Form 4: Matterport's Chief Legal Officer, Matthew Zinn, Sells Shares to Cover Taxes and Fees

Matthew Zinn, Chief Legal Officer of Matterport, Inc., sold shares of Class A Common Stock between March 5th and March 7th, 2024, to cover taxes and fees associated with the vesting of restricted stock units.

Summary

• Matthew Zinn, the Chief Legal Officer of Matterport, Inc., reported the sale of Class A Common Stock in a Form 4 filing with the SEC.
• The sales occurred over three days, from March 5th to March 7th, 2024.
• A total of 117,726 shares were sold to cover taxes and fees related to the vesting and settlement of restricted stock unit awards.
• The shares were sold at weighted average prices ranging from $1.89 to $1.99 on March 5th, $1.91 to $1.98 on March 6th, and $1.93 to $1.97 on March 7th.
• Following these transactions, Zinn directly owns 278,395 shares of Matterport's Class A Common Stock.

Sentiment

Score: 5

Explanation: This is a neutral event. It's a routine transaction related to executive compensation and doesn't indicate a positive or negative outlook for the company.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership. It doesn't necessarily reflect a change in the company's outlook or strategy.

Key Dates