Huffmyer Timothy C. 4

What Happened
Timothy C. Huffmyer, President and CEO of Smith Micro Software, had 588 shares withheld to satisfy income tax withholding tied to a vesting/exercise event. The filing shows the shares were withheld at $0.87 per share for a total of $511, reported on Form 4 for the 2026-05-14 transaction date. This was a tax-withholding disposition (code F), not an open-market sale.

Key Details

• Transaction date: 2026-05-14; Form 4 filed: 2026-05-18 (timely within required window).
• Reported disposition: 588 shares withheld at $0.87 per share; total value reported $511.
• Footnote: Shares were withheld at an average vesting price of $0.8685 per share to pay income taxes.
• Shares owned after the transaction: not specified in the provided filing details.
• Transaction code: F (payment of exercise price or tax liability via withholding).

Context
This is a routine tax-withholding event commonly seen when restricted stock vests or options are exercised. It is not a sale on the open market and generally does not signal insider sentiment about the company. The amount is small relative to typical insider trades.