Huffmyer Timothy C. 4

What Happened

• Timothy C. Huffmyer, who serves as VP, COO, CFO and Treasurer of Smith Micro Software, forfeited 5,261 shares of restricted stock to the company. The reported disposition shows a $0.00 price and $0 total proceeds — this was a forfeiture/return of restricted shares, not an open-market sale.

Key Details

• Transaction date: 2026-03-04
• Price per share: $0.00; Total proceeds: $0
• Transaction type/code: Disposition to issuer (D) — restricted shares forfeited
• Filing date: 2026-03-06 (appears timely; Form 4s are typically due within two business days)
• Shares owned after transaction: not specified in the provided filing
• Footnote: F1 — "Shares of restricted stock forfeited in accordance with the terms of grant."

Context

• This was a forfeiture of restricted stock under grant terms (no cash changed hands), which is administrative/compensatory rather than an executive-generated sale or purchase signal. For retail investors, purchases by insiders tend to be more informative about sentiment; forfeitures usually reflect vesting/termination rules or grant conditions and should not be interpreted as a deliberate divestment for liquidity.