Form 4: SmartRent CFO Reports Routine Stock Transactions

SmartRent's Chief Financial Officer, Daryl Stemm, reported the vesting of restricted stock units and a subsequent sale of shares to cover tax obligations.

Summary

• Daryl Stemm, CFO of SmartRent, Inc. (SMRT), reported transactions involving Class A Common Stock.
• On November 18, 2025, 833 Restricted Stock Units (RSUs) vested, converting into Class A Common Stock.
• Concurrently, 349 shares of Class A Common Stock were disposed of at a price of $1.44 per share to satisfy tax withholding obligations related to the RSU vesting.
• Following these transactions, Daryl Stemm beneficially owns 83,586 shares of Class A Common Stock directly.
• The remaining unvested derivative securities (Restricted Stock Units) total 1,667.

Sentiment

Score: 5

Explanation: The filing reports a routine insider transaction involving the vesting of equity awards and a tax-related sale, which is neutral in terms of company-specific sentiment.

Positives

• The vesting of 833 Restricted Stock Units demonstrates continued equity participation and alignment of management interests with shareholders.

Negatives

• A portion of the vested shares (349 shares) was sold to cover tax liabilities, resulting in a reduction of direct beneficial ownership.

Risks

• No specific risks are disclosed in this Form 4 filing, as it primarily reports insider transactions.

Future Outlook

This Form 4 filing does not contain forward-looking statements or guidance regarding the company's future performance or strategic direction.

Industry Context

This filing represents a routine insider transaction related to equity compensation, common across publicly traded companies. It does not provide specific insights into broader industry trends or competitive positioning for SmartRent, Inc.

Stakeholder Impact

• Shareholders: The transaction is a routine part of executive compensation and has a minimal direct impact on the company's overall share structure or valuation.
• Employees: No direct impact on employees beyond the reporting person.

Next Steps

• The remaining 1,667 Restricted Stock Units will continue to vest in 1/48 equal monthly installments until fully vested, as per the original grant terms.

Key Dates

Keywords

SmartRent, SMRT, Form 4, Insider Transaction, Daryl Stemm, CFO, Restricted Stock Units, RSU Vesting, Equity Compensation