Jordan Rhett D. 4

What Happened

• Jordan Rhett D., EVP & Chief Credit Officer of SmartFinancial, sold 400 shares of SMBK on 2026-06-12 at $45.00 per share, receiving $18,000 in total. This was a sale (transaction code S), not a purchase—sales are often routine rather than a clear bearish signal.

Key Details

• Transaction date: 2026-06-12
• Price per share: $45.00; Shares sold: 400; Total proceeds: $18,000
• Shares owned after transaction: Not disclosed in the filing
• Footnotes/plan info: No 10b5-1 plan, tax-withholding, or other special footnotes reported
• Filing timeliness: Reported on 2026-06-12 (same day), indicating a timely Form 4 filing

Context

• This filing reports a straightforward open-market sale by an executive. Sales by insiders can be for many reasons (diversification, personal liquidity, tax planning) and do not, by themselves, indicate company outlook.
• Retail investors may watch patterns of repeated sales or purchases across insiders, but a single small sale like this ($18k) is typically routine.