[Form 4] SMITH MICRO SOFTWARE, INC. Insider Trading Activity

Rhea-AI Filing Summary

Smith Micro Software President and CEO William W. Smith Jr. reported the forfeiture of 9,706 shares of restricted common stock to the company in an issuer disposition. The shares were forfeited at a price of $0.00 per share in accordance with the grant terms.

After this forfeiture, he directly holds 357,691 shares of common stock. In addition, 5,517,674 shares are held indirectly through the Smith Living Trust, reflecting his remaining reported ownership position.

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

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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^*

SMITH WILLIAM W JR

(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	X	10% Owner
X	Officer (give title below)		Other (specify below)
	President and CEO

3. Date of Earliest Transaction (Month/Day/Year)
02/21/2026

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	02/21/2026		D		9,706(1)	D	$0	357,691	D
Common stock								5,517,674	I	Smith Living Trust

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. Shares of restricted stock forfeited in accordance with the terms of grant.

	/s/ Jennifer M. Reinke as attorney-in-fact for William W. Smith, Jr.	02/24/2026
	** 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.
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.

FAQ

What insider transaction did SMSI’s CEO report on this Form 4?

The CEO reported a forfeiture of 9,706 restricted shares of Smith Micro common stock back to the issuer. This was an issuer disposition at $0.00 per share, occurring in line with the original terms of the restricted stock grant.

Was the SMSI CEO’s Form 4 transaction an open-market sale?

No, the filing shows a disposition to the issuer, not an open-market sale. A footnote explains the restricted stock was forfeited in accordance with the grant terms, with a $0.00 per-share transaction price reported.

How many SMSI shares does the CEO hold directly after this Form 4?

Following the forfeiture, the CEO directly owns 357,691 shares of Smith Micro common stock. This figure reflects his direct holding balance after the 9,706 restricted shares were returned to the company under the grant conditions.

What indirect SMSI share holdings are reported for the CEO?

The Form 4 reports 5,517,674 shares of Smith Micro common stock held indirectly through the Smith Living Trust. This line is presented as a holding entry, indicating the post-event indirect ownership level associated with the reporting person.

What does the restricted stock forfeiture in SMSI’s Form 4 mean?

The forfeiture means 9,706 restricted shares reverted to the issuer under the grant’s terms, rather than being sold in the market. It reflects grant conditions taking effect, while leaving substantial direct and indirect share ownership in place for the CEO.