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

Director Farhad Fred Ebrahimi reported a series of transactions involving Desktop Metal, Inc. common stock and put options, executed on January 17, 2025.

Summary

• Farhad Fred Ebrahimi, a director at Desktop Metal, Inc., reported multiple transactions on January 17, 2025.
• These transactions involved the acquisition of common stock at various prices, ranging from $10 to $30 per share.
• The acquisitions were made through several entities including Shiraz Capital LLC, By Corcaigh LLC, By Infinity Trusts Investment LLC, By Crescent River LLC, Havana 2020 GRAT, Elstead 2020 GRAT, and Farhad F Ebrahimi Roth IRA.
• Ebrahimi also reported transactions involving put options, with exercise prices of $10, $15, $20, $25 and $30, all expiring on January 17, 2025.
• The put options were held through various entities, including Shiraz Capital LLC, By Corcaigh LLC, By Infinity Trusts Investment LLC, and By Crescent River LLC.
• The total number of shares beneficially owned by Ebrahimi after these transactions is 3,652,995 through Crescent River LLC, 91,302 through Elstead 2020 GRAT, 151,030 through Farhad F Ebrahimi Roth IRA, 96,180 through Havana 2020 GRAT, 911,660 through Infinity Trusts Investment LLC, 793,431 through By Corcaigh LLC, and 1,382,598 through Shiraz Capital LLC.
• The total number of put options beneficially owned by Ebrahimi after these transactions is 45,220 through Shiraz Capital LLC, 2,140 through Corcaigh LLC, 1,070 through Infinity Trusts Investment LLC, and 6,100 through Crescent River LLC.

Sentiment

Score: 5

Explanation: The document is a neutral report of transactions. It does not indicate positive or negative sentiment, but rather provides factual information about insider trading activity.

Industry Context

This filing is a standard SEC Form 4, which is required when company insiders, such as directors, make transactions in their company's securities. It provides transparency into the trading activities of key personnel.

Comparison to Industry Standards

• Form 4 filings are a common occurrence for publicly traded companies, and the level of detail provided in this filing is consistent with industry standards.
• The transactions reported are typical for a director who may be managing their personal investment portfolio and/or investment vehicles.

Stakeholder Impact

• The transactions reported in this filing provide transparency to shareholders regarding the trading activities of a key company director.
• The transactions may influence investor sentiment, but the impact is not explicitly stated in the document.

Key Dates

Keywords

Form 4, Beneficial Ownership, Desktop Metal, Farhad Fred Ebrahimi, Stock Transactions, Put Options, Director, Share Acquisitions