Form 4: SmartRent Executive Robyn Young Reports Stock Transactions
SEC Form 4 Filing
Robyn Young, Chief Marketing Officer of SmartRent, Inc., reported the vesting and subsequent disposal of shares to cover tax obligations.
Summary
- On July 9, 2024, Robyn Young, the Chief Marketing Officer of SmartRent, Inc., reported transactions involving Class A Common Stock.
- 2,099 shares were acquired through the vesting of Restricted Stock Units (RSUs).
- 879 shares were disposed of to satisfy tax withholding obligations at a price of $2.34 per share.
- Following these transactions, Young directly owns 36,292 shares of Class A Common Stock and 46,180 Restricted Stock Units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by an executive, indicating a neutral sentiment.
Industry Context
This is a routine disclosure related to executive compensation and does not necessarily reflect a strategic shift or material event for SmartRent within the broader technology or real estate tech industry.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they involve a small number of shares relative to the total outstanding.
Key Dates
| Date | Description |
|---|---|
| May 9, 2023 | Initial vesting date for one-fourth of the Restricted Stock Units |
| 07/09/2024 | Date of the reported stock transactions (RSU vesting and share disposal for tax obligations) |
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