SmartRent, Inc 8-K, filed Mar 22, 2024
SmartRent, Inc. (SMRT)
About this 8-K
SmartRent, Inc filed this 8-K on March 22, 2024, reporting on events of March 21, 2024.
Items reported
- Item 5.02: Director or officer change, or executive pay
- Item 7.01: Regulation FD disclosure
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation to the registrant under any of the following provisions:
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On March 21, 2024, the Board, upon the recommendation of the Nominating and Corporate Governance Committee, appointed Alison Dean as a Class II director. The Board also appointed Ms. Dean to serve as a member of the Board’s Audit Committee.
Ms. Dean will participate in and receive the standard compensation that is provided from time to time to the Company’s non-employee directors pursuant to the Company’s non-employee director compensation policy. In addition, Ms. Dean will enter into the Company’s standard indemnification agreement, the form of which was referenced as Exhibit 10.8 to the Company’s Annual Report on Form 10-K, filed on March 5, 2024.
There is no arrangement or understanding between Ms. Dean and any other persons pursuant to which Ms. Dean was selected as a director. There are no related person transactions within the meaning of Item 404(a) of Regulation S-K promulgated by the Securities and Exchange Commission (the “SEC”) between the Company and Ms. Dean required to be disclosed herein.
Item 7.01 Regulation FD Disclosure.
On March 22, 2024, the Company issued a press release announcing the Board changes described above. A copy of such press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.
The information set forth in this Item 7.01 and Exhibit 99.1 attached hereto is intended to be furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. |
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99.1 |
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Cover Page Interactive Data File (formatted as Inline XBRL). |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: March 22, 2024
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SMARTRENT, INC. |
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/s/ Lucas Haldeman |
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Lucas Haldeman |
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Chief Executive Officer |
Exhibit 99.1
SmartRent Names Alison Dean to Board of Directors
Technology and financial veteran lends expertise to leading smart home provider
SCOTTSDALE, Ariz. – March 22, 2024 – SmartRent, Inc. (NYSE: SMRT), the leading provider of smart communities and smart operations solutions for the rental housing industry, today announced the addition of Alison Dean, a renowned corporate technology and finance expert, and former iRobot CFO (NASDAQ: IRBT), to its Board of Directors and Audit Committee. SmartRent retained Korn Ferry, a notable executive recruiting firm, to conduct the search to fill the company’s open board seat.
Dean has over three decades of experience in high tech overseeing corporate finance and financial planning, as well as information technology, supply chain operations, acquisitions and investor relations. During her 15 years at iRobot, seven of which she spent as CFO, Dean helped to grow revenue from $142 million to $1.4 billion. She also served as corporate controller at 3Com Corporation and held various financial roles at other tech companies. Dean currently sits on the board of directors for several well-known organizations spanning industries, including Yeti (NYSE: YETI) and Everbridge (NASDAQ: EVBG).
“We’re honored to welcome Alison to the SmartRent Board of Directors and Audit Committee,” said SmartRent CEO Lucas Haldeman. “Her experience, guidance and leadership will be invaluable to SmartRent’s continued effort to expand our industry reach and deliver smart home solutions, energy efficiencies, streamlined operations and cost savings to customers. Her technology acumen, expertise and leadership will play a pivotal role in shaping our future direction, and we eagerly anticipate the positive impact she will have as a board member.”
Dean has a bachelor’s degree in business economics from Brown University and a Master of Business Administration from Boston University.
SmartRent powers over 3,800 connected communities nationwide, with 720,000 smart homes and businesses and two million connected devices deployed. To learn more about SmartRent, visit smartrent.com.
About SmartRent
Founded in 2017, SmartRent, Inc. (NYSE: SMRT) is a leading provider of smart home and smart property solutions for the multifamily industry. The company’s unmatched platform, comprised of smart hardware and cloud-based SaaS solutions, gives operators seamless visibility and control over real estate assets, empowering them to simplify operations, automate workflows, benefit from additional revenue opportunities and deliver exceptional site team and resident experiences. SmartRent serves 15 of the top 20 multifamily owners and operators, and its solutions enable millions of users to live smarter every day. For more information, please visit smartrent.com.
Media Contact
Amanda Chavez - Senior Director, Corporate Communications
media@smartrent.com