Form 4: Farhad Fred Ebrahimi of Desktop Metal, Inc. Reports Acquisition of Common Stock and Put Options

Farhad Fred Ebrahimi, a director and 10% owner of Desktop Metal, Inc., reported the acquisition of common stock and put options through various entities.

Summary

• On September 27, 2024, Farhad Fred Ebrahimi, a director and 10% owner of Desktop Metal, Inc., reported transactions involving the company's common stock and derivative securities.
• Ebrahimi acquired common stock at a price of $15 per share through several entities including Shiraz Capital LLC (25,780 shares), Corcaigh LLC (48,010 shares), Crescent River LLC (33,780 shares), Elstead 2020 GRAT (4,510 shares).
• Ebrahimi also acquired put options (obligation to buy) through these entities with a strike price of $15 and various expiration dates in 2025 and 2026.
• The transactions were reported on Form 4, indicating changes in beneficial ownership.
• Following these transactions, Ebrahimi's indirect beneficial ownership includes 1,254,428 shares through Shiraz Capital LLC, 773,371 shares through Corcaigh LLC, 3,309,045 shares through Crescent River LLC, 79,792 shares through Elstead 2020 GRAT, 860,440 shares through Infinity Trusts Investment LLC, 66,560 shares through Havana 2020 GRAT, and 151,030 shares through Farhad F Ebrahimi Roth IRA.
• Ebrahimi also indirectly owns put options through these entities.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock and options transactions. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider transactions and doesn't necessarily reflect broader industry trends.

Stakeholder Impact

• The reported transactions may influence investor perception of Desktop Metal, Inc.

Key Dates