Braund Bethany M 4

What Happened

• Bethany M. Braund, VP, Chief Financial Officer and Treasurer of SMITH MICRO SOFTWARE, paid her tax liability by having 1,850 shares withheld (transaction code F). The filing shows 1,850 shares disposed at $0.87 per share for a reported value of $1,607. Footnote F1 clarifies the shares were withheld at an average vesting price of $0.8685/share to cover income taxes.

Key Details

• Transaction date: 2026-05-14; Form 4 filed: 2026-05-18 (timely).
• Reported price: $0.87 per share (footnote average vest price $0.8685).
• Shares withheld/disposed: 1,850; reported cash value: ~$1,607.
• Shares owned after transaction: not specified in the provided filing.
• Footnote: F1 — shares were withheld to pay income taxes (a common, non‑market disposal).
• Filing timeliness: Filed within required reporting window (not late).

Context

• Code F transactions are tax withholding/settlement related (often following vesting or option exercise). This is a routine administrative action, not an open‑market sale, and thus generally does not signal the insider taking a market view on the company's stock.