Form 4: Smith Micro Software CEO William W. Smith Jr. Reports Changes in Beneficial Ownership
SEC Form 4 Filing
William W. Smith Jr., President and CEO of Smith Micro Software, reports the forfeiture of restricted stock and withholding of shares for tax payments.
Summary
- On August 12, 2024, William W. Smith Jr., the President and CEO of Smith Micro Software, forfeited 283 shares of common stock.
- On August 13, 2024, 3,125 shares of common stock were withheld at $0.85 per share for the payment of income taxes.
- Following these transactions, Smith directly owns 134,072 shares of common stock and indirectly owns 626,492 shares through the Smith Living Trust.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing routine transactions, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 08/12/2024 | Forfeiture of 283 shares of restricted stock. |
| 08/13/2024 | Withholding of 3,125 shares for income tax payment at $0.85 per share. |
| 08/14/2024 | Date of report signature. |
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