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SMITH MICRO SOFTWARE, INC.·4

Mar 16, 4:16 PM ET

Huffmyer Timothy C. 4

Research Summary

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SMITH MICRO (SMSI) CFO Timothy Huffmyer Withholds 1,788 Shares

What Happened
Timothy C. Huffmyer, VP/COO/CFO and Treasurer of Smith Micro Software (SMSI), had 1,788 shares withheld on March 13, 2026 to cover income tax liabilities tied to vested shares. The filing shows the shares were recorded at $0.85 per share for a total of $1,513 (footnote gives an average vesting price of $0.846/share). This transaction is recorded as code F (tax withholding/disposition), not an open-market sale.

Key Details

  • Transaction date: 2026-03-13; Filing date: 2026-03-16.
  • Shares withheld/disposed: 1,788 at $0.85 per share; total value shown $1,513.
  • Footnote: F1 — Shares withheld at an average vesting price of $0.846 per share to pay income taxes.
  • Shares owned after the transaction: not specified in the provided filing.

Context
This was a tax-withholding (net settlement) related to vested equity — a routine administrative disposition rather than an indication of the insider selling shares on the open market. Such withholdings are common when options or restricted stock units vest and do not necessarily signal the insider's view of the company.