SMSI Form 4: Officer Acquires 119,760 Warrants at $0.73

Smith Micro Software director and officer Timothy C. Huffmyer acquired 119,760 common stock purchase warrants on 09/17/2025 at a $0.73 exercise price.

Rhea-AI Filing Summary

Smith Micro Software director and officer Timothy C. Huffmyer acquired 119,760 common stock purchase warrants on 09/17/2025 at a $0.73 exercise price. The warrants are exercisable beginning 03/17/2026 and expire 03/17/2031, and correspond to 119,760 underlying common shares owned directly after the transaction. The filing states the warrants were purchased from the issuer together with a promissory note for aggregate consideration of approximately $100,000.

The Form 4 was signed by an attorney-in-fact on behalf of Mr. Huffmyer on 09/18/2025. The report discloses no other transactions, amendments, or material terms beyond the warrant details and purchase consideration.

Positive

• Insider purchase disclosed: Timothy C. Huffmyer acquired 119,760 warrants, demonstrating an officer-level transaction reported under Section 16.
• Clear instrument terms provided: Exercise price $0.73, exercisable 03/17/2026, expiring 03/17/2031, underlying 119,760 common shares.
• Consideration stated: Aggregate consideration for the warrants and promissory note is approximately $100,000.

Negative

• Potential share impact disclosed: Warrants correspond to 119,760 underlying common shares, which could result in future share issuance upon exercise.
• No additional contextual disclosures: The filing does not provide details on the promissory note terms or effects on capitalization beyond the stated consideration.

Insights

Securities Analyst

TL;DR: An officer purchased 119,760 warrants at $0.73, creating direct ownership of 119,760 shares upon exercise.

This Form 4 documents a single non-derivative/derivative transaction where Mr. Huffmyer acquired common stock purchase warrants exercisable from 03/17/2026 through 03/17/2031 with a $0.73 strike. The filing quantifies the instruments and states aggregate consideration of ~ $100,000 paid via purchase and a promissory note. For analysts, the key takeaways are the exact warrant count, strike, exercisability window, and the fact the reporting person is a senior officer, which is relevant for insider-position tracking and potential future share issuance upon exercise.

Corporate Governance Expert

TL;DR: Officer-level insider acquired issuer-issued warrants; transaction is disclosed and documented per Section 16 rules.

The filing shows compliance with Section 16 reporting: the officer/officer-title is identified, the transaction date and instrument terms are disclosed, and an attorney-in-fact executed the form. The disclosure of purchase consideration (~$100,000) and the mechanics (warrant purchase from issuer with a promissory note) provide clarity on the economic terms. No other governance actions, amendments, or related-party arrangements are disclosed within this form.

Insider Trade Summary

Grant/Award: 119,760 shares

Grant/Award 1 txn

Insider Huffmyer Timothy C.

Role VP, COO, CFO and Treasurer

Type	Security	Shares	Price	Value
Grant/Award	Common stock purchase warrant	119,760	$0.00	$0.00

Holdings After Transaction: Common stock purchase warrant — 119,760 contracts (Direct)

Footnotes (1)

1. F1. The common stock purchase warrant was purchased from the issuer by Mr. Huffmyer together with a promissory note in exchange for aggregate consideration of approximately $100,000.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Timothy C. Huffmyer report on Form 4 for SMSI?

Mr. Huffmyer reported acquiring 119,760 common stock purchase warrants on 09/17/2025 with a $0.73 exercise price and 03/17/2026 exercisability.

How many underlying shares are tied to the warrants reported on SMSI Form 4?

The warrants relate to 119,760 underlying common shares, and the reporting person beneficially owns 119,760 shares following the transaction.

What are the expiration and exercisable dates for the warrants in the SMSI filing?

The warrants are exercisable beginning 03/17/2026 and expire on 03/17/2031.

How much did the warrants cost according to the Form 4?

The filing states the warrants were purchased together with a promissory note for aggregate consideration of approximately $100,000.

Who signed the Form 4 filing for Timothy C. Huffmyer?

The Form 4 was signed by Jennifer M. Reinke as attorney-in-fact for Timothy C. Huffmyer on 09/18/2025.

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

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Accepted by SEC EDGAR 09/18/2025 - 06:39 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).

1. Name and Address of Reporting Person^*

Huffmyer Timothy C.

(Last) (First) (Middle)

5800 CORPORATE DRIVE

(Street)

PITTSBURGH PA 15237

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
SMITH MICRO SOFTWARE, INC. [ SMSI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	VP, COO, CFO and Treasurer

3. Date of Earliest Transaction (Month/Day/Year)
09/17/2025

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

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

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

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

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
Common stock purchase warrant	$0.73	09/17/2025		A		119,760		03/17/2026	03/17/2031	Common stock	119,760	(1)	119,760	D

Explanation of Responses:

1. The common stock purchase warrant was purchased from the issuer by Mr. Huffmyer together with a promissory note in exchange for aggregate consideration of approximately $100,000.

	/s/ Jennifer M. Reinke as attorney-in-fact for Timothy C. Huffmyer	09/18/2025
	** 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.