Form 4: SmartRent Executive Robyn Young Reports Stock Transactions

Robyn Young, Chief Marketing Officer of SmartRent, Inc., reports the vesting and subsequent disposal of shares related to restricted stock units.

Summary

• On February 7, 2025, Robyn Young, Chief Marketing Officer of SmartRent, Inc., reported transactions involving Class A Common Stock.
• Young acquired 2,099 shares of Class A Common Stock through the vesting of Restricted Stock Units (RSUs).
• Simultaneously, 990 shares were disposed of at a price of $1.43 to cover tax obligations.
• Following these transactions, Young directly owns 59,403 shares of Class A Common Stock and 31,486 Restricted Stock Units.
• The RSUs vest over time, with the initial vesting occurring on May 9, 2023, and the remaining vesting in 36 equal monthly installments.

Sentiment

Score: 5

Explanation: This is a neutral regulatory filing detailing stock transactions. It doesn't inherently indicate positive or negative sentiment about 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's a standard practice for executives to receive and vest stock options or restricted stock units as part of their compensation packages.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they represent routine insider trading activity.

Key Dates

Keywords

SmartRent, Robyn Young, Form 4, Stock Transaction, Restricted Stock Units, Class A Common Stock, Vesting, Insider Trading