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sellWeak

Richard Gerhardt sold $22k of SMID

director at SMITH MIDLAND CORP. 666 shares at an average of $33.26, traded Nov 24, 2025, filed Nov 25, 2025.

Warning score
20
Value
$22k
666 shares
Holdings after
5,137
-11% from before
From 52-week low
+28%
low $25.59, close $32.67
From 52-week high
-35%
high $50.03, as of Nov 24, 2025

Score components

  • Role
    Director
    +15
  • Trade size
    $22k at market
    0
  • Share of holdings sold
    Sold 11% of holdings
    +5
  • Cluster
    No other insider selling within 14 days
    0

What happened after comparable sells

Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.

This signal so far: 1m +1.2%, 3m +0.4%, 6m -9.1%.

Price around the trade, and since

From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.

SMIDOct 12, 2026 · close 22.39
Since filing Nov 25, 2025: -34.8%SPY +16.5% · excess -51.3%

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™

Rows in this filing

Every transaction in Form 4 0001654954-25-013423, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Nov 24, 2025SOpen-market sale
Common Stock
-666$33.26$22k5,137Nov 25, 2025

Related signals

Other insiders at SMITH MIDLAND CORP and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
40Moderate
SMIDbuy 2
SMITH MIDLAND CORP
Ashley B Smith
Chief Executive Officer
$54k
2,000 shares
+1%
20Weak
SMIDbuy
SMITH MIDLAND CORP
Ashley B Smith
Chief Executive Officer
$9,805
1,275 shares
+1%
33Weak
SMIDbuy 2
SMITH MIDLAND CORP
Matthew I Smith
director
$54k
2,000 shares
+20%
20Weak
SMIDbuy
SMITH MIDLAND CORP
Ashley B Smith
Chief Executive Officer
$9,805
1,275 shares
+1%
39Weak
SMIDsell 2
SMITH MIDLAND CORP
Rodney I Smith
owner
$565k
13,656 shares
-2%
46Moderate
SMIDsell 2
SMITH MIDLAND CORP
James Russell Bruner
director
$234k
6,000 shares
-48%
27Weak
SMIDsell 2
SMITH MIDLAND CORP
Rodney I Smith
owner
$54k
1,344 shares
-0%
27Weak
SMIDsell
SMITH MIDLAND CORP
Richard Gerhardt
director
$49k
1,334 shares
-19%

Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.

Richard Gerhardt sold $22k of SMID | InsiderTell