SMSI CEO Form 4: 31,813 shares withheld; 12,901 forfeited, Nov 2025

Smith Micro Software (SMSI) President and CEO William W. Smith, Jr. filed a Form 4 reporting routine equity award events.

Rhea-AI Filing Summary

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.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider SMITH WILLIAM W JR

Role President and CEO

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	30,813	$0.6995	$22K
Exercise Price or Tax Liability	Common Stock	1,000	$0.7752	$775.20
Disposition	Common Stock	12,901	$0.00	$0.00
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 249,348 shares (Direct); Common Stock — 5,592,968 shares (Indirect, Smith Living Trust)

Footnotes (3)

1. F1. Shares withheld, at an average vesting price of $0.7752 per share, for the payment of income taxes.
2. F2. Shares of restricted stock forfeited in accordance with the terms of grant.
3. F3. Shares withheld, at an average vesting price of $0.6995 per share, for the payment of income taxes.

FAQ

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

What insider transactions did SMSI's CEO report?

Shares were withheld to pay taxes upon vesting (1,000 at $0.7752 on 11/11/2025 and 30,813 at $0.6995 on 11/12/2025), and 12,901 restricted shares were forfeited.

How many SMSI shares does the CEO hold directly after these transactions?

Direct beneficial ownership was reported as 249,348 shares after the transactions.

Does the CEO have indirect ownership in SMSI?

Yes. He reported 5,592,968 shares held indirectly through the Smith Living Trust.

What do transaction codes F and D indicate on this Form 4?

Code F indicates shares withheld for tax payment upon vesting. Code D at $0 for 12,901 shares reflects restricted stock forfeiture per grant terms.

What is the ticker and issuer on this Form 4?

The issuer is Smith Micro Software, Inc. with ticker SMSI.

What roles does the reporting person hold at SMSI?

He is listed as Director, President and CEO, and a 10% Owner.

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

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Accepted by SEC EDGAR 11/13/2025 - 06:17 PM EST 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^*

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)
11/11/2025

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
Common Stock	11/11/2025		F		1,000	D	$0.7752(1)	293,062	D
Common Stock	11/11/2025		D		12,901(2)	D	$0	280,161	D
Common Stock	11/12/2025		F		30,813	D	$0.6995(3)	249,348	D
Common Stock								5,592,968	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 withheld, at an average vesting price of $0.7752 per share, for the payment of income taxes.

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

3. Shares withheld, at an average vesting price of $0.6995 per share, for the payment of income taxes.

	/s/ Jennifer M. Reinke as attorney-in-fact for William W. Smith, Jr.	11/13/2025
	** 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.