4/A: Xometry CEO Randolph Altschuler Corrects Stock Ownership Reporting
SEC Filing
Randolph Altschuler, CEO of Xometry, Inc., files an amended statement to correct a previously reported error in the number of restricted stock units (RSUs) and the amount of securities beneficially owned.
Summary
- Randolph Altschuler, CEO of Xometry, Inc., filed an amended Form 4 on March 13, 2025, to correct a previous error in reporting.
- The amendment pertains to restricted stock units (RSUs) granted in March 2024, subject to performance-based vesting conditions related to 2024 performance.
- The Board certified the achievement of these conditions on February 25, 2025.
- One-third of the shares vested on February 25, 2025, with the remaining shares vesting in equal installments on February 25, 2026, and February 25, 2027, contingent upon continuous service.
- The corrected filing shows Altschuler beneficially owns 284,557 shares of Class A Common Stock following the reported transaction.
Sentiment
Score: 7
Explanation: The document is a routine correction of a previous filing, indicating a neutral sentiment. The correction itself doesn't suggest any positive or negative implications for the company's performance.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- Shareholders benefit from accurate reporting of executive stock ownership.
Key Dates
| Date | Description |
|---|---|
| March 2024 | RSUs were granted subject to performance-based vesting conditions. |
| February 25, 2025 | Board certified achievement of performance conditions; 1/3rd of RSUs vested. |
| February 25, 2026 | Next vesting date for remaining RSUs (equal installment). |
| February 25, 2027 | Final vesting date for remaining RSUs (equal installment). |
| February 27, 2025 | Date of Original Filed |
| March 13, 2025 | Date of amended filing. |
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