4Filed May 12, 8:00 PM ET
SmartRent Director Ana Pinczuk: RSUs Converted 182,926; Awarded 131,578
$SMRT · SmartRent, Inc.Research Summary
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SmartRent Director Ana Pinczuk: RSUs Converted 182,926; Awarded 131,578
What Happened
- Ana G. Pinczuk, a director of SmartRent, reported RSU-related activity. On May 11, 2026, 182,926 restricted stock units (RSUs) vested and were reported as converted/exercised (code M). The same 182,926 shares are also reported as a disposition at $0.00. On May 12, 2026, she was granted 131,578 RSUs (code A) with a reported acquisition price of $0.00.
- No cash purchase or sale proceeds are reported for these transactions (all reported at $0.00). Footnotes identify these as RSUs (each RSU = contingent right to one share); the May 11 RSUs vested in full on that date, and the May 12 award vests in full upon the earlier of May 12, 2027 or immediately before the issuer’s next annual meeting.
Key Details
- Transaction dates/prices: May 11, 2026 — conversion/exercise of 182,926 RSUs (reported disposition also listed at $0.00); May 12, 2026 — grant of 131,578 RSUs at $0.00.
- Transaction types: M = exercise/conversion of derivative security (RSU vesting/conversion); A = grant/award of RSUs.
- Footnotes: F1–F3 confirm shares were acquired upon RSU vesting and that the May 11 RSUs vested in full; F2 defines each RSU as a contingent right to one share; F4 sets vesting schedule for the May 12 award (earlier of May 12, 2027 or the day before next annual meeting).
- Shares owned after transaction: Not specified in the excerpt provided.
- Timeliness: Form 4 was filed May 13, 2026 for a reportable event on May 11, 2026; filing appears timely (no late-filing flag shown).
Context
- These entries reflect RSU vesting/conversion and a new RSU grant, not open-market buy or sale activity. Disposition at $0.00 often appears in filings that involve transfer/withholding or conversion mechanics; the filing does not report cash proceeds.
- For retail investors: RSU vesting increases insider-held shares (subject to any withholding) and new RSU grants represent future potential share issuance if/when those awards vest. These are routine corporate compensation events and do not, by themselves, indicate intent to buy or sell additional shares.