---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-21-012457"
form_type: "8-K"
ticker: "SMID"
cik: "0000924719"
company_name: "SMITH MIDLAND CORP"
filed_at: "2021-11-19T23:59:59+00:00"
generated_at: "2026-06-28T06:47:59.846925+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Smith-Midland acquires ~33 acres in Virginia for $3.6M; includes related-party transaction with chairman

## Summary
- Closed purchase of two parcels (29.79 acres) from Leonard and Al-Mara Farm for $3.3M on Nov 15, 2021.
- Expects to close adjacent 3.36-acre purchase from Chairman Rodney I. Smith for $295k by Nov 24, 2021.
- Smith transaction is a related-party deal (father of CEO); supported by third-party appraisal.
- Funded with cash on hand; plans to secure financing through Summit Community Bank using properties as security.
- Land is adjacent to manufacturing plant in Fauquier County, VA, for potential expansion.

## SEC filing metadata
- accession: 0001654954-21-012457
- form_type: 8-K
- ticker: SMID
- cik: 0000924719
- company_name: SMITH MIDLAND CORP
- filed_at: 2021-11-19T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/924719/000165495421012457/0001654954-21-012457-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/924719/000165495421012457/smid_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-21-012457
- JSON: https://secwatch.observer/filing/0001654954-21-012457.json
- Plain text: https://secwatch.observer/filing/0001654954-21-012457.txt

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