Form 4: Matterport Director Susan Repo Reports Stock Transactions

Director Susan Repo reports the vesting and acquisition of Matterport Class A Common Stock and Restricted Stock Units (RSUs) on June 10, 2024.

Summary

• On June 10, 2024, Susan Repo, a director of Matterport, Inc., reported transactions involving the company's Class A Common Stock and Restricted Stock Units (RSUs).
• Repo acquired 60,763 shares of Class A Common Stock upon the vesting of RSUs at a price of $0.00.
• Following this transaction, Repo directly owns 86,862 shares of Class A Common Stock.
• Additionally, Repo acquired 39,325 RSUs, which will vest on the earlier of June 10, 2025, or the date of the company's 2025 annual meeting of shareholders, contingent upon continued service with the company.
• After these transactions, Repo holds 91,525 RSUs.

Sentiment

Score: 5

Explanation: This is a neutral report of stock transactions by a company director. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Future Outlook

The newly acquired RSUs will vest on the earlier of June 10, 2025, or the date of the company's 2025 annual meeting of shareholders, subject to the Reporting Person's continued service with the Company through such vesting date.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is common for publicly traded companies. It provides transparency to investors regarding the holdings and transactions of company directors.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership of shares.
• The vesting of RSUs incentivizes the director to continue serving the company.

Key Dates