SmartRent (NYSE: SMRT) CIO discloses two RSU grants on Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
SmartRent, Inc. Chief Information Officer Ponathil Sangeeth reported initial equity holdings consisting of two grants of Restricted Stock Units (RSUs) tied to Class A Common Stock. Footnotes state he was granted 232,558 RSUs and 58,139 RSUs on January 27, 2026, each vesting in four equal annual installments starting January 27, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Ponathil Sangeeth
Role
Chief Information Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 232,558 shares (Direct)
Footnotes (1)
- The Reporting person was granted 232,558 Restricted Stock Units ("RSUs") on January 27, 2026. One-quarter of the RSUs vest on January 27, 2027 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 58,139 RSUs on January 27, 2026. One-quarter of the RSUs vest on January 27, 2027 and each one-year anniversary thereafter.
FAQ
What does SmartRent (SMRT) disclose in Ponathil Sangeeth’s Form 3?
The Form 3 shows Chief Information Officer Ponathil Sangeeth’s initial holdings in Restricted Stock Units. It details two RSU grants linked to Class A Common Stock, including grant dates, amounts, and four-year vesting schedules starting in January 2027.
How many RSUs were granted to SmartRent (SMRT) CIO Ponathil Sangeeth?
Ponathil Sangeeth was granted 232,558 RSUs and 58,139 RSUs on January 27, 2026. Each award represents a contingent right to receive an equal number of SmartRent Class A Common Stock shares as the RSUs vest over time.
What is the vesting schedule for SmartRent (SMRT) CIO RSU grants?
Each RSU grant to SmartRent’s CIO vests over four years. One quarter of each award vests on January 27, 2027, and the remaining RSUs vest in equal annual installments on each one-year anniversary of that date.
What do the RSUs in SmartRent (SMRT) Form 3 represent?
Each Restricted Stock Unit represents a contingent right to receive one share of SmartRent’s Class A Common Stock. The shares are only delivered as the RSUs vest according to the specified four-year schedule beginning January 27, 2027.
Is Ponathil Sangeeth’s Form 3 for SmartRent (SMRT) a buy or sell transaction?
The Form 3 is not a buy or sell report. It provides an initial statement of ownership, reflecting RSU grants awarded to SmartRent’s CIO as compensation, with no open-market purchases or sales disclosed in this filing.