---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-008997"
form_type: "8-K"
ticker: "SMRT"
cik: "0001837014"
company_name: "SmartRent, Inc."
filed_at: "2025-01-27T23:59:59+00:00"
generated_at: "2026-05-27T09:23:55.350038+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# SmartRent names Shane Paladin President and CEO effective Feb 24, 2025

## Summary
- Paladin replaces interim CEO Daryl Stemm, who remains CFO; Stemm served as interim principal executive officer since July 2024.
- Paladin previously CEO of Siteimprove (PE-backed SaaS) and held senior roles at SAP including President of Services leading 19,000-person team.
- Compensation: $650K base salary, target bonus 100% (max 200%), up to $650K sign-on bonus, $2.7M RSUs, $3.5M performance PSUs linked to share price.
- Amended employment agreements for three executives (DeRose-Wilson, Stemm, Young) to add severance benefits outside and within a change-in-control period.
- Adopted 2025 Inducement Equity Incentive Plan reserving 6.5M shares for grants to new employees as material inducement to employment.

## SEC filing metadata
- accession: 0000950170-25-008997
- form_type: 8-K
- ticker: SMRT
- cik: 0001837014
- company_name: SmartRent, Inc.
- filed_at: 2025-01-27T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1837014/000095017025008997/0000950170-25-008997-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1837014/000095017025008997/smrt-20250122.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-008997
- JSON: https://secwatch.observer/filing/0000950170-25-008997.json
- Plain text: https://secwatch.observer/filing/0000950170-25-008997.txt

## Key facts
- Executive change
  Daryl Stemm changed role as Chief Financial Officer at SmartRent, Inc..
  - Action: stepped down as interim principal executive officer
  - Role: Chief Financial Officer
  source text: Mr. Paladin will replace Daryl Stemm who had been serving as Interim Principal Executive Officer since July 29, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1837014/000095017025008997/0000950170-25-008997-index.htm
- Executive change
  Michael Shane Paladin was appointed as President and Chief Executive Officer at SmartRent, Inc..
  - Action: appointed
  - Role: President and Chief Executive Officer
  source text: On January 27, 2025, SmartRent, Inc. (the “Company”) announced the appointment of Michael Shane Paladin as President and Chief Executive Officer and member of the Board of Directors (the “Board”) of the Company as a Class I director to serve until the Company’s 2025 annual meeting of stockholders, effective as of the date Mr. Paladin’s employment commences with the Company, which is expected to be February 24, 2025 (the “Start Date”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1837014/000095017025008997/0000950170-25-008997-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.