Whaley Keith Edward 4
Research Summary
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SMBK Director Keith Whaley Receives 808-Share Award
What Happened Keith Edward Whaley, a director of SmartFinancial, received an award of 808 shares on January 29, 2026. The Form 4 reports the acquisition as an "A" (award/grant) transaction at $0.00 per share (total reported value $0), indicating the shares were granted rather than purchased.
Key Details
- Transaction date: 2026-01-29; Form 4 filed: 2026-01-30 (appears timely).
- Transaction type/code: Award/Grant (A).
- Shares acquired: 808; price per share reported: $0.00; total reported cash value: $0.
- Shares owned after the transaction: Not specified in the filing.
- No footnotes, 10b5-1 plan, tax-withholding, or late-filing flags were disclosed.
Context Awards like this are typically part of executive/director compensation (restricted stock, RSUs, or similar) and reflect company pay practices rather than an open-market purchase or sale. Such grants provide alignment with shareholders but should be viewed differently from a director buying shares with personal funds.