Form 4: Farhad Fred Ebrahimi Reports Transaction in Desktop Metal, Inc. (DM)

Farhad Fred Ebrahimi, a director and 10% owner of Desktop Metal, Inc., reports a transaction involving common stock and put options.

Summary

• On November 7, 2024, Farhad Fred Ebrahimi reported a transaction involving Desktop Metal, Inc. (DM) common stock and put options.
• The transaction involved the acquisition of 450 shares of common stock at a price of $20.
• Ebrahimi also reported holdings in put options and indirect ownership through several entities including Crescent River LLC, Shiraz Capital LLC, Corcaigh LLC, Infinity Trusts Investment LLC, Havana 2020 GRAT, Elstead 2020 GRAT and Farhad F Ebrahimi Roth IRA.
• Following the reported transaction, Ebrahimi's beneficial ownership includes 3,309,495 shares held indirectly by Crescent River LLC, 1,254,428 shares held indirectly by Shiraz Capital LLC, 773,371 shares held indirectly by Corcaigh LLC, 860,440 shares held indirectly by Infinity Trusts Investment LLC, 66,560 shares held indirectly by Havana 2020 GRAT, 79,792 shares held indirectly by Elstead 2020 GRAT and 151,030 shares held indirectly by Farhad F Ebrahimi Roth IRA.
• Ebrahimi also reported 131,290 derivative securities held indirectly by Crescent River LLC.

Sentiment

Score: 5

Explanation: This is a neutral regulatory filing. It simply reports a transaction and 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 actions of company insiders, which can be informative to investors.

Stakeholder Impact

• The transaction may be of interest to shareholders as it provides insight into the actions of a major shareholder and director.

Key Dates