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 3,856 shares to cover income tax obligations.
Summary
- On April 17, 2025, James M. Kempton, VP, CFO, and Treasurer of Smith Micro Software, Inc. disposed of 3,856 shares of common stock.
- The shares were withheld for the payment of income taxes at an average price of $0.805 per share.
- Following the transaction, Kempton directly owns 218,381 shares of Smith Micro Software, Inc.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a standard transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC for insiders of publicly traded companies, providing transparency into their transactions in the company's stock.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 04/17/2025 | Date of transaction: James Kempton disposed of shares for tax obligations. |
| 04/21/2025 | Date of signature by attorney-in-fact. |
Keywords
Form 4, SMSI, Smith Micro Software, James Kempton, CFO, Share Disposal, Tax Withholding, Beneficial Ownership
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