Sharma Chetan 4

What Happened
Chetan Sharma, a director of SMITH MICRO SOFTWARE, INC. (SMSI), received a grant/award of 12,500 shares on 2026-03-09. The Form 4 reports the acquisition as a derivative award (transaction code A) with an acquisition price of $0.00, indicating the shares were issued as compensation or an award rather than bought.

Key Details

• Transaction date: 2026-03-09; Form 4 filed: 2026-03-10 (filed timely).
• Transaction type/code: Award/Grant (A) of 12,500 shares; price reported $0.00 (no cash paid).
• Shares owned after transaction: Not specified in the summary data provided; see the full Form 4 for total holdings.
• Footnotes/plan info: The filing provided here shows no 10b5‑1 plan, tax‑withholding sale, or other footnotes in the excerpt; consult the full filing for any vesting or withholding details.
• Timeliness: Filing appears timely (reported the next day).

Context
An "A"/derivative award usually reflects compensation (e.g., restricted stock or RSUs) and may be subject to vesting or other conditions—$0.00 on the Form 4 means no cash was paid at grant. Awards differ from open‑market purchases or sales and do not necessarily indicate immediate insider buying or selling intent. For full context (vesting schedule, total holdings, or any conditions), review the complete Form 4 and the company’s proxy/compensation disclosures.