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

Institutional Venture Partners XIII, L.P., a 10% owner of Inspirato Inc, sold shares of Class A Common Stock on April 16 and 17, 2024, at a price of $4 per share.

Summary

• Institutional Venture Partners XIII, L.P. (IVP XIII) sold shares of Inspirato Inc (ISPO) Class A Common Stock.
• On April 16, 2024, 78 shares were sold at a weighted average price of $4.
• On April 17, 2024, 200 shares were sold at $4 per share.
• Following these transactions, IVP XIII directly owns 434,424 shares of Class A Common Stock.
• The reporting persons 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: The document is a standard SEC filing reporting the sale of shares by a major shareholder. It doesn't inherently convey positive or negative sentiment, but the sale itself could be interpreted in various ways by the market.

Industry Context

This filing indicates activity by a major shareholder, which is common in the investment industry. Monitoring such transactions can provide insights into investor sentiment and potential future stock performance.

Stakeholder Impact

• Shareholders may react to the news of a significant shareholder selling shares, potentially impacting the stock price.
• The sale could influence market perception of the company's prospects.

Key Dates