Form 4: Matterport Director Susan Repo Reports Stock Transactions
SEC Form 4
Director Susan Repo reported the acquisition of 26,100 shares of Class A Common Stock and 26,100 Restricted Stock Units of Matterport, Inc. on July 11, 2024.
Summary
- On July 11, 2024, Susan Repo, a director of Matterport, Inc., acquired 26,100 shares of Class A Common Stock.
- The acquisition was related to the vesting of 26,100 Restricted Stock Units (RSUs).
- The price for the shares acquired was $0.00.
- Following the transaction, Susan Repo directly owns 112,962 shares of Class A Common Stock.
- Repo also directly owns 65,425 Restricted Stock Units.
- The RSUs vest in equal installments over three years, commencing on July 11, 2022, and fully vesting on July 11, 2025.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions by a company director, indicating a neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and provides transparency to investors regarding the holdings and transactions of company directors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 07/11/2022 | Restricted stock units commenced vesting |
| 07/11/2024 | Transaction date: Acquisition of Class A Common Stock and vesting of Restricted Stock Units |
| 07/15/2024 | Date of signature for the Form 4 filing |
| 07/11/2025 | Restricted stock units fully vested |
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