Form 4: SmartRent CFO Daryl Stemm Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


SmartRent's CFO, Daryl Stemm, reports the acquisition and disposal of Class A Common Stock and Restricted Stock Units on April 17, 2025.

Summary

  • On April 17, 2025, Daryl Stemm, CFO of SmartRent, Inc., reported transactions involving Class A Common Stock and Restricted Stock Units.
  • Stemm acquired 834 shares and 2,545 shares of Class A Common Stock through the vesting of Restricted Stock Units.
  • He also disposed of 350 and 1,066 shares of Class A Common Stock to cover tax obligations at a price of $0.72 per share.
  • Following these transactions, Stemm directly owns 80,198 shares of Class A Common Stock and 7,500 Restricted Stock Units.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions, which carries a neutral sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common practice and required by the SEC to ensure transparency and prevent insider trading.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders due to the change in beneficial ownership of the CFO.

Key Dates

DateDescription
April 19, 2022One-fourth of some Restricted Stock Units vested.
January 18, 2023One-fourth of some Restricted Stock Units vested.
April 17, 2025Date of reported transactions: acquisition and disposal of Class A Common Stock and vesting of Restricted Stock Units.

Keywords

Form 4, SmartRent, Daryl Stemm, CFO, Stock Transactions, Class A Common Stock, Restricted Stock Units, Beneficial Ownership

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