Arno Andrew 4

What Happened

• Arno Andrew, a director of Smith Micro Software, Inc. (SMSI), was granted 12,500 shares as an unrestricted stock award on 2026-03-09. The reported acquisition price is $0.00, so the filing lists the total value of the award as $0. This transaction is reported on a Form 4 filed 2026-03-10.

Key Details

• Transaction date: 2026-03-09; Form 4 filed: 2026-03-10 (timely filing).
• Transaction type/code: Award/Grant (A) — acquisition of 12,500 shares at $0.00.
• Total reported cash outlay: $0 (company-issued award).
• Shares owned after transaction: not specified in the provided filing details.
• Footnotes of note:
  • F1: The shares are an unrestricted stock award under the Company’s Amended and Restated Omnibus Equity Incentive Plan.
  • F2 & F3: The reporting person makes investment decisions for MJA Investment LLC and JBA Investment LLC, which hold shares; he disclaims beneficial ownership of those LLC-held securities per the filing.

Context

• This was an equity award from the company (not an open-market purchase or sale). Unrestricted awards generally mean the recipient can sell the shares subject to any company policies or securities law restrictions, but the filing does not indicate any immediate sale.
• The F2/F3 disclaimers suggest some shares associated with the reporting person are held through investment LLCs and are reported separately; such disclaimers are common and do not necessarily indicate personal beneficial ownership.