---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-052689"
form_type: "8-K"
ticker: "SMRT"
cik: "0001837014"
company_name: "SmartRent, Inc."
filed_at: "2025-04-10T23:59:59+00:00"
generated_at: "2026-05-23T17:25:32.026253+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# SmartRent CEO Paladin resigns; interim CEO named; Q1 revenue seen down 18-20% YoY

## Summary
- Shane Paladin stepped down as President, CEO, and Board member effective April 9, 2025.
- Chairman John Dorman appointed interim CEO; Board reinitiated search with executive search firm.
- Preliminary Q1 2025 revenue expected $40.5-$41.5M, an 18-20% decline from Q1 2024.
- Paladin will serve as advisor for up to three months; separation includes $81,250 cash and advisor fee.
- Dorman receives $54,167/month base salary, $162,500 bonus if serving through June 30, and $250K RSU grant.

## SEC filing metadata
- accession: 0000950170-25-052689
- form_type: 8-K
- ticker: SMRT
- cik: 0001837014
- company_name: SmartRent, Inc.
- filed_at: 2025-04-10T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1837014/000095017025052689/0000950170-25-052689-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1837014/000095017025052689/smrt-20250409.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-052689
- JSON: https://secwatch.observer/filing/0000950170-25-052689.json
- Plain text: https://secwatch.observer/filing/0000950170-25-052689.txt

## Key facts
- Executive change
  Michael Shane Paladin resigned as President and Chief Executive Officer at SmartRent, Inc..
  - Action: resigned
  - Role: President and Chief Executive Officer
  source text: the Company announced the departure of Michael Shane Paladin, the Company’s President and Chief Executive Officer (“CEO”) and member of the Company’s Board of Directors (the “Board”) effective April 9, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1837014/000095017025052689/0000950170-25-052689-index.htm
- Executive change
  John Dorman was appointed as interim President and interim Chief Executive Officer at SmartRent, Inc..
  - Action: appointed
  - Role: interim President and interim Chief Executive Officer
  source text: The Company has appointed John Dorman, the Company’s Chairperson of the Board (“Board Chair”), as the Company’s interim President and interim Chief Executive Officer (together, “Interim CEO”), effective as of April 9, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1837014/000095017025052689/0000950170-25-052689-index.htm

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