Welborn Wesley Miller 4

What Happened Welborn Wesley Miller, Chairman of the Board of SmartFinancial Inc. (SMBK), was granted 3,542 restricted shares on March 10, 2026. The Form 4 reports the acquisition as an award (transaction code A) at $0.00 per share (total reported cash value $0). The Compensation Committee approved the grant and the shares vest on March 10, 2030.

Key Details

• Transaction date and price: 2026-03-10 — 3,542 shares at $0.00 per share (award).
• Shares owned after transaction: Not disclosed in this filing.
• Footnote: F1 — grants approved by the Compensation Committee; vest on March 10, 2030.
• Filing timeliness: Reported on Form 4 filed 2026-03-11 for a 2026-03-10 grant (appears timely).

Context This was a restricted stock grant (compensation/retention award), not an open-market purchase or sale. Such awards vest over time (here, four years) and are not an immediate cash transaction; they become economically meaningful as they vest and/or if sold later. The grant itself does not directly indicate insider buying or selling sentiment, but it does increase the insider’s potential future stake if vesting conditions are met.