Form 4: SmartRent Executive Lee Kristen Morse Reports Stock Transactions
SEC Form 4 Filing
General Counsel Lee Kristen Morse reports the vesting and subsequent disposal of Class A Common Stock and Restricted Stock Units.
Summary
- On May 18, 2025, Kristen Morse Lee, General Counsel of SmartRent, Inc., reported transactions involving Class A Common Stock and Restricted Stock Units.
- 416 shares of Class A Common Stock were acquired through the vesting of Restricted Stock Units.
- 175 shares were disposed of to cover tax obligations at a price of $0.751 per share.
- Following these transactions, Lee directly owns 68,162 shares of Class A Common Stock and 3,334 Restricted Stock Units.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions by an insider, with no inherent positive or negative implications for the company's performance.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It does not necessarily reflect the overall performance or outlook of SmartRent, but rather the individual transactions of a key executive.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they represent a small portion of the outstanding shares.
Key Dates
| Date | Description |
|---|---|
| January 18, 2023 | One-fourth of the Restricted Stock Units vested. |
| May 18, 2025 | Date of the reported transactions: vesting of Restricted Stock Units and disposal of shares for tax obligations. |
| May 19, 2025 | Date of signature for the Form 4 filing. |
Keywords
SmartRent, SMRT, Form 4, Insider Trading, Stock Transaction, Restricted Stock Units, Class A Common Stock, Lee Kristen Morse, General Counsel
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