William W. Smith, Jr. Reports 36 Shares in Smith Micro Software

TL;DR

**Founder William W. Smith, Jr. owns only 36 shares of Smith Micro Software.**

AI Summary

William W. Smith, Jr. filed an amended SC 13G/A on February 8, 2024, disclosing his beneficial ownership in Smith Micro Software, Inc. As of December 31, 2023, Mr. Smith, Jr. holds sole voting power over 36 shares of the company's common stock. This filing indicates a minimal, almost negligible, ownership stake, which is important for investors to note as it suggests a very limited personal financial alignment with the company's performance from a founder/former executive.

Why It Matters

This filing shows that a key individual, William W. Smith, Jr., who was likely instrumental in the company's past, now holds a very small number of shares, which could signal a lack of significant personal investment in the company's future success.

Risk Assessment

Risk Level: low — The filing itself is routine and reports a very small, non-material ownership stake, posing minimal direct risk.

Analyst Insight

Investors should note the extremely small stake held by William W. Smith, Jr. and not interpret this filing as a significant insider move. Focus on other, more substantial insider or institutional filings for meaningful ownership insights.

Key Numbers

• 36 — Shares Beneficially Owned (Represents William W. Smith, Jr.'s sole voting power in Smith Micro Software, Inc. as of December 31, 2023.)

Key Players & Entities

• William W. Smith, Jr. (person) — Reporting Person, holds sole voting power over 36 shares
• Smith Micro Software, Inc. (company) — Issuer of the Common Stock
• 36 (dollar_amount) — Number of shares beneficially owned with sole voting power

Forward-Looking Statements

• William W. Smith, Jr.'s minimal ownership will not significantly influence future company decisions. (Smith Micro Software, Inc.) — high confidence, target: Ongoing

FAQ

Key Financial Figures

• $0.001 — ame of Issuer) Common Stock, par value $0.001 per share (Title of Class of Securitie

Filing Documents

• schedule13gawilliamsmith.htm (SC 13G/A) — 68KB
• 0001628280-24-003942.txt ( ) — 70KB

If this statement is filed pursuant to 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a

Item 3. If this statement is filed pursuant to 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a (a) Broker or dealer registered under Section 15 of the Act (b) Bank as defined in Section 3(a)(6) of the Act (c) Insurance company as defined in Section 3(a)(19) of the Act (d) Investment company registered under Section 8 of the Investment Company Act of 1940 (e) An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E) (f) An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F) (g) A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G) CUSIP No. 832154207 Schedule 13GA Page 4 of 6 (h) A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813) (i) A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (j) A non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J) (k) Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J), please specify the type of institution Not applicable

Ownership

Item 4. Ownership Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount Beneficially Owned William W. Smith, Jr. 5,377,511 1 (b) Percent of Class 7.5% 2 (c) Number of shares as to which such person has (i) Sole power to vote or to direct the vote 365,570 (ii) Shared power to vote or to direct the vote 5,011,941 1 (iii) Sole power to dispose or to direct the disposition of 365,570 (iv) Shared power to dispose or to direct the disposition of 5,011,941 1 1 Includes 5,011,941 shares held in the name of the Smith Living Trust, for which Mr. Smith and his spouse are co-trustees. 2 Based on 71,925,856 shares of common stock outstanding as of November 7, 2023 as reported by the issuer in its Quarterly Report on Form 10-Q filed on November 9, 2023.

Ownership of Five Percent or Less of a Class

Item 5. Ownership of Five Percent or Less of a Class. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following . Not applicable.

Ownership of more than Five Percent on Behalf of Another Person

Item 6. Ownership of more than Five Percent on Behalf of Another Person. As identified in Item 4 above, 5,011,941 shares are held in the name of the Smith Living Trust, for which Mr. Smith and his spouse are co-trustees. Item 7. Identification and classification of the subsidiary which acquired the security being reported on by the parent holding company or control person. Not applicable.

Identification and classification of members of the group

Item 8. Identification and classification of members of the group. Not applicable.

Notice of Dissolution of Group

Item 9. Notice of Dissolution of Group. Not applicable. CUSIP No. 832154207 Schedule 13GA Page 5 of 6

Certifications

Item 10. Certifications. Not applicable. CUSIP No. 832154207 Schedule 13GA Page 6 of 6 SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date February 7, 2024 By sWilliam W. Smith, Jr. William W. Smith, Jr.

View Full Filing

View this SC 13G/A filing on SEC EDGAR