Form 4: Director Kelli Shomaker Buys SMBK Stock

SMARTFINANCIAL Inc. Director Kelli D Shomaker purchased 255 shares of common stock at $39.38 per share, increasing her direct beneficial ownership to 1,022 shares.

Summary

• Kelli D Shomaker, a Director of SMARTFINANCIAL INC. (SMBK), acquired 255 shares of common stock.
• The transaction occurred on January 27, 2026, at a price of $39.38 per share.
• Following this purchase, Ms. Shomaker directly beneficially owns 1,022 shares of SMBK common stock.
• The transaction was made pursuant to a Rule 10b5-1(c) plan, indicating a pre-arranged purchase.

Sentiment

Score: 7

Explanation: The purchase of shares by a director, even a relatively small amount, generally indicates positive sentiment and confidence in the company's future prospects. The Rule 10b5-1 plan suggests a pre-planned, rather than opportunistic, purchase, which can temper the immediate bullish signal slightly but still reflects a long-term positive view.

Positives

• A company director, Kelli D Shomaker, increased her stake in SMARTFINANCIAL INC. by purchasing 255 shares of common stock.
• Insider buying can signal management's confidence in the company's future prospects.

Future Outlook

The filing does not contain any forward-looking statements or guidance, as it is a report of a past insider transaction.

Industry Context

Insider purchases, especially by a director, are often viewed by the market as a positive signal, indicating that those with intimate knowledge of the company believe its stock is undervalued or has strong future potential. This transaction aligns with general market observations where insider buying can precede periods of positive stock performance, though it is not a guarantee.

Stakeholder Impact

• Shareholders: May view the insider purchase as a positive signal, potentially increasing confidence in the stock.
• Management/Employees: Reinforces a sense of alignment between leadership and shareholder interests.

Key Dates

Recommendation

While insider buying is generally a positive signal, this specific transaction involves a relatively small number of shares (255) and was executed under a Rule 10b5-1 plan, suggesting it was pre-scheduled rather than a reaction to new, immediate positive news. This reduces the urgency for a 'buy' recommendation based solely on this filing. However, it reinforces a 'hold' position for existing investors, as it indicates continued confidence from a director.

Keywords

SMARTFINANCIAL INC., SMBK, Insider Trading, Form 4, Stock Purchase, Director, Kelli D Shomaker, Equity Acquisition