Smith Micro director granted 12,500 shares

Elfman Steven Lawrence reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Elfman Steven Lawrence reported acquisition or exercise transactions in this Form 4 filing.

SMITH MICRO SOFTWARE, INC. director Steven Lawrence Elfman reported receiving a grant of 12,500 shares of common stock on March 9, 2026. The award was an unrestricted stock grant made under the company's Amended and Restated Omnibus Equity Incentive Plan, with a reported grant price of $0.00 per share.

After this equity award, Elfman directly holds 69,087 shares of Smith Micro common stock. This is a compensation-related stock grant rather than an open-market purchase, so it does not reflect a discretionary buy of shares in the market.

Insider Trade Summary

Grant/Award: 12,500 shares

Grant/Award 1 txn

Insider Elfman Steven Lawrence

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common stock	12,500	$0.00	$0.00

Holdings After Transaction: Common stock — 69,087 shares (Direct)

Footnotes (1)

1. F1. Unrestricted stock award pursuant to the Company's Amended and Restated Omnibus Equity Incentive Plan.

FAQ

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

What insider transaction did Steven Elfman report for Smith Micro (SMSI)?

Steven Lawrence Elfman, a director of Smith Micro, reported receiving a grant of 12,500 shares of common stock. The shares were awarded as unrestricted stock under the company’s Amended and Restated Omnibus Equity Incentive Plan as part of his compensation.

How many Smith Micro (SMSI) shares were granted to director Steven Elfman?

Steven Elfman was granted 12,500 shares of Smith Micro common stock. The Form 4 shows the award was priced at $0.00 per share, indicating a compensation grant rather than a purchase in the open market or through a cash transaction.

What is Steven Elfman’s Smith Micro (SMSI) share ownership after this Form 4?

Following the reported equity award, Steven Elfman directly holds 69,087 shares of Smith Micro common stock. This total reflects his position after receiving the 12,500-share unrestricted stock grant under the company’s Omnibus Equity Incentive Plan.

Was Steven Elfman’s Smith Micro (SMSI) Form 4 transaction a market purchase?

No, the transaction was not a market purchase. The Form 4 identifies the code as “A,” a grant or award, with a price of $0.00 per share, meaning Elfman received the shares as equity compensation rather than buying them on the open market.

Under what plan was Steven Elfman’s Smith Micro (SMSI) stock grant made?

The 12,500-share award to Steven Elfman was made under Smith Micro’s Amended and Restated Omnibus Equity Incentive Plan. A footnote explains that the transaction represents an unrestricted stock award issued pursuant to this shareholder-approved equity compensation program.

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

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Accepted by SEC EDGAR 03/10/2026 - 05:44 PM EDT 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).

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^*

Elfman Steven Lawrence

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
03/09/2026

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
Common stock	03/09/2026		A		12,500(1)	A	$0	69,087	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

Explanation of Responses:

1. Unrestricted stock award pursuant to the Company's Amended and Restated Omnibus Equity Incentive Plan.

	/s/ Jennifer M. Reinke as attorney-in-fact for Steven L. Elfman	03/10/2026
	** 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.
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