Form 4: SmartRent CFO's Routine Stock Transactions

SmartRent CFO Daryl Stemm reported the acquisition of shares from RSU vesting and a subsequent sale for tax obligations.

Summary

• Daryl Stemm, CFO of SmartRent, Inc. (SMRT), reported transactions involving Class A Common Stock.
• On October 17, 2025, 834 shares of Class A Common Stock were acquired upon the vesting of Restricted Stock Units (RSUs).
• Concurrently, 350 shares of Class A Common Stock were disposed of at a price of $1.46 per share to cover tax withholding obligations related to the RSU vesting.
• Following these transactions, Daryl Stemm beneficially owns 83,102 shares of Class A Common Stock directly.
• The Restricted Stock Units vest over time, with one-fourth vested on January 18, 2023, and the remainder vesting in 1/48 equal monthly installments.

Sentiment

Score: 5

Explanation: The transactions reported are routine insider activities related to the vesting of Restricted Stock Units and subsequent tax-related share sales, which are standard components of executive compensation and do not reflect new operational performance or strategic developments for the company.

Positives

• Daryl Stemm, CFO, acquired 834 shares of Class A Common Stock through the vesting of Restricted Stock Units, representing earned compensation.

Negatives

• The disposal of 350 shares of Class A Common Stock at $1.46 per share was solely for covering tax withholding obligations related to the RSU vesting, not an indication of a negative outlook.

Stakeholder Impact

• Minimal direct impact on shareholders as these are routine compensation-related transactions.
• No direct impact on employees, customers, suppliers, or creditors.

Key Dates

Recommendation

The filing details routine insider transactions related to the vesting of Restricted Stock Units and subsequent tax-related share sales. These are standard compensation events and do not provide new information regarding the company's operational performance or strategic direction that would warrant a change in investment recommendation.

Keywords

SmartRent, SMRT, Form 4, insider trading, stock transaction, CFO, Daryl Stemm, RSU, restricted stock units, equity