SMIDNasdaqConcrete Products, Except Block & BrickFiscal year ends December 31
SMITH MIDLAND CORP
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 14, 2026
$22.05−0.60 (-2.65%)
Close on Oct 19, 2026
- Market cap
- $117.02M
- P/E (TTM)
- 9.3
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
57.0%
3M of 5M shares
Institutional holders
55
6 new, 7 sold out
Net institutional buying
-0M
In Q2 2026
Insider trades, 12 months
2 buys · 1 sales
Net bought $85.89K
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Rodney I. Smith | 534,499 | 10.10% | 13G (passive) | Sep 30, 2025 |
| Thompson Davis & Co., Inc. | 1,897,280 | 35.40% | 13D (active) amendment | Oct 2, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of SMID | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Thompson Davis & Co., Inc. | 1,824,119 | 34.39% | $52.90M | −17,656 | 31.63% |
| Needham Investment Management LLC | 225,000 | 4.24% | $6.53M | – | 0.20% |
| BlackRock, Inc. | 196,437 | 3.70% | $5.70M | +35,330 | 0.00% |
| Vanguard Capital Management LLC | 137,332 | 2.59% | $3.98M | −42,981 | 0.00% |
| Geode Capital Management, LLC | 89,742 | 1.69% | $2.60M | +6,842 | 0.00% |
| Bard Associates Inc | 79,875 | 1.51% | $2.32M | −458 | 0.51% |
| RBF Capital, LLC | 74,200 | 1.40% | $2.15M | – | 0.09% |
| Rice Hall James & Associates, LLC | 53,979 | 1.02% | $1.57M | +2,633 | 0.08% |
| Dimensional Fund Advisors LP | 50,555 | 0.95% | $1.47M | +5,826 | 0.00% |
| State Street Corp | 45,713 | 0.86% | $1.33M | −520 | 0.00% |
| Heritage Investors Management Corp | 38,268 | 0.72% | $1.11K | – | 0.03% |
| Vanguard Fiduciary Trust Co | 30,044 | 0.57% | $871.28K | +2,068 | 0.00% |
| Northern Trust Corp | 25,844 | 0.49% | $749.48K | −2,230 | 0.00% |
| Morgan Stanley | 22,883 | 0.43% | $663.61K | +9,940 | 0.00% |
| Topline Capital Management, LLC | 20,012 | 0.38% | $580.35K | New | 0.15% |
| Vanguard Portfolio Management LLC | 19,373 | 0.37% | $561.82K | +2,950 | 0.00% |
| Intrust Bank NA | 12,098 | 0.23% | $350.84K | – | 0.03% |
| Bank of New York Mellon Corp | 11,222 | 0.21% | $325.44K | +475 | 0.00% |
| Waverly Advisors, LLC | 10,004 | 0.19% | $290.12K | – | 0.00% |
| Goldman Sachs Group Inc | 8,902 | 0.17% | $258.16K | +1,758 | 0.00% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 55 | 3M | 57.0% | 6 / 16 | 17 / 7 | 0M | 0M |
| Q1 2026 | 57 | 3M | 57.6% | 7 / 15 | 22 / 6 | 0M | 0M |
| Q4 2025 | 57 | 3M | 60.1% | 3 / 23 | 17 / 5 | 0M | 0M |
| Q3 2025 | 59 | 3M | 58.4% | 8 / 14 | 23 / 4 | 0M | 0M |
| Q2 2025 | 55 | 3M | 57.6% | 7 / 10 | 23 / 8 | 0M | 0M |
| Q1 2025 | 56 | 3M | 60.3% | 3 / 15 | 17 / 3 | 0M | 0M |
| Q4 2024 | 58 | 3M | 60.8% | 9 / 20 | 16 / 7 | 0M | 0M |
| Q3 2024 | 56 | 3M | 59.7% | 11 / 20 | 14 / 3 | 0M | 0M |
| Q2 2024 | 49 | 3M | 56.6% | 18 / 13 | 11 / 13 | 1M | 0M |
| Q1 2024 | 44 | 3M | 52.5% | 12 / 14 | 8 / 5 | 0M | 0M |
| Q4 2023 | 37 | 2M | 46.4% | 14 / 14 | 5 / 5 | 0M | 0M |
| Q3 2023 | 28 | 2M | 41.6% | 4 / 6 | 10 / 1 | 0M | 0M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of SMID | Value | % of fund | As of |
|---|---|---|---|---|---|
| Needham Aggressive Growth Fund | 225,000 | 4.24% | $6.53M | 0.25% | Jun 30, 2026 |
| Vanguard Total Stock Market Index Fund | 84,226 | 1.59% | $2.44M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 71,492 | 1.35% | $2.07M | 0.00% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 51,050 | 0.96% | $1.48M | 0.00% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 30,203 | 0.57% | $819.56K | 0.00% | Jul 31, 2026 |
| iShares Russell 2000 Growth ETF | 28,456 | 0.54% | $825.22K | 0.01% | Jun 30, 2026 |
| Fidelity Extended Market Index Fund | 22,618 | 0.43% | $724.91K | 0.00% | May 31, 2026 |
| Vanguard Russell 2000 Index Fund | 13,904 | 0.26% | $445.62K | 0.00% | May 31, 2026 |
| Dimensional U.S. Small Cap ETF | 13,506 | 0.25% | $366.49K | 0.00% | Jul 31, 2026 |
| U.S. Small Cap Portfolio | 13,502 | 0.25% | $366.38K | 0.00% | Jul 31, 2026 |
| Clearwater Select Equity Fund | 11,039 | 0.21% | $320.13K | 0.06% | Jun 30, 2026 |
| Auer Growth | 11,000 | 0.21% | $352.55K | 0.45% | May 31, 2026 |
| iShares Micro-Cap ETF | 9,337 | 0.18% | $270.77K | 0.02% | Jun 30, 2026 |
| Fidelity Total Market Index Fund | 8,108 | 0.15% | $259.86K | 0.00% | May 31, 2026 |
| Fidelity Series Total Market Index Fund | 6,990 | 0.13% | $224.03K | 0.00% | May 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Ashley B. Smith | Chief Executive Officer, Director | 173,042 | 3.26% | Sep 4, 2026 |
| Dominic L. Hunter | Chief Financial Officer | 408 | 0.01% | Jan 7, 2026 |
| Matthew I. Smith | Director | 12,205 | 0.23% | Sep 4, 2026 |
| James Russell Bruner | Director | 7,008 | 0.13% | Jan 5, 2026 |
| de Water Read Van | Director | 414 | 0.01% | Dec 30, 2025 |
| Richard Gerhardt | Director | 7,206 | 0.14% | Dec 23, 2025 |
| Rodney I. Smith | 10% owner | 534,499 | 10.08% | Aug 25, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Matthew I. Smith Director | Sep 2, 2026 | Buy | +2,000 | $27.15 | $54.30K | 12,205 |
| Matthew I. Smith Director | Sep 2, 2026 | Award | +2,000 | $27.15 | $54.30K | 12,205 |
| Ashley B. Smith Chief Executive Officer, Director | Sep 1, 2026 | Buy | +2,000 | $26.87 | $53.74K | 180,539 |
| Ashley B. Smith – | Sep 1, 2026 | Award | +2,000 | $26.87 | $53.74K | 180,539 |
| Dominic L. Hunter Chief Financial Officer | Jan 5, 2026 | Award | +408 | – | – | 408 |
| James Russell Bruner Director | Dec 19, 2025 | Award | +414 | – | – | 7,008 |
| de Water Read Van Director | Dec 19, 2025 | Award | +414 | – | – | 414 |
| Richard Gerhardt Director | Dec 19, 2025 | Award | +414 | – | – | 7,206 |
| Richard Gerhardt Director | Nov 24, 2025 | Sale | −666 | $33.26 | $22.15K | 5,137 |
| Rodney I. Smith 10% owner | Aug 22, 2025 | Sale | −13,656 | $41.36 | $564.81K | 534,499 |
| Rodney I. Smith 10% owner | Aug 21, 2025 | Sale | −1,290 | $40.00 | $51.60K | 548,155 |
| James Russell Bruner Director | Aug 20, 2025 | Sale | −6,000 | $39.06 | $234.36K | 6,594 |
| Rodney I. Smith 10% owner | Aug 19, 2025 | Sale | −54 | $42.76 | $2.31K | 549,445 |
| Ashley B. Smith Chief Executive Officer, Director | Dec 10, 2024 | Gift | −10,000 | – | – | 177,689 |
| Richard Gerhardt Director | Jun 14, 2024 | Sale | −1,334 | $36.50 | $48.69K | 5,797 |
| Ashley B. Smith Chief Executive Officer, Director | May 30, 2024 | Award | +15,077 | – | – | 210,703 |
| Ashley B. Smith Chief Executive Officer, Director | May 30, 2024 | Tax withholding | −5,016 | $37.12 | $186.19K | 205,687 |
| Matthew I. Smith Director | May 30, 2024 | Award | +6,485 | – | – | 12,363 |
| Matthew I. Smith Director | May 30, 2024 | Tax withholding | −2,157 | $37.12 | $80.07K | 10,206 |
| James Russell Bruner Director | Dec 14, 2023 | Award | +423 | – | – | 12,594 |
| Richard Gerhardt Director | Dec 14, 2023 | Award | +423 | – | – | 7,131 |
| Wesley A. Taylor Director | Dec 14, 2023 | Award | +423 | – | – | 28,900 |
| Rodney I. Smith 10% owner | Dec 14, 2023 | Gift | −40,000 | – | – | 549,499 |
| Wesley A. Taylor Director | Jun 8, 2023 | Sale | −3,700 | $17.57 | $65.01K | 28,477 |
| Wesley A. Taylor Director | Jun 7, 2023 | Sale | −1,300 | $17.44 | $22.67K | 32,177 |
| Wesley A. Taylor Director | Dec 8, 2022 | Tax withholding | −683 | $19.86 | $13.56K | 33,477 |
| Ashley B. Smith Chief Executive Officer, Director | Dec 8, 2022 | Tax withholding | −1,300 | $19.86 | $25.82K | 195,626 |
| Richard Gerhardt Director | Dec 8, 2022 | Tax withholding | −444 | $19.75 | $8.77K | 6,708 |
| Adam Jay Krick Chief Financial Officer | Dec 8, 2022 | Tax withholding | −1,087 | $19.86 | $21.59K | 10,536 |
| Wesley A. Taylor Director | Oct 26, 2022 | Tax withholding | −344 | $24.04 | $8.27K | 34,160 |
| Adam Jay Krick Chief Financial Officer | Oct 26, 2022 | Tax withholding | −516 | $24.04 | $12.40K | 11,623 |
| Richard Gerhardt Director | Oct 26, 2022 | Tax withholding | −306 | $24.04 | $7.36K | 7,152 |
| Wesley A. Taylor Director | Dec 10, 2021 | Tax withholding | −334 | $36.11 | $12.06K | 34,504 |
| Ashley B. Smith Chief Executive Officer, Director | Dec 10, 2021 | Tax withholding | −1,003 | $36.11 | $36.22K | 196,926 |
| Rodney I. Smith Director, 10% owner | Dec 10, 2021 | Tax withholding | −458 | $36.11 | $16.54K | 589,499 |
| Adam Jay Krick Chief Financial Officer | Dec 10, 2021 | Tax withholding | −1,097 | $36.11 | $39.61K | 12,139 |
| Richard Gerhardt Director | Dec 10, 2021 | Tax withholding | −713 | $36.66 | $26.14K | 7,458 |
| James Russell Bruner Director | Oct 26, 2021 | Award | +2,000 | – | – | 12,171 |
| Adam Jay Krick Chief Financial Officer | Oct 26, 2021 | Award | +3,000 | – | – | 13,236 |
| Wesley A. Taylor Director | Oct 26, 2021 | Award | +2,000 | – | – | 34,838 |
| Ashley B. Smith Chief Executive Officer, Director | Oct 26, 2021 | Award | +5,000 | – | – | 197,929 |
| Rodney I. Smith Director, 10% owner | Oct 26, 2021 | Award | +750 | – | – | 589,957 |
| Richard Gerhardt Director | Oct 26, 2021 | Award | +2,000 | – | – | 8,171 |
| Ashley B. Smith Chief Executive Officer, Director | Sep 8, 2021 | Buy | +1,100 | $17.75 | $19.53K | 192,929 |
| Rodney I. Smith Director, 10% owner | Aug 30, 2021 | Sale(10b5-1 plan) | −300 | $19.10 | $5.73K | 589,207 |
| Rodney I. Smith Director, 10% owner | Aug 27, 2021 | Sale(10b5-1 plan) | −7,033 | $19.10 | $134.33K | 589,507 |
| Rodney I. Smith Director, 10% owner | Aug 26, 2021 | Sale(10b5-1 plan) | −867 | $19.02 | $16.49K | 596,540 |
| Rodney I. Smith Director, 10% owner | Aug 25, 2021 | Sale(10b5-1 plan) | −103 | $19.00 | $1.96K | 597,407 |
| Rodney I. Smith Director, 10% owner | Aug 23, 2021 | Sale(10b5-1 plan) | −2,500 | $19.07 | $47.68K | 597,510 |
| Rodney I. Smith Director, 10% owner | Aug 20, 2021 | Sale(10b5-1 plan) | −800 | $19.13 | $15.30K | 600,010 |
| Rodney I. Smith Director, 10% owner | Aug 19, 2021 | Sale(10b5-1 plan) | −4,000 | $19.02 | $76.08K | 600,810 |
| Rodney I. Smith Director, 10% owner | Aug 18, 2021 | Sale(10b5-1 plan) | −27,059 | $19.02 | $514.66K | 604,810 |
| Rodney I. Smith Director, 10% owner | Aug 17, 2021 | Sale(10b5-1 plan) | −500 | $19.04 | $9.52K | 631,869 |
| Rodney I. Smith Director, 10% owner | Aug 13, 2021 | Sale(10b5-1 plan) | −200 | $19.03 | $3.81K | 632,369 |
| Rodney I. Smith Director, 10% owner | Jul 21, 2021 | Sale(10b5-1 plan) | −3,900 | $19.08 | $74.41K | 632,569 |
| Rodney I. Smith Director, 10% owner | Jul 20, 2021 | Gift | −50,000 | – | – | 636,469 |
| Wesley A. Taylor Director | Apr 9, 2021 | Award | +171 | – | – | 32,838 |
| Adam Jay Krick Chief Financial Officer | Apr 9, 2021 | Award | +691 | – | – | 10,236 |
| James Russell Bruner Director | Apr 9, 2021 | Award | +171 | – | – | 10,171 |
| Rodney I. Smith Director, 10% owner | Apr 9, 2021 | Award | +171 | – | – | 686,469 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Rodney I. Smith 10% Stockholder | Sep 2, 2025 | 15,000 | $628.35K | Aug 19, 2025 | Stock Option |
| James Russell Bruner Director | Aug 19, 2025 | 6,000 | $255.36K | Aug 19, 2025 | Open Market Purchase |
| Rodney I. Smith 10% Stockholder | Aug 19, 2025 | 15,000 | $628.35K | Aug 19, 2025 | Stock Option |
| Wesley A. Taylor Officer, Director | Jun 8, 2023 | 3,700 | $64.40K | Jun 8, 2023 | Stock Options |