Form 4: Inspirato Inc. Executive David S. Kallery Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


David S. Kallery, President of Inspirato Inc., reports multiple transactions involving Class A Common Stock, including acquisitions and disposals, resulting in adjustments to his direct and indirect holdings.

Summary

  • On January 17, 2023, David S. Kallery acquired 32,830 shares of Class A Common Stock at $29.6 per share.
  • On June 6, 2024, Kallery acquired 66,666 shares of Class A Common Stock at $3.94 per share.
  • On September 26, 2024, Kallery converted shares of Class V Common Stock into 91,905 shares of Class A Common Stock at $3.8 per share.
  • On the same day, Kallery converted additional shares of Class V Common Stock into 115,639 shares of Class A Common Stock at $3.8 per share, held indirectly by his spouse.
  • Also on September 26, 2024, Kallery converted shares of Class V Common Stock into 81,555 shares of Class A Common Stock at $3.8 per share, held indirectly by the David S. Kallery 2021 Trust.
  • Following these transactions, Kallery directly owns 194,152 shares of Class A Common Stock.
  • Kallery also indirectly owns 115,639 shares through his spouse and 81,555 shares through the David S. Kallery 2021 Trust.

Sentiment

Score: 5

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

Future Outlook

The remaining RSUs will vest in installments, indicating continued equity-based compensation for the reporting person.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding insider transactions.

Key Dates

DateDescription
01/17/2023Kallery acquired 32,830 shares of Class A Common Stock at $29.6 per share.
01/20/2024One-fourth of the RSUs vested.
05/20/2024Remaining shares vest in 12 equal quarterly installments.
06/06/2024Kallery acquired 66,666 shares of Class A Common Stock at $3.94 per share.
09/26/2024Kallery converted shares of Class V Common Stock into Class A Common Stock.
09/30/2024Date of signature by power of attorney.
01/20/2025One-half of the RSUs will vest.
05/20/2025Remaining shares vest in 4 equal quarterly installments.

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