Michael Shane Paladin - 18 Mar 2025 Form 4 Insider Report for SmartRent, Inc. (SMRT)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
18 Mar 2025, 16:13:06 UTC
Prior SEC filing
13 Mar 2025
Next SEC filing
14 May 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Michael Shane Paladin

Key filing fact

Michael Shane Paladin filed Form 4 for SmartRent, Inc. (SMRT) on 18 Mar 2025.

Key facts

  • This page summarizes Michael Shane Paladin's Form 4 filing for SmartRent, Inc. (SMRT).
  • 2 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 18 Mar 2025, 16:13.

Change

  • Previous filing in this sequence was filed on 13 Mar 2025.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SMRT holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
43,859
Date
18 Mar 2025
Ownership
Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

SMRT transaction Derivative

Performance Stock Units

Award

Transaction value
$0
Shares
+4,640,882
Change %
Price
$0.000000
Shares after
4,640,882
Date
18 Mar 2025
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
4,640,882
Exercise price
Footnotes
F1, F2
SMRT transaction Derivative

Restricted Stock Units

Award

Transaction value
$0
Shares
+1,790,055
Change %
Price
$0.000000
Shares after
1,790,055
Date
18 Mar 2025
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
1,790,055
Exercise price
Footnotes
F3, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

These securities are performance-based restricted stock units (PSUs). Each PSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.

Footnote F2

The maximum number of PSUs that may be earned is 4,640,882. The actual number of shares of Class A Common Stock earned, if any, will be determined based on the achievement of performance goals relating to the Issuer's share price during a five-year performance period from February 24, 2025 (the "Start Date"), subject to the Reporting Person's continued service as an employee of the Issuer, with 50% of any shares achieved vesting on the four (4) year anniversary of the Start Date, and 100% of any shares achieved but not yet paid vesting on the five (5) year anniversary of the Start Date.

Footnote F3

These securities are restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.

Footnote F4

One-third of the RSUs shall vest on February 24, 2026 and on each one-year anniversary thereafter, subject to the Reporting Person's continued service as an employee of the Issuer.

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