Form 4: SmartRent's Chief Technology Officer Reports Stock Transactions

Sentiment:

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 March 18, 2024, Isaiah DeRose-Wilson acquired 1,111 shares of Class A Common Stock and disposed of 465 shares to cover tax obligations at a price of $2.7 per share.
  • Following these transactions, he directly owns 49,095 shares of Class A Common Stock.
  • On March 19, 2024, DeRose-Wilson acquired 6,106 shares of Class A Common Stock and disposed of 2,556 shares to cover tax obligations at a price of $2.7 per share.
  • Following these transactions, he directly owns 52,645 shares of Class A Common Stock.
  • He also reports owning 79,373 and 24,445 Restricted Stock Units.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing, so the sentiment is neutral. It simply reports transactions by a company insider.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders and their holdings in the company's stock.

Stakeholder Impact

  • The transactions may be of interest to shareholders as they provide insight into the actions of a key company executive.

Key Dates

DateDescription
03/18/2024Acquisition of 1,111 shares of Class A Common Stock and disposal of 465 shares.
03/19/2024Acquisition of 6,106 shares of Class A Common Stock and disposal of 2,556 shares.
03/19/2024Date of report signature.

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