Form 4: Matterport Director Michael B. Gustafson Executes Stock Options, Acquires Shares

Director Michael B. Gustafson exercised stock options to acquire Matterport shares at a price of $0.3472 on February 19, 2025.

Summary

• On February 19, 2025, Michael B. Gustafson, a director of Matterport, Inc., executed stock options to acquire Class A Common Stock.
• He acquired 458,653 shares and 16,992 shares at a price of $0.3472 per share.
• Following these transactions, Gustafson directly owns 718,169 shares of Class A Common Stock.
• He also indirectly owns 33,024 shares through trusts.
• The stock options exercised were fully vested and exercisable with an expiration date of January 17, 2028.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard transaction report. The exercise of options could be seen as a positive sign, but without more context, it's difficult to gauge the overall impact.

Positives

• The exercise of vested stock options by a director could be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock.

Stakeholder Impact

• The transaction could have a minor impact on shareholders by slightly diluting the existing shares.

Key Dates

Keywords

Matterport, Director, Stock Options, Class A Common Stock, Beneficial Ownership, Form 4, MTTR