Form 4: Institutional Venture Partners XIII, L.P. Sells 900 Shares of Inspirato Inc (ISPO)

Institutional Venture Partners XIII, L.P. disposed of 900 shares of Inspirato Inc (ISPO) Class A Common Stock at a weighted average price of $4.01 on March 18, 2024.

Summary

• On March 18, 2024, Institutional Venture Partners XIII, L.P. sold 900 shares of Inspirato Inc's Class A Common Stock.
• The sale was executed at a weighted average price of $4.01 per share, with individual transactions ranging from $4.00 to $4.01.
• Following the transaction, Institutional Venture Partners XIII, L.P. beneficially owns 442,108 shares of Inspirato Inc.
• The reporting entities include Institutional Venture Partners XIII, L.P., Institutional Venture Management XIII, LLC, and several managing directors: Todd C. Chaffee, Norman A. Fogelsong, Stephen J. Harrick, J. Sanford Miller, and Dennis B. Phelps, Jr.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard disclosure of a share sale. The sale itself doesn't necessarily indicate a positive or negative outlook for the company.

Industry Context

Form 4 filings are standard disclosures required by the SEC when insiders or major shareholders of a publicly traded company buy or sell shares. This filing indicates a change in ownership by a significant shareholder, Institutional Venture Partners XIII, L.P.

Stakeholder Impact

• The sale of shares by a major shareholder could potentially influence investor sentiment, although the impact is likely to be minimal given the relatively small number of shares sold.

Key Dates