SMID SmithMidland Corp.

NASDAQ
$26.03

SmithMidland Corp. (SMID) Insider Activity

What the officers, directors and large holders did with their own shares. Only open-market purchases and sales count toward the totals — grants, option exercises and shares withheld for tax are compensation mechanics, not decisions, and they're listed separately below.

Insider signal Bullish Insiders bought more than they sold over this window — uncommon at any size.
Cluster activity 2 buyers in the last 30 days 2 buyers in the last 90 days 0 sellers in the last 90 days
Insiders buying
2
2 transactions
Insiders selling
1
1 transaction
Purchases
$108.0K
4,000 shares
Sales
$22.2K
666 shares
Net activity
$85.9K
purchases less sales

How much of that selling was preplanned? 0% planned / 100% discretionary

10b5-1 plan sales $0 0 transactions · 0 shares
Discretionary sales $22.2K 1 transaction · 666 shares

Largest single sale: $22.2K.

Where they traded

Buy Sell Dot area is proportional to transaction value.

Last open-market purchase: September 2, 2026 , by Smith Matthew I .

Recent open-market activity

Date Insider Role Action Shares Price Value Held after
Smith Matthew I Director Buy 2,000 $27.15 $54.3K 12,205
SMITH ASHLEY B Chief Executive Officer Buy 2,000 $26.87 $53.7K 180,539
Gerhardt Richard Director Sell 666 $33.26 $22.2K 5,137 −11.5% of holding

Form 4s are due within two business days of a transaction, so this is close to real time — unlike the quarterly 13F data on the Institutional tab. A single large sale often reflects a prearranged 10b5-1 plan rather than a fresh view, so read a pattern of sales rather than any one of them.