Form 4: Farhad Fred Ebrahimi Reports Changes in Beneficial Ownership of Desktop Metal, Inc. (DM)

Farhad Fred Ebrahimi, a director and 10% owner of Desktop Metal, Inc., reports changes in beneficial ownership of common stock and put options through various entities.

Summary

• On July 10, 2024, Farhad Fred Ebrahimi reported changes in beneficial ownership of Desktop Metal, Inc. common stock and put options.
• The transactions involved the acquisition of common stock at a price of $25 per share through entities including Corcaigh LLC (11,230 shares), Infinity Trusts Investment LLC (30 shares), and Crescent River LLC (2,690 shares).
• Ebrahimi also reported transactions involving put options with an exercise price of $25, also through Corcaigh LLC, Infinity Trusts Investment LLC, and Crescent River LLC.
• Following these transactions, Ebrahimi's indirect beneficial ownership includes 543,461 shares through Corcaigh LLC, 746,550 shares through Infinity Trusts Investment LLC, 2,903,205 shares through Crescent River LLC, 1,154,558 shares through Shiraz Capital LLC, 66,560 shares through Havana 2020 GRAT, 71,912 shares through Elstead 2020 GRAT, and 151,030 shares through Farhad F Ebrahimi Roth IRA.
• The reported put option holdings include those held by Corcaigh LLC (0), Infinity Trusts Investment LLC (9,830), and Crescent River LLC (2,870).

Sentiment

Score: 5

Explanation: This is a neutral filing, simply reporting changes in beneficial ownership. It doesn't inherently indicate positive or negative sentiment.

Industry Context

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

Key Dates