4Filed Aug 3, 8:00 PM ET

SmartFinancial (SMBK) EVP Jordan Rhett D. Sells 430 Shares

$SMBK · SMARTFINANCIAL INC.

Research Summary

AI-generated summary of this SEC filing

Updated

SmartFinancial (SMBK) EVP Jordan Rhett D. Sells 430 Shares

What Happened
Jordan Rhett D., EVP & Chief Credit Officer of SmartFinancial, sold 430 shares of SMBK on August 4, 2026 at $52.75 per share, for a total transaction value of $22,683. The filing reports an open-market or private sale (transaction code S). Sales are often routine liquidity events and do not by themselves indicate a change in company outlook.

Key Details

  • Transaction date: 2026-08-04
  • Shares sold: 430 at $52.75 each; total proceeds $22,683
  • Transaction type: Sale (S) — reported as open market or private sale
  • Filing date / Accession: Filed 2026-08-04 (Accession 0001652739-26-000010) — no late filing indicated in the record
  • Shares owned after transaction: not specified in the provided filing details
  • No footnotes (e.g., 10b5-1 plan, tax withholding) were reported in the summary information

Context
Insider sales can be for many personal reasons (diversification, taxes, cash needs) and aren’t definitive signals about company performance. Retail investors often pay closer attention to insider purchases as a stronger disclosure of confidence. This single modest sale (~$22.7K) should be weighed with other insider activity and company fundamentals.