Form 4: Desktop Metal Director Farhad Fred Ebrahimi Reports Transactions in Company Stock and Derivative Securities

Director Farhad Fred Ebrahimi reports acquisition and disposal of Desktop Metal stock and put options through various entities.

Summary

• On June 12, 2024, Farhad Fred Ebrahimi, a director of Desktop Metal, Inc., reported transactions involving the company's common stock and put options.
• Ebrahimi acquired 23,120 shares of common stock at $20 and 500 shares at $15 through Corcaigh LLC and Infinity Trusts Investment LLC, respectively.
• These shares are held indirectly.
• Ebrahimi also reported transactions involving put options, including the disposal of 14,990 and 8,130 put options with an exercise price of $20, and 500 put options with an exercise price of $15.
• Following these transactions, Ebrahimi's indirect beneficial ownership includes significant holdings through various entities such as Corcaigh LLC, Infinity Trusts Investment LLC, Shiraz Capital LLC, Crescent River LLC, Havana 2020 GRAT, Elstead 2020 GRAT, and Farhad F Ebrahimi Roth IRA.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock and derivative transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about insider activity.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Investors often monitor these filings to gauge management's sentiment about the company's prospects.

Stakeholder Impact

• The transactions may be of interest to shareholders as they provide insight into the investment activities of a company director.

Key Dates