Form 4: SmartRent Inc. Executive Lee Kristen Morse Reports Stock Transactions
SEC Form 4 Filing
General Counsel Lee Kristen Morse reports the vesting and disposal of Class A Common Stock and Restricted Stock Units in SmartRent, Inc.
Summary
- On April 17, 2025, Lee Kristen Morse, General Counsel of SmartRent, Inc., reported transactions involving Class A Common Stock and Restricted Stock Units.
- Morse acquired 417 shares of Class A Common Stock upon the vesting of Restricted Stock Units.
- Simultaneously, 175 shares were disposed of at a price of $0.72.
- Following these transactions, Morse directly owns 67,921 shares of Class A Common Stock and 3,750 Restricted Stock Units.
- The reported transactions were filed pursuant to Section 16(a) of the Securities Exchange Act of 1934.
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 related to insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a company insider.
- The vesting of restricted stock units is part of the executive compensation plan, impacting employee benefits.
Key Dates
| Date | Description |
|---|---|
| January 18, 2023 | One-fourth of the Restricted Stock Units vested. |
| 04/17/2025 | Date of the reported transactions: acquisition and disposal of Class A Common Stock and vesting of Restricted Stock Units. |
Keywords
SmartRent, Lee Kristen Morse, Class A Common Stock, Restricted Stock Units, Form 4, SEC, Beneficial Ownership, Insider Trading
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