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 April 18, 2024, Kristen Morse Lee, General Counsel of SmartRent, Inc., reported transactions involving Class A Common Stock.
- 417 shares were acquired through the vesting of Restricted Stock Units (RSUs).
- 175 shares were disposed of to cover tax obligations at a price of $2.46 per share.
- Following these transactions, Lee directly owns 32,469 shares of Class A Common Stock and 8,750 Restricted Stock Units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.
Stakeholder Impact
- The transactions have a minimal impact on shareholders 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. |
| April 18, 2024 | Date of the reported stock transactions (RSU vesting and tax withholding). |
| April 19, 2024 | Date of signature on the Form 4 filing. |
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