Form 4: SmartRent Inc. 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 Class A Common Stock.
Summary
- On September 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 $1.76 per share.
- Following these transactions, Lee directly owns 33,677 shares of Class A Common Stock and 6,667 Restricted Stock Units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to the market regarding the trading activities of company executives.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| January 18, 2023 | One-fourth of the Restricted Stock Units vested. |
| 09/18/2024 | Date of the reported stock transactions: vesting of 417 shares and disposal of 175 shares for tax obligations. |
| 09/19/2024 | Date of signature for the Form 4 filing. |
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