SZABO GREGORY J 4

What Happened

• Gregory J. Szabo, a director of Smith Micro Software, Inc. (SMSI), was granted/received 12,500 shares on March 9, 2026. The Form 4 lists the acquisition type as an award (code A) with an acquisition price of $0.00 (award).
• This was an equity award (not an open-market purchase or sale) issued under the company’s incentive plan; awards are compensation-related rather than a direct buy or sell of stock.

Key Details

• Transaction date: 2026-03-09; Form 4 filed: 2026-03-10 (appears timely).
• Transaction type/code: Award/Grant (A).
• Shares granted/acquired: 12,500; acquisition price shown: $0.00.
• Shares owned after transaction: Not specified in the provided filing details.
• Footnote: F1 — “Unrestricted stock award pursuant to the Company's Amended and Restated Omnibus Equity Incentive Plan.”
• Not a sale or market purchase; no 10b5-1 plan, tax-withholding, or cashless exercise noted in the provided information.

Context

• Unrestricted stock awards generally mean the shares are not subject to transfer or vesting restrictions noted in the footnote, but you should review the full plan/filing for any nuances.
• The Form 4 lists $0.00 as the acquisition price because this is a compensatory award; to estimate the economic value, check SMSI’s market price on or shortly after March 9, 2026.
• Awards to directors are common as part of compensation and don’t necessarily signal a buy/sell opinion by the insider.