Jordan Rhett D. 4
4 · SMARTFINANCIAL INC. · Filed Mar 11, 2026
Research Summary
AI-generated summary of this filing
SmartFinancial (SMBK) EVP & Chief Credit Officer Jordan Rhett Receives Award
What Happened Jordan Rhett D., EVP & Chief Credit Officer of SmartFinancial, was granted 3,414 restricted shares on March 10, 2026. The Form 4 reports the shares as acquired at $0.00 per share (reported acquisition value $0). This transaction is a compensation award (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date: March 10, 2026; Form 4 filed March 11, 2026 (timely).
- Transaction type/code: Grant/Award (A).
- Shares granted: 3,414; reported price: $0.00; reported acquisition value: $0.
- Vesting: The Compensation Committee approved that these restricted shares will vest on March 10, 2030 (footnote F1).
- Shares owned after transaction: Not disclosed in the filing.
- Filing timeliness: Filed promptly (no late filing indicated).
Context Restricted stock awards are a form of compensation that typically vest over time and are intended to align executive incentives with shareholder interests. This grant does not represent an immediate market purchase or sale and should be viewed as compensation rather than a direct signal of insider buying or selling.
Insider Transaction Report
- Award
Common Stock
[F1]2026-03-10+3,414→ 12,702 total
Footnotes (1)
- [F1]On March 10, 2026, the Compensation Committee approved grants of restricted stock, which will vest on March 10, 2030.