Form 4: SmartFinancial Inc. Director Acquires Shares and Reports Trust Holdings
SEC Form 4 Filing
Director Victor Lynn Barrett reports acquisition of SmartFinancial Inc. shares and holdings in a trust for the benefit of spouse.
Summary
- On January 16, 2025, Victor Lynn Barrett, a director of SmartFinancial Inc. (SMBK), acquired 1,026 shares of common stock at $0.
- Following the transaction, Barrett directly owns 147,916 shares of common stock.
- Barrett also indirectly owns 9,126 shares through a trust for the benefit of his spouse.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure of stock ownership changes by a company insider, which is a common occurrence in the financial industry.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder confidence due to the director's increased investment in the company.
Key Dates
| Date | Description |
|---|---|
| 01/16/2025 | Date of stock acquisition |
| 01/17/2025 | Date of signature |
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