Huffmyer Timothy C. 4

What Happened
Timothy C. Huffmyer, VP/COO/CFO and Treasurer of SMITH MICRO SOFTWARE, had 27,010 shares withheld to satisfy income tax withholding related to vesting. The Form 4 reports the shares as disposed at $0.51 per share for a reported value of $13,829 (footnote states an average vesting price of $0.512 per share). This was a tax-withholding (code F) transaction — a routine non‑market sale to cover tax obligations rather than an open‑market sale or purchase.

Key Details

• Transaction date: 2026-02-27
• Reported price: $0.51 per share; footnote F1: average vesting price $0.512/share
• Shares withheld/disposed: 27,010; reported aggregate value: $13,829
• Transaction code: F (shares withheld for tax withholding)
• Shares owned after transaction: Not specified in this filing
• Filing date: 2026-03-03 — filed several business days after the transaction (appears late relative to the SEC’s 2-business-day Form 4 deadline)

Context
Withholding shares to meet tax obligations is common after equity vesting and is treated as a disposition on Form 4; it does not necessarily indicate the insider is bearish or otherwise trading on company outlook. This was a cashless/tax withholding event (not an open-market sale), so it primarily reflects routine tax treatment of vested awards.