $99 million in cash, no debt, and an undrawn $75 million credit facility.
Bansi Pankaj reported acquisition or exercise transactions in this Form 4 filing.
SmartRent, Inc. reported that Chief Operating Officer Bansi Pankaj received a grant of 68,027 Restricted Stock Units (RSUs) on April 23, 2026. Each RSU represents a contingent right to receive one share of Class A Common Stock. One-quarter of the RSUs vest on April 22, 2027, with additional one-quarter portions vesting on each of the next three yearly anniversaries, as long as the executive continues as a service provider through each vesting date. Following this award, the filing shows holdings of 68,027 RSUs directly.
SmartRent, Inc. CEO Frank Martell reported a compensation-related share acquisition. On March 31, 2026, he exercised 450,000 Restricted Stock Units, receiving an equal number of Class A Common shares at an exercise price of $0.00 per share.
Following the transactions, Martell held 451,470 Class A shares directly, including 1,470 shares acquired under SmartRent’s 2021 Employee Stock Purchase Plan. He also held 2,563,796 shares indirectly through the Frank D. and Donna M. Martell Family Trust after the transfer of 450,000 shares to that trust.
The RSUs exercised were part of a 1,800,000-unit Restricted Stock Unit grant awarded on June 16, 2025, which vests in four substantially equal quarterly installments so that all units are vested by June 30, 2026. These actions reflect equity compensation vesting and internal ownership structuring rather than open-market trading.
SmartRent, Inc. will hold its 2026 virtual annual stockholder meeting on May 12, 2026 at 8:00 a.m. Arizona time. Stockholders of record as of March 18, 2026 will vote on electing two Class II directors, ratifying Deloitte & Touche LLP as auditor, and approving the amended and restated 2021 Equity Incentive Plan, which includes an increase in shares reserved for equity awards. The proxy also details a refreshed, majority‑independent board, committee structures, ESG initiatives, and 2025 executive and director compensation. For 2025, SmartRent reported revenue of $152.3 million, SaaS revenue of $57.8 million, a net loss of $60.6 million, and year‑end cash of $104.6 million with no debt.
SmartRent, Inc. executive Heather Auer, Chief Human Resources Officer, filed an initial Form 3 showing her existing equity awards in Class A Common Stock. The filing lists employee stock options to buy 372,364 shares at an exercise price of $0.47 per share expiring on January 14, 2030, 153,232 shares at $2.87 expiring on January 24, 2033, and 128,503 shares at $3.36 expiring on January 23, 2034. It also reports restricted stock units covering 194,805 and 247,093 shares, which generally vest in annual installments as described in the grant footnotes.