Welborn Wesley Miller 4
Research Summary
AI-generated summary
SMARTFINANCIAL (SMBK) Chairman Welborn Miller Buys 835 Shares
What Happened
- Welborn Wesley Miller, Chairman of the Board of SMARTFINANCIAL Inc. (SMBK), made an open-market purchase of 835 shares on February 9, 2026 at $43.13 per share, for a total cost of approximately $36,014. This transaction was an outright purchase (code P).
Key Details
- Transaction date: 2026-02-09; Price per share: $43.13; Total value: ~$36,014
- Transaction type: Open-market purchase (insider code P)
- Shares owned after transaction: Not specified in the provided filing
- Footnotes/plan: No 10b5-1 plan, tax withholding, or other special footnotes were indicated in the information provided
- Filing timeliness: Report filed 2026-02-10 for a 2026-02-09 transaction (filed promptly)
Context
- This was a straightforward open-market purchase of common stock (no options exercised or awards). Purchases by insiders are often watched by investors as a potential positive signal, though filings alone do not reveal the insider’s motive.