Form 4: SmartRent Inc. General Counsel Reports Stock Transactions
SEC Form 4 Filing
Kristen Morse Lee, General Counsel of SmartRent, Inc., reports the vesting and subsequent tax withholding of restricted stock units.
Summary
- On August 18, 2024, Kristen Morse Lee, the General Counsel of SmartRent, Inc., reported transactions involving Class A Common Stock.
- 416 shares were acquired upon the vesting of Restricted Stock Units.
- 175 shares were disposed of to cover tax obligations at a price of $1.59 per share.
- Following these transactions, Lee directly owns 33,435 shares of Class A Common Stock and 7,084 Restricted Stock Units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by a company officer, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they relate to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| January 18, 2023 | One-fourth of the Restricted Stock Units vested. |
| 08/18/2024 | Date of the reported transactions: vesting of Restricted Stock Units and disposal of shares for tax obligations. |
| 08/19/2024 | Date of signature for the Form 4 filing. |
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