Form 4: SmartRent CEO Lucas Haldeman Reports Stock Transactions

SmartRent's CEO, Lucas Merwan Haldeman, reported transactions involving Class A Common Stock and Restricted Stock Units on May 24, 2024.

Summary

• On May 24, 2024, Lucas Merwan Haldeman, the CEO of SmartRent, Inc., reported transactions involving the company's Class A Common Stock and Restricted Stock Units.
• Haldeman acquired 1,521 shares of Class A Common Stock and disposed of 637 shares to cover tax obligations at a price of $2.57 per share.
• Following these transactions, Haldeman directly owns 11,401,905 shares of Class A Common Stock.
• Additionally, Haldeman's spouse acquired 183 shares of Class A Common Stock and disposed of 77 shares for $2.57 per share, resulting in the spouse owning 19,128 shares.
• Haldeman also reported transactions involving Restricted Stock Units, acquiring 1,521 units and his spouse acquiring 183 units.
• After these transactions, Haldeman directly owns 22,820 Restricted Stock Units, and his spouse owns 19,405 Restricted Stock Units.
• The Restricted Stock Units vest over time, with one-fourth vesting on August 24, 2022, and the remaining vesting in 36 equal monthly installments.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock transactions, with no inherent positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel and their holdings in the company.

Stakeholder Impact

• The reported transactions provide transparency to shareholders regarding insider trading activity.
• The transactions may have a minor impact on the stock price due to the volume of shares involved.

Key Dates