Smith Micro Software Inc SEC Filings

Smith Micro Software’s CEO updates his ownership stake following new warrant purchase. William W. Smith, Jr. now reports beneficial ownership of 9,446,520 shares of Common Stock, representing 32.2% of the company’s common stock, including shares he controls through the Smith Living Trust.

The filing reflects a February 3, 2026 transaction in which the Smith Living Trust purchased a common stock purchase warrant exercisable for 1,480,165 shares of Common Stock together with a promissory note, for aggregate consideration of approximately $1,000,000. The warrant becomes exercisable on August 3, 2026. Smith has sole voting and dispositive power over 367,397 shares and shared voting and dispositive power over 9,079,123 shares held by the Smith Living Trust, including 3,561,449 shares that can be acquired within 60 days upon warrant exercise.

Smith Micro Software, Inc. entered into a financing deal with the Smith Living Trust, a trust co‑managed by its chairman, president and CEO, William W. Smith, Jr., and his wife. The trust is providing funds through secured promissory notes and accompanying unregistered stock purchase warrants.

On February 3, 2026, the company closed an initial transaction for approximately $1,000,000, consisting of about $814,979 as a loan and roughly $185,021 for the warrant purchase. The note is secured by accounts receivable and certain other assets, carries 15.0% annual interest, and is due on or before March 31, 2026.

The warrant has a $0.68 exercise price, is exercisable from August 3, 2026 to August 3, 2031, and allows purchases of common stock. The company will file a registration statement to register the warrant shares for resale and plans to use net proceeds for working capital and general corporate purposes.

Smith Micro Software insider reports routine tax-related share withholding. A company officer serving as VP, COO, CFO and Treasurer reported a Form 4 transaction dated 12/17/2025. The filing shows 254 shares of common stock withheld at an average vesting price of $0.6225 per share, identified in the explanation as shares withheld for the payment of income taxes upon vesting. After this transaction, the officer beneficially owns 225,906 shares of Smith Micro Software common stock directly.

Smith Micro Software insider tax withholding transaction reported

Smith Micro Software, Inc.'s President and CEO, who is also a director and 10% owner, reported a Form 4 transaction dated 12/17/2025. The filing shows that 1,000 shares of common stock were disposed of at an average price of $0.6225 per share under transaction code "F," which means shares were withheld to cover income taxes on a vesting event. After this withholding, the insider beneficially owns 367,397 shares directly and 5,517,674 shares indirectly through the Smith Living Trust.

Smith Micro Software, Inc. is registering the resale of 9,109,486 shares of common stock on behalf of existing investors, including 2,236,136 already-issued shares and up to 6,873,350 shares issuable upon exercise of outstanding warrants. The company is not selling shares itself and will not receive proceeds from these resales, but could receive up to approximately $4.71 million if all warrants are exercised for cash.

Shares of common stock outstanding were 25,206,337 as of December 2, 2025, or 32,079,687 assuming full exercise of all registered warrants. The prospectus highlights that investing in the stock involves a high degree of risk, including a Nasdaq notice that the share price has been below the $1.00 minimum bid requirement and an auditor report containing a going concern emphasis. Smith Micro focuses on wireless software solutions such as its SafePath family safety platform and CommSuite voicemail and messaging services, and currently plans to retain earnings rather than pay dividends.

Smith Micro Software executive Timothy C. Huffmyer, the company’s VP, COO, CFO and Treasurer, received a grant of 75,398 shares of common stock on 12/09/2025. The award was granted at a price of $0, indicating a restricted stock grant rather than an open-market purchase. These shares are subject to performance-based vesting and will vest in installments only if performance criteria for the fourth quarter of 2025 are satisfied. Following this grant, Huffmyer beneficially owns 226,160 shares of Smith Micro Software common stock, held directly.

Smith Micro Software (SMSI) reported insider equity activity by VP, COO, CFO and Treasurer Timothy C. Huffmyer on a Form 4. The filing shows routine share movements tied to vesting and grant terms.

On 11/11/2025, 294 shares of common stock were withheld at an average vesting price of $0.7752 for tax withholding, and 9,676 shares of restricted stock were disposed at $0 due to forfeiture under the grant’s terms. On 11/12/2025, 19,143 shares were withheld at an average vesting price of $0.6845 for tax withholding. Following these transactions, directly held shares moved from 179,581 to 169,905 and then to 150,762.

Smith Micro Software (SMSI) President and CEO William W. Smith, Jr. filed a Form 4 reporting routine equity award events. On 11/11/2025 and 11/12/2025, a total of 31,813 common shares were withheld to cover taxes upon vesting at average prices of $0.7752 and $0.6995, respectively. On 11/11/2025, 12,901 restricted shares were forfeited in accordance with the grant terms.

Following these transactions, he beneficially owned 249,348 shares directly. He also reported 5,592,968 shares held indirectly through the Smith Living Trust.