Ackermann Cathy G 4
Research Summary
AI-generated summary
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.