Bohjalian Thomas N 4

What Happened
Thomas N. Bohjalian, a director of SmartRent, had 146,062 restricted stock units (RSUs) vest and convert into shares on May 11, 2026 (reported as exercise/conversion of a derivative). The Form 4 also reports a corresponding disposition of 146,062 shares at $0.00 (derivative). On May 12, 2026 he was granted 131,578 new RSUs (reported as an award/acquisition) that, per the footnote, will vest in full on the earlier of May 12, 2027 or immediately prior to the issuer’s next annual meeting.

Key Details

• Transaction dates: May 11, 2026 (RSU vest/conversion and corresponding disposition) and May 12, 2026 (new RSU grant).
• Reported prices/values: conversions and dispositions reported at $0.00; the RSU grant is $0.00 (compensation award).
• Footnotes: F1–F3 confirm the May 11 entries represent shares acquired upon RSU vesting; F2 defines an RSU as a contingent right to one share; F4 describes the vesting schedule for the May 12 grant.
• Shares owned after transaction: the Form 4 provided in the summary does not list total beneficial ownership after these events.
• Filing timeliness: transaction reported on Form 4 filed May 13, 2026 for a May 11 transaction — within the typical two-business-day requirement (not flagged late).

Context
RSU conversions are compensation events (not open-market purchases or sales). The May 11 conversions reflect vested RSUs becoming common shares; the May 12 entry is a new RSU award that vests next year (or sooner per the footnote). Such entries are routine insider reporting of compensation and do not by themselves indicate a buy/sell decision by the director.