Smith & Wesson director gets stock, covers taxes
SMITH & WESSON BRANDS, INC. director and officer Mark Peter Smith reported equity compensation changes and related tax withholding in Common Stock.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
SMITH & WESSON BRANDS, INC. director and officer Mark Peter Smith reported equity compensation changes and related tax withholding in Common Stock. On May 1, 2026, he received 90,956 shares of Common Stock as a grant and 181,912 performance rights, each tied to one share, vesting over a three‑year stock‑price performance period.
To cover tax obligations from vesting restricted stock units, the issuer withheld 23,473 shares on May 1, 2026 at $15.57 per share and 4,481 shares on May 2, 2026 at $14.97 per share. After these transactions, Smith directly held 576,386 shares of Common Stock. The F‑code dispositions are share withholdings for taxes, not open‑market sales.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Smith Mark Peter
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 4,481 | $14.97 | $67K |
| Grant/Award | Performance Rights | 181,912 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 90,956 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 23,473 | $15.57 | $365K |
Holdings After Transaction:
Performance Rights — 181,912 contracts (Direct);
Common Stock — 576,386 shares (Direct)
Footnotes (4)
- F1. 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.
- F2. Includes 342 shares acquired under the Issuer's Employee Stock Purchase Plan on September 30, 2025 and 1,607 shares acquired under the Issuer's Employee Stock Purchase Plan on March 31, 2026.
- F3. Represents shares of common stock withheld by the Issuer to satisfy certain tax withholding obligations associated with the vesting of restricted stock units.
- F4. 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
RSU share grant: 90,956 shares
Performance rights granted: 181,912 rights
Tax withholding shares: 27,954 shares
+4 more
7 metrics
RSU share grant
90,956 shares
Common Stock grant to Mark Peter Smith on May 1, 2026
Performance rights granted
181,912 rights
Each performance right tied to one Common share; max deliverable, expires May 1, 2029
Tax withholding shares
27,954 shares
Common Stock withheld to satisfy tax obligations on RSU vesting
Tax withholding at $15.57
23,473 shares at $15.57/share
F-code tax-withholding disposition on May 1, 2026
Tax withholding at $14.97
4,481 shares at $14.97/share
F-code tax-withholding disposition on May 2, 2026
Shares held after transactions
576,386 shares
Direct Common Stock holdings following May 2, 2026 transaction
RSU vesting schedule
1/4 per year over 4 years
Restricted stock units vest annually on first four anniversaries of grant
Key Terms
restricted stock units, Employee Stock Purchase Plan, tax withholding obligations, performance rights, +1 more
5 terms
restricted stock units financial
"1/4th of the RSUs shall vest on each of the first, second, third"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Employee Stock Purchase Plan financial
"Includes 342 shares acquired under the Issuer's Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
tax withholding obligations financial
"withheld by the Issuer to satisfy certain tax withholding obligations"
performance rights financial
"Each performance right represents a contingent right to recieve one share"
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"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Mark Peter Smith report for SMITH & WESSON (SWBI)?
Mark Peter Smith reported equity grants and tax-related share withholdings. He received 90,956 shares of Common Stock and 181,912 performance rights, while 27,954 shares of Common Stock were withheld by the issuer to satisfy tax obligations tied to restricted stock unit vesting.
What stock awards did Mark Peter Smith receive from SMITH & WESSON (SWBI) on May 1, 2026?
On May 1, 2026, Mark Peter Smith received 90,956 shares of SMITH & WESSON Common Stock as a grant and 181,912 performance rights. Each performance right can deliver one share if specified stock-price performance targets are achieved over a three-year vesting period ending May 1, 2029.
Are the Form 4 code F transactions for SMITH & WESSON (SWBI) open-market sales?
No. The F-code transactions represent shares withheld by SMITH & WESSON to satisfy tax withholding obligations on vested restricted stock units. They are described as payment of tax liability by delivering securities, not discretionary open-market sales initiated by Mark Peter Smith.
How do the SMITH & WESSON (SWBI) restricted stock units granted to Mark Peter Smith vest?
One-quarter of the restricted stock units vests on each of the first four anniversaries of the grant date. On each vesting date, SMITH & WESSON delivers shares net of any shares withheld to cover tax obligations, as described in the Form 4 footnotes.
What are the terms of the SMITH & WESSON (SWBI) performance rights granted to Mark Peter Smith?
Each performance right represents a contingent right to receive one share of Common Stock. The rights vest based on achieving specified stock price performance targets over a three-year period, and 181,912 shares is the maximum number that may be delivered under this award.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Accepted by SEC EDGAR
Learn about SEC filing dates