Ackermann Cathy G 4
4 · SMARTFINANCIAL INC. · Filed Jun 4, 2026
Research Summary
AI-generated summary of this filing
SmartFinancial (SMBK) Director Cathy Ackermann Buys 3,000 Shares
What Happened
Cathy G. Ackermann, a director of SmartFinancial Inc. (SMBK), reported an open-market purchase of 3,000 shares on 2026-06-04 at $42.12 per share, for a total cost of $126,360. The Form 4 lists the transaction code P (purchase), indicating a direct acquisition of common stock rather than an option exercise or award.
Key Details
- Transaction date: 2026-06-04
- Transaction type: Open-market purchase (Form 4 code P)
- Shares purchased: 3,000
- Price per share: $42.12
- Total value: $126,360
- Shares owned after transaction: Not specified in the provided filing
- Footnotes/plan: No 10b5-1 plan, tax withholding, or other special footnotes disclosed in the provided details
- Filing timeliness: Reported on 2026-06-04 (no late filing indicated in the provided record)
Context
Insider purchases are often watched by retail investors as a signal that an insider chose to add to their position; however, a single purchase is one data point and does not guarantee future performance. For full context, compare this filing with the director’s previous holdings and other recent insider activity for SMBK.
Insider Transaction Report
- Purchase
Common Stock
2026-06-04$42.12/sh+3,000$126,360→ 19,831 total
- 10,500(indirect: By Trust)
Common Stock
- 2,100(indirect: By Spouse)
Common Stock