MTTR.Matterport, Inc/de

Form 4: Matterport Chief Revenue Officer Reports Stock Transactions

Sentiment:

SEC Form 4

📋All filings for Matterport, Inc/de
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Jay Remley, Chief Revenue Officer of Matterport, Inc., reports the vesting of restricted stock units and subsequent acquisition of Class A Common Stock.

Summary

  • On October 15, 2024, Jay Remley, the Chief Revenue Officer of Matterport, Inc., reported transactions involving the company's stock.
  • Remley acquired 130,539 shares of Class A Common Stock through the vesting of restricted stock units.
  • The price per share for the acquisition was $0.00, as it was related to the vesting of restricted stock units.
  • Following the reported transaction, Remley directly owns 1,421,501 shares of Class A Common Stock and 1,252,981 restricted stock units.
  • The restricted stock units vest quarterly, commencing on July 15, 2021, and will be fully vested by July 15, 2025.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions, and carries a neutral sentiment.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.

Stakeholder Impact

  • The transaction affects the ownership structure of Matterport, Inc., but the impact on stakeholders is likely minimal as it is a routine executive compensation matter.

Key Dates

DateDescription
July 15, 2021Restricted stock units commenced vesting.
October 15, 2024Transaction date: Remley acquired shares through vesting of restricted stock units.
October 16, 2024Date of signature for the report.
July 15, 2025Restricted stock units will be fully vested.

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