Smith Midland (SMID) CEO Ashley B. Smith Buys 2,000 Shares

What Happened
Ashley B. Smith, CEO (and Director) of Smith Midland Corp (SMID), acquired 2,000 common shares in an open-market purchase on 2026-09-01 at $26.87 per share, for a total transaction value of $53,740. This filing is an amendment to correct the original report's transaction code and the reporting person's role.

Key Details

• Transaction date: 2026-09-01; price: $26.87 per share.
• Shares acquired: 2,000; total value: $53,740.
• Filing: Amended Form 4 (filed 2026-09-04) correcting column 3 to show a purchase (code "P") instead of a grant/award ("A") and correcting the reporting person to “Director and Officer.”
• Shares owned after the transaction: not specified in the provided excerpt.
• No derivatives, tax-withholding, 10b5-1 plan, or gift notation included in the amended filing excerpt.

Context
This was an open-market purchase (P), which is a direct acquisition of company stock by an insider. Purchases by executives are often watched by investors as one data point about insider confidence, but they do not by themselves prove future performance. The amendment clarifies the nature of the transaction and the insider's role; no other changes were reported.