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

Sentiment:

SEC Form 4


Farhad Fred Ebrahimi, a director and 10% owner of Desktop Metal, Inc., reports acquiring common stock and derivative securities through various entities at a price of $15 per share.

Summary

  • On March 26, 2025, Farhad Fred Ebrahimi reported transactions in Desktop Metal, Inc. (DM) common stock and related derivative securities.
  • The transactions involved the acquisition of common stock at a price of $15 per share through various entities including Shiraz Capital LLC, Havana 2020 GRAT, and Elstead 2020 GRAT.
  • Ebrahimi also reported transactions involving PUT options (obligation to buy) at an exercise price of $15, expiring on January 16, 2026, through entities like Havana 2020 GRAT, Elstead 2020 GRAT and Shiraz Capital, LLC.
  • Following these transactions, Ebrahimi's beneficial ownership includes direct and indirect holdings through several entities, such as Corcaigh LLC, Infinity Trusts Investment LLC, Crescent River LLC, and Farhad F Ebrahimi Roth IRA.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

This filing reflects insider transactions in the stock of Desktop Metal, a company in the 3D printing industry. Monitoring such transactions can provide insights into the sentiment of key company stakeholders.

Stakeholder Impact

  • The reported transactions may influence investor perception of Desktop Metal's stock.

Key Dates

DateDescription
04/12/2024Date exercisable for some PUT Options
04/08/2024Date exercisable for some PUT Options
11/06/2023Date exercisable for some PUT Options
05/30/2023Date of Form 13D filing with the Commission
01/16/2026Expiration date for PUT Options
03/26/2025Date of reported transactions
03/27/2025Date of signature

Keywords

Form 4, Beneficial Ownership, Desktop Metal, DM, Ebrahimi, Stock Transactions, PUT Options

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