December 19, 2025 · Form 4 insider transaction
Gerhardt Richard bought 414 shares of SMITH MIDLAND CORP at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 4 days after the transaction.
Shares granted pursuant to the Smith-Midland Corporation 2016 Equity Incentive Plan to vest immediately upon issuance. The shares granted were in respect to Director's fees of $15,000, based on the closing price of $36.24 of the Common Stock on December 18, 2025.