Form 4: Director Geoffrey Wolpert Reports SMBK Stock Transfer

Director Geoffrey Wolpert transferred 23,721 shares of SmartFinancial Inc. common stock from a grantor trust to his spouse.

Summary

• Director Geoffrey Wolpert executed a transfer of 23,721 shares of SmartFinancial Inc. (SMBK) common stock on May 1, 2026.
• The shares were moved from a Grantor Retained Annuity Trust (GRAT) of Sylvia Patricia Wolpert to the reporting person's spouse.
• The transaction was recorded as a gift with a price of $0.
• Following the transaction, the reporting person maintains direct ownership of 100,577 shares and indirect ownership of 24,238 shares via spouse.

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 with no impact on the company's financial position.

Positives

• The transaction represents an internal estate planning transfer rather than a market sale, indicating no change in the director's long-term commitment to the company.

Negatives

• None identified.

Risks

• None identified.

Future Outlook

Not applicable as this is a routine insider ownership disclosure.

Industry Context

StockSavvy.ai notes that this filing is a standard regulatory disclosure regarding insider holdings and does not reflect operational or strategic shifts within the banking sector.

Comparison to Industry Standards

• The filing adheres to standard SEC Section 16(a) reporting requirements for corporate insiders.

Related Party Transactions

• Transfer of shares between the reporting person's spouse and a Grantor Retained Annuity Trust.

Stakeholder Impact

• No material impact on shareholders, employees, or customers.

Next Steps

• None.

Key Dates

Keywords

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