Martell Frank 4/A

What Happened

Martell Frank, CEO of SmartRent, filed an amended Form 4 to correct an earlier report: the May 12, 2026 entry that had shown a grant of 131,578 Restricted Stock Units (RSUs) was erroneous. The amended filing shows a derivative "award" transaction on 2026-05-12 for 0 RSUs at $0.00 — i.e., no shares were acquired and no grant occurred.

Key Details

• Transaction type/date: Reported as an award (A) dated 2026-05-12, quantity 0 RSUs, price $0.00.
• Original/error: A Form 4 filed May 13, 2026 mistakenly reported 131,578 RSUs; footnote clarifies those RSUs were not granted.
• Amended filing: This correction was submitted via an amended Form 4 filed May 20, 2026.
• Impact on holdings: The amendment indicates no change to Frank’s holdings (no RSUs granted). The filing does not reflect any actual purchase or sale.
• Filing note: This is an amendment correcting a prior filing rather than a new insider transaction.

Context

RSUs are contingent rights to receive shares in the future; the original report overstated such an award. For retail investors, this amendment is an administrative correction and does not represent insider buying or selling activity that would signal a change in insider sentiment.