Form 4: Inspirato Inc. President David S. Kallery Sells Shares to Cover Tax Obligations

Inspirato Inc. President David S. Kallery sold 3,050 shares of Class A Common Stock to cover tax obligations related to a previous stock conversion.

Summary

• David S. Kallery, President of Inspirato Inc., sold 3,050 shares of Class A Common Stock on December 4, 2024.
• The sale was executed at a weighted average price of $3.77 per share, with individual transactions ranging from $3.76 to $3.77.
• This sale was to cover a portion of the tax obligations associated with the conversion of Class V Common Stock to Class A Common Stock on September 26, 2024.
• Following the transaction, Kallery directly owns 288,749 shares of Class A Common Stock.
• He 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 SEC filing detailing an insider stock sale for tax purposes, which is neither positive nor negative for the company's outlook.

Industry Context

This is a routine filing related to insider transactions and is common for publicly traded companies. It does not indicate any specific trend or issue within the industry.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
• The sale of shares to cover tax obligations is a common occurrence for executives who receive stock-based compensation.
• There are no specific comparible companies or projects mentioned in the document.

Stakeholder Impact

• The sale of shares by an executive may have a minor impact on shareholder sentiment, but it is a routine transaction.

Key Dates

Keywords

Inspirato Inc, David S. Kallery, Class A Common Stock, stock sale, tax obligations, insider trading, Form 4