SmartFinancial (SMBK) director gifts 24,849 shares via family trust

Rhea-AI Filing Summary

SMARTFINANCIAL INC. director Geoffrey Alan Wolpert reported an indirect gift of 24,849 shares of Common Stock on May 18, 2026. The shares were held by the Grantor Retained Annuity Trust of Sylvia Patricia Wolpert and transferred as a bona fide gift.

A footnote explains that, in connection with the trust’s maturity, 8,283 shares were transferred to each of the reporting person’s three independent children. After the gift, the trust holds 65,178 shares indirectly, while Wolpert also reports 100,577 shares held directly and 24,238 shares held indirectly by his spouse.

Insider Trade Summary

24,849 shares gifted

Mixed 3 txns

Insider Wolpert Geoffrey Alan

Role null

Type	Security	Shares	Price	Value
Gift	Common Stock	24,849	$0.00	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 65,178 shares (Indirect, By Grantor Retained Annuity Trust of Sylvia Patricia Wolpert); Common Stock — 100,577 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Gifted shares: 24,849 shares Trust holdings after transaction: 65,178 shares Direct holdings: 100,577 shares +2 more

5 metrics

Gifted shares 24,849 shares Bona fide gift on May 18, 2026 from Grantor Retained Annuity Trust

Trust holdings after transaction 65,178 shares Shares of Common Stock held indirectly by Grantor Retained Annuity Trust after gift

Direct holdings 100,577 shares Shares of Common Stock held directly by Geoffrey Alan Wolpert after reported transactions

Spouse-held shares 24,238 shares Shares of Common Stock held indirectly by spouse after reported transactions

Children’s allocation 8,283 shares each Number of SmartFinancial shares transferred to each of three independent children

Key Terms

bona fide gift, Grantor Retained Annuity Trust, indirect ownership, non-derivative

4 terms

bona fide gift financial

"The transaction is coded as a bona fide gift of Common Stock."

A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.

Grantor Retained Annuity Trust financial

"By Grantor Retained Annuity Trust of Sylvia Patricia Wolpert"

A grantor retained annuity trust (GRAT) is an estate-planning tool where the person who creates the trust transfers assets into it but receives fixed cash payments (an annuity) from the trust for a set number of years; whatever remains after that term passes to designated beneficiaries. It matters to investors because it can shift future appreciation of assets out of the creator’s taxable estate—like putting an asset into a timed vending machine that pays you fixed amounts while any extra value that grows inside the machine goes to heirs with reduced gift or estate tax consequences.

indirect ownership financial

"The trust holdings are reported as indirect ownership of Common Stock."

non-derivative financial

"The 24,849-share transaction is classified as a non-derivative transaction."

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Wolpert Geoffrey Alan

(Last) (First) (Middle)

5401 KINGSTON PIKE SUITE 600

(Street)

KNOXVILLE TENNESSEE 37919

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
SMARTFINANCIAL INC. [ SMBK ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/18/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock								24,238	I	By Spouse
Common Stock	05/18/2026		G		24,849(1)	D	$0	65,178	I	By Grantor Retained Annuity Trust of Sylvia Patricia Wolpert
Common Stock								100,577	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. In connection with the maturity of shares from the trust, 8,283 of the shares were transferred to each of the reporting person's three independent children.

	/s/ Glen E. Allen, Jr., Attorney-in-Fact	05/20/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did SMBK director Geoffrey Wolpert report?

Geoffrey Wolpert reported an indirect bona fide gift of 24,849 shares of SmartFinancial Common Stock. The shares were held by the Grantor Retained Annuity Trust of Sylvia Patricia Wolpert and transferred on May 18, 2026, as part of the trust’s maturity process.

How many SmartFinancial (SMBK) shares were gifted in this Form 4?

The Form 4 reports a gift of 24,849 shares of SmartFinancial Common Stock. These shares were transferred from the Grantor Retained Annuity Trust of Sylvia Patricia Wolpert, with 8,283 shares going to each of the reporting person’s three independent children upon trust maturity.

Were there any open-market buys or sells in Geoffrey Wolpert’s SMBK filing?

No open-market purchases or sales are reported in this filing. The only transaction is a bona fide gift of 24,849 SmartFinancial shares from a Grantor Retained Annuity Trust, with the transaction coded “G” and priced at $0.00 per share, indicating a non-market transfer.

What are Geoffrey Wolpert’s SmartFinancial holdings after the reported gift?

After the reported gift, Geoffrey Wolpert holds 100,577 SmartFinancial shares directly. Indirectly, he reports 65,178 shares held by the Grantor Retained Annuity Trust of Sylvia Patricia Wolpert and 24,238 shares held by his spouse, reflecting continued substantial ownership across direct and indirect accounts.

How were the gifted SMBK shares from the trust allocated?

According to the footnote, 8,283 of the trust’s shares were transferred to each of Geoffrey Wolpert’s three independent children. This totals 24,849 SmartFinancial shares, matching the reported gift amount, and occurred in connection with the maturity of the Grantor Retained Annuity Trust.

What type of ownership does the trust represent in the SMBK Form 4?

The trust holdings are reported as indirect ownership. The 24,849-share transaction involved the Grantor Retained Annuity Trust of Sylvia Patricia Wolpert, with 65,178 SmartFinancial shares remaining in the trust after the gift, separate from Geoffrey Wolpert’s directly held and spouse-held positions.