Form 4: Farhad Fred Ebrahimi Reports Transactions in Desktop Metal, Inc. (DM)
SEC Form 4 Filing
Farhad Fred Ebrahimi, a director and 10% owner of Desktop Metal, Inc., reports the acquisition and disposition of common stock and put options.
Summary
- On July 18, 2024, Farhad Fred Ebrahimi reported transactions involving Desktop Metal, Inc. (DM) common stock and put options.
- Ebrahimi acquired 3,640 shares of common stock at a price of $15.
- Ebrahimi also reported the acquisition and disposition of put options with an exercise price of $15.
- Following these transactions, Ebrahimi directly and indirectly owns 1,168,308 shares through Shiraz Capital LLC, 544,161 shares through Corcaigh LLC, 746,550 shares through Infinity Trusts Investment LLC, 3,007,125 shares through Crescent River 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.
- Ebrahimi indirectly owns 32,500 put options through Shiraz Capital, LLC and 31,280 put options through Shiraz Capital, LLC.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing insider transactions, which carries a neutral sentiment.
Industry Context
This filing is a routine disclosure of insider transactions and doesn't necessarily indicate a broader trend in the additive manufacturing industry.
Stakeholder Impact
- The reported transactions may be of interest to shareholders as they provide insight into the actions of a key insider.
Key Dates
| Date | Description |
|---|---|
| 11/06/2023 | Expiration date of PUT Option (Obligation to Buy) |
| 05/30/2023 | Filing date of Power of Attorney granting Brad Nelson authority to act as attorney-in-fact for Farhad Fred Ebrahimi |
| 04/12/2024 | Expiration date of PUT Option (Obligation to Buy) |
| 07/18/2024 | Date of transaction for common stock and put options |
| 07/22/2024 | Date of signature for the report |
| 01/16/2026 | Expiration date of PUT Option (Obligation to Buy) |
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