Form 4: Matterport Executive Peter Presunka Reports Stock Transaction
SEC Form 4
Peter Presunka, Chief Accounting Officer of Matterport, Inc., reports the vesting of restricted stock units.
Summary
- On June 15, 2024, Peter Presunka, the Chief Accounting Officer of Matterport, Inc., reported a transaction involving the vesting of restricted stock units.
- A total of 3,915 shares of Class A Common Stock were acquired through the vesting of these units.
- The transaction was executed under Transaction Code M.
- Following the transaction, Presunka directly owns 91,253 shares of Class A Common Stock and 419,755 derivative securities (Restricted Stock Units).
Sentiment
Score: 5
Explanation: This is a routine disclosure of stock transactions, neither particularly positive nor negative.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency to investors regarding insider transactions.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding executive compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| 12/15/2021 | Vesting Commencement Date for the restricted stock units |
| 06/15/2024 | Date of transaction: vesting of restricted stock units |
| 06/18/2024 | Date of report signature |
| 12/15/2025 | Date when the remaining underlying shares will be fully vested |
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