secwatch.observer — SEC 8-K summary
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Issuer:     SMARTFINANCIAL INC. (SMBK)
CIK:        0001038773
Form:       8-K
Filed at:   2025-09-08T23:59:59+00:00
Accession:  0001558370-25-011931
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

SmartBank sells SBK Insurance to Insuragent Purchaser; retains minority stake and strategic relationship
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- SmartBank sold 100% of SBK Insurance equity to Insuragent Purchaser, LLC (Greater Sum Ventures portfolio company).
- All SBK Insurance leadership and employees remain; all locations stay open.
- SmartBank maintains strategic relationship with SBK Insurance and purchased a minority ownership interest in Insuragent Purchaser.
- No financial terms disclosed for the transaction.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1038773/000155837025011931/0001558370-25-011931-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1038773/000155837025011931/smbk-20250905x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-25-011931

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer