secwatch.observer — SEC 8-K summary
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Issuer:     SmartRent, Inc. (SMRT)
CIK:        0001837014
Form:       8-K
Filed at:   2024-07-31T23:59:59+00:00
Accession:  0000950170-24-088082
Event type: leadership
Sentiment:  negative
Materiality: 0.75
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

SmartRent CEO Lucas Haldeman departs; CFO Daryl Stemm named interim principal executive officer
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- CEO Lucas Haldeman departed and resigned from board effective July 29, 2024; search for new CEO initiated.
- CFO Daryl Stemm appointed Interim Principal Executive Officer; six-member Management Committee formed.
- Haldeman receives $1.17M cash (18 months base salary), COBRA coverage, and accelerated equity vesting.
- Management Committee members get additional compensation equal to six months base salary (e.g., Stemm $162.5k, DeRose-Wilson $169k, Young $163.8k).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1837014/000095017024088082/0000950170-24-088082-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1837014/000095017024088082/smrt-20240729.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-088082

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