Form 4: Desktop Metal Executive Reports Stock Transactions
SEC Form 4 Filing
Jonah Myerberg, Chief Technology Officer of Desktop Metal, reports the vesting of restricted stock units and subsequent transactions.
Summary
- On March 27, 2025, Jonah Myerberg, the Chief Technology Officer of Desktop Metal, Inc., had restricted stock units vest, resulting in the acquisition of 17,242 shares of Class A Common Stock.
- Following the vesting, 6,647 shares were withheld by Desktop Metal to cover tax obligations at a price of $4.84 per share.
- After these transactions, Myerberg directly owns 247,533 shares of Class A Common Stock and indirectly owns 101,727 shares through a spouse.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, and the sentiment is neutral as it simply reports transactions.
Industry Context
Form 4 filings are a routine part of compliance for publicly traded companies, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions reported may have a minor impact on shareholders due to the change in ownership by a company executive.
Key Dates
| Date | Description |
|---|---|
| 03/27/2025 | Date of earliest transaction: vesting of restricted stock units and tax withholding. |
| 03/31/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, insider trading, stock transaction, restricted stock units, Desktop Metal, Myerberg, CTO, DM
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