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 disposal of Class A Common Stock to cover tax obligations.
Summary
- On April 7, 2025, Kristen Morse Lee, General Counsel of SmartRent, Inc., reported transactions involving Class A Common Stock.
- 22,866 shares were acquired through the vesting of Restricted Stock Units (RSUs).
- 9,570 shares were disposed of to cover tax obligations at a price of $1.01 per share.
- Following these transactions, Lee directly owns 67,679 shares of Class A Common Stock and 45,732 Restricted Stock Units.
Sentiment
Score: 5
Explanation: This is a routine filing related to executive compensation and does not inherently indicate positive or negative sentiment. It reflects standard stock transactions.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they involve a relatively small number of shares.
- The transactions ensure the executive remains incentivized through equity ownership.
Key Dates
| Date | Description |
|---|---|
| 04/05/2024 | One-fourth of the Restricted Stock Units vested. |
| 04/07/2025 | Date of the reported transactions: vesting of RSUs and disposal of shares for tax obligations. |
| 04/08/2025 | Date of signature for the Form 4 filing. |
Keywords
SmartRent, Kristen Morse Lee, Form 4, SEC, Class A Common Stock, Restricted Stock Units, Insider Trading, Beneficial Ownership
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