Form 4: Desktop Metal Director Farhad Fred Ebrahimi Reports Share and Derivative Transactions

Director Farhad Fred Ebrahimi reported the acquisition of shares and put options in Desktop Metal, Inc. through various entities.

Summary

• Farhad Fred Ebrahimi, a director at Desktop Metal, Inc., reported several transactions involving the company's common stock and put options.
• On December 26, 2024, Ebrahimi acquired 1,400 shares of common stock at $15 per share through Shiraz Capital LLC.
• On December 27, 2024, Ebrahimi acquired 780 shares of common stock at $15 per share through By Havana 2020 GRAT.
• Ebrahimi also acquired put options on December 26, 2024, for 220 shares and 1,180 shares, and on December 27, 2024, for 780 shares, all with an exercise price of $15.
• These transactions were made indirectly through various entities including Shiraz Capital LLC, By Havana 2020 GRAT, Corcaigh LLC, Infinity Trusts Investment LLC, Crescent River LLC, Elstead 2020 GRAT, and Farhad F Ebrahimi Roth IRA.
• Following these transactions, Ebrahimi's indirect holdings include 1,308,558 shares through Shiraz Capital LLC, 67,430 shares through By Havana 2020 GRAT, 773,371 shares through Corcaigh LLC, 860,840 shares through Infinity Trusts Investment LLC, 3,407,305 shares through Crescent River LLC, 91,302 shares through Elstead 2020 GRAT, and 151,030 shares through Farhad F Ebrahimi Roth IRA.
• Ebrahimi also holds put options for 75,220 shares through Shiraz Capital LLC, 74,040 shares through Shiraz Capital LLC, and 29,130 shares through By Havana 2020 GRAT.

Sentiment

Score: 5

Explanation: The document is a neutral report of insider transactions, with no inherent positive or negative sentiment. It is a routine regulatory filing.

Industry Context

This filing is a routine disclosure of insider transactions, which is common for publicly traded companies. It provides transparency into the trading activities of company directors.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, as mandated by the SEC.
• The transactions reported are typical for directors who may have various investment vehicles and strategies.
• The use of entities like LLCs and GRATs for holding shares is a common practice for tax and estate planning purposes.

Stakeholder Impact

• The transactions may be of interest to shareholders as they provide insight into the trading activity of a company director.
• The filing is part of the regulatory framework designed to ensure transparency and prevent insider trading.

Key Dates

Keywords

Form 4, insider trading, beneficial ownership, Desktop Metal, Farhad Fred Ebrahimi, share acquisition, put options, derivative securities