Form 4: SmartRent Executive Kristen Morse Lee Reports Stock Transactions
SEC Form 4 Filing
Kristen Morse Lee, General Counsel of SmartRent, Inc., reports the vesting and subsequent tax withholding of restricted stock units.
Summary
- On February 18, 2025, Kristen Morse Lee, General Counsel of SmartRent, Inc., reported transactions involving Class A Common Stock.
- 416 Restricted Stock Units vested and were converted into Class A Common Stock.
- 197 shares were disposed of to cover tax obligations at a price of $1.49 per share.
- Following these transactions, Lee directly owns 54,141 shares of Class A Common Stock and 4,584 Restricted Stock Units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is common practice for publicly traded companies. It provides transparency into the trading activities of key personnel.
Stakeholder Impact
- The transactions have a minimal impact on stakeholders as they represent a small portion of the overall outstanding shares.
Key Dates
| Date | Description |
|---|---|
| January 18, 2023 | One-fourth of the Restricted Stock Units vested. |
| February 18, 2025 | Restricted Stock Units vested and shares were sold for tax obligations. |
| February 19, 2025 | Date of signature for the Form 4 filing. |
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