Form 4: Smith Micro Software CFO James Kempton Reports Tax-Related Share Disposal
SEC Form 4 Filing
James Kempton, CFO of Smith Micro Software, disposed of 213 shares to cover income tax obligations related to vesting shares.
Summary
- On February 19, 2025, James M. Kempton, VP, CFO, and Treasurer of Smith Micro Software, Inc. [SMSI], disposed of 213 shares of common stock.
- The transaction was executed to cover income tax obligations.
- The shares were withheld at an average price of $1.39 per share.
- Following the transaction, Kempton directly owns 68,293 shares of Smith Micro Software.
Sentiment
Score: 5
Explanation: The document reflects a neutral event (tax-related share disposal) with no inherent positive or negative implications for the company's performance.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders. This filing indicates a routine transaction related to tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/19/2025 | Date of transaction: James Kempton disposed of shares to cover income tax obligations. |
| 02/20/2025 | Date of signature by attorney-in-fact. |
Keywords
Form 4, SMSI, Smith Micro Software, James Kempton, CFO, Share Disposal, Tax Obligations, Beneficial Ownership
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