Schrodt Martin E 4

What Happened
Martin E. Schrodt, EVP and Chief Banking Officer of SMARTFINANCIAL, received a grant of 1,998 restricted common shares on March 10, 2026. The award was recorded at $0.00 per share (code A — award/grant/acquisition). The grants are restricted stock and are scheduled to vest on March 10, 2030, so there is no immediate cash value realized from this transaction.

Key Details

• Transaction date: March 10, 2026; Form 4 filed March 11, 2026 (timely filing).
• Transaction type/code: Award/Grant (A).
• Shares granted: 1,998 shares at $0.00 per share (total cash paid $0).
• Vesting: Grants vest on March 10, 2030 (per footnote F1).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Additional note: Filing states holdings include shares acquired via SMBK Dividend Reinvestment Plan (F2).
• No indication of a 10b5-1 plan, sale, exercise, or tax-withholding event in this transaction.

Context
Restricted stock grants are typically part of compensation and align executive incentives with long-term shareholder value; they are not immediate market purchases or sales. Because these shares vest in 2030, this award reflects future compensation rather than an immediate market bet by the insider.