Form 4: SmartRent's Chief Technology Officer, Isaiah DeRose-Wilson, Reports Stock Transactions
SEC Form 4 Filing
Isaiah DeRose-Wilson, Chief Technology Officer of SmartRent, Inc., reports the acquisition and disposal of Class A Common Stock and Restricted Stock Units.
Summary
- On August 18 and 19, 2024, Isaiah DeRose-Wilson, the Chief Technology Officer of SmartRent, Inc., engaged in transactions involving Class A Common Stock and Restricted Stock Units.
- These transactions included the acquisition of shares through the vesting of Restricted Stock Units and the disposal of shares to cover tax obligations.
- On August 18, 2024, 1,111 shares were acquired through the vesting of Restricted Stock Units and 465 shares were disposed of at a price of $1.59.
- On August 19, 2024, 6,106 shares were acquired through the vesting of Restricted Stock Units and 2,556 shares were disposed of at a price of $1.56.
- Following these transactions, DeRose-Wilson directly owns 74,330 shares of Class A Common Stock and 67,735 Restricted Stock Units.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they represent routine insider trading activity.
Key Dates
| Date | Description |
|---|---|
| April 19, 2022 | One-fourth of the 6,106 Restricted Stock Units vested. |
| January 18, 2023 | One-fourth of the 1,111 Restricted Stock Units vested. |
| 08/18/2024 | Transaction date: Acquisition of 1,111 Class A Common Stock via Restricted Stock Units and disposal of 465 shares at $1.59. |
| 08/19/2024 | Transaction date: Acquisition of 6,106 Class A Common Stock via Restricted Stock Units and disposal of 2,556 shares at $1.56. |
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