Equity awards for Smith & Wesson (SWBI) VP Kyle Tengwall disclosed

Rhea-AI Filing Summary

Tengwall Kyle reported acquisition or exercise transactions in this Form 4 filing.

SMITH & WESSON BRANDS, INC. reported that Vice President of Marketing Kyle Tengwall received equity-based compensation rather than making any open-market trades. He was granted 14,618 shares of common stock at $0.00 per share, increasing his direct holdings to 155,238 common shares. According to the footnotes, one-quarter of these restricted stock units (RSUs) vest on each of the first four anniversaries of the grant date, with shares delivered net of tax withholding. Tengwall was also granted 29,234 performance rights, each representing a contingent right to receive one share of common stock, expiring on May 1, 2029. These performance rights can deliver up to 29,234 shares based on meeting stock price performance targets over a three-year period.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Tengwall Kyle

Role Vice President, Marketing

Type	Security	Shares	Price	Value
Grant/Award	Performance Rights	29,234	$0.00	--
Grant/Award	Common Stock	14,618	$0.00	--

Holdings After Transaction: Performance Rights — 29,234 shares (Direct, null); Common Stock — 155,238 shares (Direct, null)

Footnotes (1)

1. 1/4th of the RSUs shall vest on each of the first, second, third, and fourth annual anniversaries of the date of grant. Shares, net of tax withholding, will be delivered on each applicable vesting date. Each performance right represents a contingent right to recieve one share of the Issuer's common stock. The performance rights vest based on achievement of certain target performance of the Issuer's stock price over a three year period. The number represents the maximum number of shares that may be delivered pursuant to the award.

Key Figures

Common stock grant: 14,618 shares at $0.00 Shares held after grant: 155,238 shares Performance rights granted: 29,234 rights +1 more

4 metrics

Common stock grant 14,618 shares at $0.00 Awarded to VP Marketing on May 1, 2026

Shares held after grant 155,238 shares Direct common stock holdings following the transaction

Performance rights granted 29,234 rights Maximum shares deliverable based on three-year stock performance

Performance rights expiration May 1, 2029 Expiration date of performance rights award on common stock

Key Terms

restricted stock units (RSUs), performance rights, contingent right, stock price over a three year period

4 terms

restricted stock units (RSUs) financial

"1/4th of the RSUs shall vest on each of the first, second, third, and fourth annual anniversaries"

Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.

performance rights financial

"Each performance right represents a contingent right to recieve one share of the Issuer's common stock."

Performance rights are conditional awards that give employees or executives the promise of receiving company shares or cash only if the business meets specific targets or survives for a set period. They work like a bonus you only get when certain goals are hit, so they matter to investors because they can increase the number of shares outstanding (dilution), signal management’s incentives and confidence in future results, and affect per-share earnings and valuation.

contingent right financial

"Each performance right represents a contingent right to recieve one share of the Issuer's common stock."

stock price over a three year period financial

"The performance rights vest based on achievement of certain target performance of the Issuer's stock price over a three year period."

Form 4 Insider Transactions: What Each Field Means →

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^*

Tengwall Kyle

(Last) (First) (Middle)

1852 PROFFITT SPRINGS ROAD

(Street)

MARYVILLE TENNESSEE 37801

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
SMITH & WESSON BRANDS, INC. [ SWBI ]

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Vice President, Marketing

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/01/2026

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

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

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

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	05/01/2026		A		14,618(1)	A	$0	155,238	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
Performance Rights	(2)	05/01/2026		A		29,234		(2)	05/01/2029	Common Stock	29,234	$0	29,234	D

Explanation of Responses:

1. 1/4th of the RSUs shall vest on each of the first, second, third, and fourth annual anniversaries of the date of grant. Shares, net of tax withholding, will be delivered on each applicable vesting date.

2. Each performance right represents a contingent right to recieve one share of the Issuer's common stock. The performance rights vest based on achievement of certain target performance of the Issuer's stock price over a three year period. The number represents the maximum number of shares that may be delivered pursuant to the award.

	/s/ Deana L. McPherson, attorney-in-fact	05/05/2026
	** 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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* Form 4: SEC 1474 (03-26)