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SmartRent (SMRT) CTO Bansi Pankaj reports multi-year RSU grants in Form 3

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

SmartRent, Inc. executive Bansi Pankaj, Chief Transformation Officer, filed an initial ownership report showing holdings of restricted stock units (RSUs) tied to Class A common stock. The report lists grants of 72,992 RSUs and 145,985 RSUs granted on October 6, 2025, and 232,558 RSUs granted on January 27, 2026. These RSUs vest over multi-year schedules beginning on October 6, 2026 and January 27, 2027, and each RSU represents a contingent right to receive one share of Class A common stock.

Positive

  • None.

Negative

  • None.
Insider Bansi Pankaj
Role Chief Transformation Officer
Type Security Shares Price Value
holding Restricted Stock Units -- -- --
holding Restricted Stock Units -- -- --
holding Restricted Stock Units -- -- --
Holdings After Transaction: Restricted Stock Units — 72,992 shares (Direct)
Footnotes (1)
  1. The Reporting person was granted 72,992 Restricted Stock Units ("RSUs") on October 6, 2025. One-quarter of the RSUs vest on October 6, 2026 and each one-year anniversary thereafter. Each RSU represents a contingent right to receive one share of the issuer's Class A Common Stock, par value $0.001 per share. The Reporting person was granted 145,985 RSUs on October 6, 2025. One-half of the RSUs vest on each of October 6, 2026 and October 6, 2027. The Reporting person was granted 232,558 RSUs on January 27, 2026. One-quarter of the RSUs vest on January 27, 2027 and each one-year anniversary thereafter.
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SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
Bansi Pankaj
(Last)(First)(Middle)
6811 E MAYO BLVD
SUITE 400
(Street)
PHOENIX ARIZONA 85054
(City)(State)(Zip)
UNITED STATES
(Country)		2. Date of Event Requiring Statement (Month/Day/Year)
03/10/2026		3. Issuer Name and Ticker or Trading Symbol
SmartRent, Inc. [ SMRT ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Transformation Officer
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units (1) (1)Class A Common Stock72,992(2)D
Restricted Stock Units (3) (3)Class A Common Stock145,985(2)D
Restricted Stock Units (4) (4)Class A Common Stock232,558(2)D
Explanation of Responses:
1. The Reporting person was granted 72,992 Restricted Stock Units ("RSUs") on October 6, 2025. One-quarter of the RSUs vest on October 6, 2026 and each one-year anniversary thereafter.
2. Each RSU represents a contingent right to receive one share of the issuer's Class A Common Stock, par value $0.001 per share.
3. The Reporting person was granted 145,985 RSUs on October 6, 2025. One-half of the RSUs vest on each of October 6, 2026 and October 6, 2027.
4. The Reporting person was granted 232,558 RSUs on January 27, 2026. One-quarter of the RSUs vest on January 27, 2027 and each one-year anniversary thereafter.
/s/ Pankaj Bansi03/27/2026
** Signature of Reporting PersonDate
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 5 (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 3: SEC 1473 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What does the SmartRent (SMRT) Form 3 filing by Bansi Pankaj report?

The Form 3 shows Chief Transformation Officer Bansi Pankaj’s initial ownership in SmartRent (SMRT) through restricted stock units. It lists three RSU grants tied to Class A common stock with clearly defined multi-year vesting schedules beginning in 2026 and 2027.

How many RSUs were granted to SmartRent (SMRT) executive Bansi Pankaj and on what dates?

The filing reports grants of 72,992 RSUs and 145,985 RSUs on October 6, 2025, and 232,558 RSUs on January 27, 2026. Each RSU represents a contingent right to receive one share of SmartRent’s Class A common stock, subject to vesting.

What are the vesting schedules for Bansi Pankaj’s RSUs at SmartRent (SMRT)?

For the 72,992 RSUs granted October 6, 2025, one-quarter vests on October 6, 2026 and annually thereafter. For the 145,985 RSUs, one-half vests on October 6, 2026 and October 6, 2027. The 232,558 RSUs vest quarterly from January 27, 2027 annually.

What does each restricted stock unit represent in SmartRent (SMRT)’s Form 3 for Bansi Pankaj?

Each RSU represents a contingent right to receive one share of SmartRent’s Class A common stock, par value $0.001 per share. Delivery of shares depends on meeting the vesting conditions described for each grant in the ownership report.

Does the SmartRent (SMRT) Form 3 show any stock purchases or sales by Bansi Pankaj?

The Form 3 does not show stock purchases or sales. It is an initial ownership filing that lists outstanding RSU awards and their vesting schedules, rather than reporting open-market transactions or option exercises by Chief Transformation Officer Bansi Pankaj.