Cariola Natalie 4

What Happened

• Natalie Cariola, Chief Revenue Officer of SmartRent (SMRT), had 64,935 restricted stock units (RSUs) convert to common shares on January 22, 2026. Of those vested shares, 20,877 were withheld to cover tax withholding at $1.72 per share, totaling $35,908. The RSUs converted with no exercise price, leaving a net increase of 44,058 shares to her holdings.

Key Details

• Transaction date: January 22, 2026; Form filed January 22, 2026 (timely).
• Vesting/conversion: 64,935 RSUs converted to shares (transaction code M).
• Tax withholding: 20,877 shares withheld (transaction code F) at $1.72/share, $35,908 withheld.
• Net shares added to holdings: 64,935 − 20,877 = 44,058 shares (total holdings after this transaction not specified in the filing).
• Footnotes: F1 explains each RSU converts to one share; F2 notes the 259,740 RSU grant on Jan 22, 2025 with one-fourth vesting on Jan 22, 2026 and yearly thereafter.
• Nature of transaction: RSU vesting and routine tax withholding (not an open-market buy or sell).

Context

• This was an award vesting event (derivative conversion) with shares withheld for taxes — a common administrative step and not an indication of a deliberate open-market sale or purchase. Cariola still received the net vested shares. The original grant leaves three-fourths of the RSUs (194,805 shares) still subject to future vesting per the schedule.