Form 4: Director Geoffrey Wolpert Reports SMBK Stock Transfer

Director Geoffrey Wolpert disclosed a transfer of 31,118 shares of SmartFinancial, Inc. common stock between a trust and his spouse.

Summary

• Director Geoffrey Wolpert reported a gift transaction involving 31,118 shares of SmartFinancial, Inc. (SMBK) common stock.
• The shares were transferred from a Grantor Retained Annuity Trust (GRAT) to the reporting person's spouse.
• The transaction occurred on May 19, 2026, at a price of $0 per share.
• Following the transaction, the reporting person maintains direct ownership of 100,577 shares and indirect ownership of 89,416 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as it is a non-market transfer of shares for estate planning purposes.

Positives

• The transaction represents an internal estate planning transfer rather than a market sale, indicating no change in the director's overall economic interest in the company.

Negatives

• None identified.

Risks

• None identified.

Future Outlook

No forward-looking guidance or strategic outlook provided in this filing.

Industry Context

StockSavvy.ai notes that this filing is a routine disclosure of insider holdings and does not reflect operational changes or market sentiment regarding SmartFinancial, Inc.

Comparison to Industry Standards

• The filing follows standard SEC disclosure requirements for directors under Section 16(a) of the Securities Exchange Act of 1934.

Related Party Transactions

• The transaction involved a transfer of shares between the reporting person's Grantor Retained Annuity Trust and his spouse.

Stakeholder Impact

• No material impact on shareholders, employees, or creditors as the total beneficial ownership remains unchanged.

Key Dates

Keywords

SMBK, SmartFinancial, Insider Trading, Form 4, Director, Stock Transfer