Form 4: SmartRent CTO Isaiah DeRose-Wilson Reports Stock Transactions

SmartRent's Chief Technology Officer, Isaiah DeRose-Wilson, reported the exercise of restricted stock units and subsequent sale of shares for tax withholding.

Summary

• Isaiah DeRose-Wilson, Chief Technology Officer of SmartRent, Inc. (SMRT), reported transactions involving the company's Class A Common Stock.
• On November 18, 2025, 1,111 Restricted Stock Units (RSUs) were converted into Class A Common Stock.
• Following this acquisition, beneficial ownership of Class A Common Stock was 113,926 shares.
• Concurrently, 465 shares of Class A Common Stock were disposed of at a price of $1.44 per share to cover tax withholding obligations.
• After the disposition, direct beneficial ownership of Class A Common Stock stood at 113,461 shares.
• A total of 2,223 derivative securities (Restricted Stock Units) remain beneficially owned directly.
• The Restricted Stock Units vest with one-fourth having vested on January 18, 2023, and the remainder vesting in 1/48 equal monthly installments until fully vested.

Sentiment

Score: 5

Explanation: The filing reports routine insider transactions related to executive compensation and tax obligations, which are neutral in sentiment and do not indicate significant positive or negative developments for the company.

Positives

• The acquisition of 1,111 shares indicates the vesting and exercise of previously granted Restricted Stock Units, reflecting a component of executive compensation.
• The reporting person continues to hold a significant number of shares (113,461 Class A Common Stock) and additional Restricted Stock Units (2,223), aligning management's interests with shareholders.

Negatives

• A portion of the acquired shares (465 shares) was immediately sold to cover tax liabilities, resulting in a reduction of direct beneficial ownership.

Future Outlook

NA

Industry Context

This filing is a routine insider transaction report and does not provide information directly related to broader industry trends or competitive landscape. It reflects standard equity compensation practices within the technology sector.

Stakeholder Impact

• Shareholders: The transaction is a routine part of executive compensation and tax management, unlikely to have a material impact on the company's stock price or long-term value.
• Employees: Reflects standard equity compensation practices for executives.

Next Steps

• Remaining Restricted Stock Units will continue to vest in 1/48 equal monthly installments until fully vested.

Key Dates

Keywords

SmartRent, SMRT, Isaiah DeRose-Wilson, Chief Technology Officer, CTO, SEC Form 4, Insider Trading, Stock Transaction, Restricted Stock Units, RSU, Equity Compensation, Class A Common Stock