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Tech — Software

SmartRent Executive Compensation (FY25)

SMRT · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
Frank Martell
Median of the other named officers
$1,078,841
6 officers, excluding the chief executive
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Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
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4 filings cited on this page
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Velarion Intel, one year, every company
225 figures on this page, cited to the filing that reported them. See the citations
This company is not required to report a chief executive pay ratio.
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive of record: Lucas Haldeman → Frank Martell

Frequently asked questions

Answers drawn from the data on this page.
Who is SmartRent's chief executive and what were they paid?
Frank Martell was paid $2,655,244 in total compensation as President and Chief Executive Officer for fiscal 2025.
Which companies are in SmartRent's peer group?
The disclosed peer group names Alarm.com Holdings, Inc., AppFolio, Inc., Arlo Technologies, Inc., Asana, Inc. and AvePoint, among others.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Lucas Haldeman
Chief Executive Officer
◇—◇—◇—◇◇
Isaiah DeRose-Wilson
Chief Technology Officer
◇—◇—◇—◇◇
Hiroshi Okamoto
Former Chief Financial Officer
◇—◇—◇—◇◇
Robyn Young
Chief Marketing Officer
◇—◇—◇——◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Lucas Haldeman
Former Chief Executive Officer
◇——◇◇—◇◇
Hiroshi Okamoto
Former Chief Financial Officer
Departed during or after this year
◇—◇—◇—◇◇
Isaiah DeRose-Wilson
Chief Technology Officer
◇——◇◇—◇◇
Robyn Young
Chief Marketing Officer
◇—◇—◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Lucas Haldeman
Former Chief Executive Officer
Departed during or after this year
◇—◇◇——◇◇
Kristen Lee
Chief Legal Officer and Corporate Secretary
◇——◇◇—◇◇
Isaiah DeRose-Wilson
Chief Technology Officer
◇——◇◇—◇◇
Daryl Stemm
Chief Financial Officer
◇——◇◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Michael Shane Paladin
former Chief Executive Officer
Departed during or after this year
◇◇◇———◇◇
Frank Martell
President and Chief Executive Officer
◇—◇—◇—◇◇
Natalie Cariola
Chief Revenue Officer
◇◇◇—◇—◇◇
Daryl Stemm
Chief Financial Officer and former Interim Principal Executive Officer
Served on an interim basis
◇◇◇—◇—◇◇
Isaiah DeRose-Wilson
former Chief Technology Officer
Departed during or after this year
◇◇◇———◇◇
John Dorman
former Interim Principal Executive Officer
Departed during or after this year
Served on an interim basis
◇◇◇———◇◇
Brian McQuaid
General Counsel and Corporate Secretary
◇—◇—◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Brian McQuaidRSU———◇——◇
Daryl StemmRSU———◇——◇
Frank MartellRSU———◇——◇
Isaiah DeRose-WilsonRSU———◇——◇
John DormanRSU———◇——◇
Michael Shane PaladinPRSU——————◇
Natalie CariolaRSU———◇——◇
Fiscal 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Frank MartellRSU◇◇——
RSU◇◇——
Natalie CariolaRSU◇◇——
RSU◇◇——
RSU◇◇——
Daryl StemmRSU◇◇——
Option◇—◇1/23/2034
Option◇—◇1/24/2033
RSU◇◇——
John DormanRSU◇◇——
RSU◇◇——
Brian McQuaidRSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
Brian McQuaid
General Counsel and Corporate Secretary · Employment agreement
Severance multiple◇
Severance base◇
Change-in-control multiple◇
Equity acceleration on change in control◇
Benefits continuation on change in control◇
Benefits continuation◇
Non-compete period◇
Non-solicit period◇
Daryl Stemm
Chief Financial Officer and former Interim Principal Executive Officer · Employment agreement
Severance multiple◇
Severance base◇
Change-in-control multiple◇
Equity acceleration on change in control◇
Benefits continuation on change in control◇
Benefits continuation◇
Excise tax treatment◇
Non-compete period◇
Non-solicit period◇
Frank Martell
President and Chief Executive Officer · Employment agreement
Severance base◇
Equity acceleration on change in control◇
Benefits continuation on change in control◇
Benefits continuation◇
Non-compete period◇
Non-solicit period◇
Isaiah DeRose-Wilson
former Chief Technology Officer · Employment agreement
Severance multiple◇
Severance base◇
Change-in-control multiple◇
Equity acceleration on change in control◇
Benefits continuation on change in control◇
Benefits continuation◇
Excise tax treatment◇
Non-compete period◇
Non-solicit period◇
John Dorman
former Interim Principal Executive Officer · Employment agreement
Severance multiple◇
Severance base◇
Change-in-control multiple◇
Equity acceleration on change in control◇
Benefits continuation on change in control◇
Benefits continuation◇
Excise tax treatment◇
Non-compete period◇
Non-solicit period◇
Michael Shane Paladin
former Chief Executive Officer · Employment agreement
Severance multiple◇
Severance base◇
Change-in-control multiple◇
Equity acceleration on change in control◇
Benefits continuation on change in control◇
Benefits continuation◇
Excise tax treatment◇
Non-compete period◇
Non-solicit period◇
Natalie Cariola
Chief Revenue Officer · Employment agreement
Severance multiple◇
Severance base◇
Change-in-control multiple◇
Equity acceleration on change in control◇
Benefits continuation on change in control◇
Benefits continuation◇
Excise tax treatment◇
Non-compete period◇
Non-solicit period◇

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
John Dorman
Board chair
◇◇————◇
Ana Pinczuk
◇◇————◇
Alison Dean
◇◇————◇
Ann Sperling
◇◇————◇
Frank Martell
◇◇————◇
Thomas Bohjalian
◇◇————◇
Frederick Tuomi
◇—————◇
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Board chair premium◇
Lead independent director premium◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance chair◇
Nominating and governance member◇
Stock ownership guideline: Non-Employee Directors – 5x base annual retainer

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Alarm.com Holdings, Inc. ALRM
  • AppFolio, Inc. APPF
  • Arlo Technologies, Inc. ARLO
  • Asana, Inc. ASAN
  • AvePoint AVPT
  • Domo, Inc. DOMO
  • Enfusion ENFN
  • Olo, Inc. OLO
  • PagerDuty, Inc. PD
  • PorchGroup, Inc. symbol not shown
  • SPS Commerce, Inc. SPSC
  • Verra Mobility Corporation VRRM
  • Weave Communications, Inc. WEAV

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Sample answer — “What is the CEO’s total compensation?”
- Frank Martell (President and Chief Executive Officer), FY2025 total compensation $2,655,244 (base salary $386,122) [exec_comp, SEC accession 0001193125-26-135794, filed 2026-04-01]

Answered within 24 hours, every figure cited to its SEC filing. This is a one-off report: no refunds.

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What this page does not include

Everything above is a fact SmartRent disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where SmartRent sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
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A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
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Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
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Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
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Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
225 figures on this page, cited to the filing that reported them.
225 cited to the filing

Documents cited

  1. 0001193125-26-135794
    2025 Non-Employee Director Compensation Table · EXECUTIVE COMPENSATION & · NON-EMPLOYEE DIRECTOR COMPENSATION · Summary Compensation Table
  2. 0001193125-26-089953
    EX-10.22 · EX-10.23 · Employment Agreement
  3. 0000950170-25-048054
  4. 0000950170-24-040672
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “SmartRent executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/SMRT (accessed 2026).
Short form: data: Velarion

The SmartRent brief, $500

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $500 for the board report; $900 for both.
4 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Tech — Software rankings

Peers SmartRent discloses

The companies named in SMRT's own disclosed peer group.

Terms on this page

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}