Smartsheet INC

Market Movers (8-K)

Smartsheet has been acquired by Blackstone and Vista Equity Partners in a deal valued at approximately $8.4 billion, taking the company private.
Smartsheet shareholders have approved the merger with Einstein Parent, Inc., moving the company closer to becoming a wholly-owned subsidiary.
Smartsheet reported a 17% year-over-year revenue increase in Q3 2025 and has entered into a definitive agreement to be acquired by Blackstone and Vista Equity Partners.
Better than expected
Smartsheet's merger with Einstein Parent, Inc. progresses as the go-shop period concludes without alternative proposals and the HSR Act waiting period expires.
Smartsheet has agreed to be acquired by Blackstone and Vista Equity Partners for $56.50 per share in cash, valuing the company at approximately $8.4 billion.
Better than expected
Smartsheet Inc.'s Chief Operating Officer, Stephen Branstetter, has resigned, effective September 18, 2024, and the position will be eliminated as part of a company transformation.

Quarterly Earnings (10-Q)

Smartsheet Inc. announced its Q3 2025 financial results, showing a slight profit, while also navigating a pending merger with Einstein Parent, Inc.
Better than expected
Smartsheet Inc. reports a profitable second quarter for fiscal year 2025, with increased subscription revenue and a focus on managing operating expenses.
Better than expected
Smartsheet Inc. saw a 21% increase in subscription revenue year-over-year, contributing to a reduced net loss in the first quarter of fiscal year 2025.
Better than expected

Annual Reports (10-K)

Smartsheet Inc.'s 10-K filing for fiscal year 2024 details the company's performance, growth strategies, and risk factors, showcasing its position in the collaborative work management software market.
Capital raise
Worse than expected

Insider Trading (Form 4)

Director James N. White disposed of Smartsheet shares and RSUs as part of the company's merger with Einstein Parent, Inc., receiving $56.50 per share.
Director Katie Rooney reports the cancellation and conversion of restricted stock units (RSUs) into cash following a merger agreement.
Director Rowan Trollope disposed of Smartsheet shares and restricted stock units (RSUs) as part of the company's merger with Einstein Parent, Inc.
Director Michael Gregoire disposed of Smartsheet shares and restricted stock units (RSUs) as a result of the company's merger with Einstein Parent, Inc.
Director Matthew McIlwain disposed of Smartsheet shares and restricted stock units (RSUs) as part of the company's merger with Einstein Parent, Inc.
Magdalena Yesil, a director at Smartsheet Inc., disposed of her shares, options, and restricted stock units following the company's merger with Einstein Parent, Inc.

Proxy Statements (Def-14A)

Smartsheet is facing multiple lawsuits from shareholders alleging the company's proxy statement regarding its merger with Einstein Parent, Inc. is materially incomplete and misleading.
Delay expected
Worse than expected