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

Farhad Fred Ebrahimi, a director of Desktop Metal, Inc., reports multiple transactions involving common stock and put options, indicating changes in his beneficial ownership.

Summary

• On July 3, 2024, Farhad Fred Ebrahimi reported transactions involving Desktop Metal, Inc. common stock and put options.
• These transactions include the acquisition of common stock at prices of $10, $15, and $20 per share through various entities like Shiraz Capital LLC, Corcaigh LLC, and Crescent River LLC.
• Ebrahimi also reported transactions involving put options with an exercise price of $15 and $20, with expiration dates in 2025 and 2026, held through the same entities.
• The reported transactions changed the number of securities beneficially owned following the reported transactions.
• Ebrahimi's beneficial ownership is both direct and indirect through various trusts and LLCs.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Industry Context

This filing is a routine disclosure required by the SEC for insiders of publicly traded companies, providing transparency into their trading activities.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the trading activities of a company insider.
• The transactions may influence investor perception of the company's stock.

Key Dates