SMITH MICRO (SMSI) CEO Timothy Huffmyer Withholds 300 Shares

What Happened
Timothy C. Huffmyer, President, CEO and Director of Smith Micro Software, had 300 shares withheld on August 19, 2026 to satisfy income tax obligations related to vesting. The withholding occurred at an average price of $2.87 per share, resulting in approximately $861 withheld. This is a tax-withholding disposition (transaction code F), not an open-market sale.

Key Details

• Transaction date: 2026-08-19; filing date: 2026-08-20 (filed the next day; appears timely).
• Transaction type/code: F — shares withheld to pay income taxes (cashless/tax withholding).
• Shares withheld: 300 at $2.87 per share; total value ~ $861.
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1 confirms shares were withheld to pay income taxes at $2.87/share; F2 notes a 1-for-5 reverse stock split effective June 4, 2026 and reported holdings reflect the split.

Context
Tax-withholding dispositions are routine administrative actions when equity awards vest and the company withholds shares to satisfy tax obligations; they do not indicate a market sale or necessarily reflect the insider’s view on the stock. The filing shows no open-market purchase or sale beyond the withholding.