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 July 17, 2024, Farhad Fred Ebrahimi reported a transaction involving Desktop Metal, Inc. (DM) common stock and put options.
• The transaction involved the disposition of 80 shares of common stock at a price of $10.
• Ebrahimi also reported acquiring a put option obligating him to buy 80 shares of common stock with an exercise price of $10, exercisable between April 10, 2024, and January 17, 2025.
• Following the reported transaction, Ebrahimi indirectly owns 3,007,125 shares through Crescent River LLC, 1,164,668 shares through Shiraz Capital LLC, 544,161 shares through Corcaigh LLC, 746,550 shares through Infinity Trusts Investment LLC, 66,560 shares through Havana 2020 GRAT, 72,542 shares through Elstead 2020 GRAT, and 151,030 shares through Farhad F Ebrahimi Roth IRA.
• He also indirectly owns 259,590 derivative securities through Crescent River LLC.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a transaction. It doesn't inherently convey 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.

Stakeholder Impact

• The transaction may have a minor impact on shareholders due to the small number of shares involved.

Key Dates