SMITH MIDLAND (SMID) Director Matthew I. Smith Receives 2,000-Share Award

What Happened

• Matthew I. Smith, a director of SMITH MIDLAND CORP (SMID), was granted/received 2,000 shares on September 2, 2026. The reported acquisition price is $27.15 per share, for a total reported value of approximately $54,300.
• This was an award/grant (transaction code A) rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-09-02; Filing date (Form 4): 2026-09-03.
• Price per share: $27.15; Shares acquired: 2,000; Total value: ~$54,300.
• Transaction type: Award/Grant (code A) — not a sale or option exercise.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• No footnotes (e.g., 10b5-1 plan, tax withholding) were disclosed in the summary information provided.
• Filing appears timely (reported the next day); no late filing flag noted.

Context

• Awards/grants commonly represent compensation or board-related equity and do not necessarily indicate buying/selling intent by the insider. This is an acquisition of shares via grant rather than an open-market purchase.
• For retail investors, purchases or grants increase an insider's stake but should be considered alongside other filings and company fundamentals.