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

Institutional Venture Partners XIII, L.P. reports the sale of Inspirato Inc (ISPO) Class A Common Stock in two transactions on May 20 and May 21, 2024.

Summary

• Institutional Venture Partners XIII, L.P. sold 724 shares of Inspirato Inc Class A Common Stock on May 20, 2024, at a price of $4 per share.
• An additional 2,400 shares were sold on May 21, 2024, at a weighted average price of $4.03.
• Following these transactions, Institutional Venture Partners XIII, L.P. beneficially owns 430,608 shares of Inspirato Inc Class A Common Stock.
• The sales were executed by Institutional Venture Partners XIII, L.P., with Institutional Venture Management XIII, LLC as the general partner.
• Todd C. Chaffee, Norman A. Fogelsong, Stephen J. Harrick, J. Sanford Miller, and Dennis B. Phelps, Jr., as managing directors of IVM XIII, may be deemed to have shared voting and dispositive power with respect to the securities held by IVP XIII.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it simply reports the sale of shares by a major shareholder. It doesn't inherently indicate positive or negative sentiment towards the company's future prospects.

Industry Context

This filing indicates activity by a major shareholder, Institutional Venture Partners, in the market for Inspirato Inc shares. Monitoring such transactions can provide insights into investor sentiment and potential future stock performance.

Stakeholder Impact

• The sale of shares by a major shareholder could potentially influence investor confidence and the stock price of Inspirato Inc.

Key Dates