Form 4: Matterport CFO James Daniel Fay Reports Stock Transactions
SEC Form 4 Filing
James Daniel Fay, CFO of Matterport, Inc., reports the vesting of restricted stock units and subsequent ownership of Class A Common Stock.
Summary
- On July 15, 2024, James Daniel Fay, the Chief Financial Officer of Matterport, Inc., reported a transaction involving the vesting of restricted stock units.
- Specifically, 217,565 restricted stock units vested, converting into an equal number of Class A Common Stock shares.
- Following this transaction, Fay directly owns 1,642,608 shares of Class A Common Stock and 1,827,078 restricted stock units.
- The restricted stock units commenced vesting on July 15, 2021, and vest in equal quarterly installments until fully vested on July 15, 2025.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, and does not contain any information that would significantly impact sentiment positively or negatively.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects the ongoing vesting of executive compensation.
Key Dates
| Date | Description |
|---|---|
| 07/15/2021 | Restricted stock units commenced vesting |
| 07/15/2024 | Reported transaction date: Vesting of restricted stock units and ownership of Class A Common Stock |
| 07/15/2025 | Restricted stock units fully vested |
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