SmartFinancial (SMBK) Director Cathy Ackermann Receives 808-Share Award

What Happened
Cathy G. Ackermann, a director of SmartFinancial Inc. (SMBK), was granted 808 shares on January 29, 2026. The Form 4 reports the acquisition as an award/grant (transaction code A) with an acquisition price of $0.00, so the filing shows a reported transaction value of $0.

Key Details

• Transaction date: 2026-01-29; filing date: 2026-01-30 (Accession: 0001905239-26-000002) — appears to be filed promptly the next day.
• Transaction type: Award/Grant (code A). Reported acquisition price: $0.00 per share.
• Shares acquired: 808. Reported total value on the Form 4: $0.00.
• Shares owned after transaction: Not specified in the provided excerpt of the filing.
• No footnotes, tax-withholding, 10b5-1 plan, or late-filing flag were indicated in the provided data.

Context
Stock awards to directors are common as part of compensation or board retainer programs. Such grants are not the same as open-market purchases (which can signal immediate bullish intent) and do not, by themselves, indicate the director is buying shares with personal cash. The reported $0 acquisition price reflects how the award is recorded on the Form 4; any economic value to the insider depends on plan terms (vesting, restrictions) and future share price.