Form 4: Xometry CEO Randolph Altschuler Reports Acquisition of 81,274 Shares of Class A Common Stock
SEC Form 4
Xometry CEO Randolph Altschuler reports the acquisition of 81,274 shares of Class A Common Stock through a restricted stock unit grant.
Summary
- On March 11, 2025, Randolph Altschuler, CEO of Xometry, Inc., acquired 81,274 shares of Class A Common Stock.
- The acquisition was through a restricted stock unit (RSU) grant.
- One quarter of the shares underlying the RSUs will vest on January 1, 2026, with the remainder vesting quarterly over the following 3 years, contingent upon continuous service.
- Each RSU represents a contingent right to receive one share of Xometry's Class A Common Stock.
- Following the reported transaction, Altschuler beneficially owns 338,265 shares of Class A Common Stock.
Sentiment
Score: 7
Explanation: The document reflects a standard executive compensation practice, indicating stability and alignment of interests. It's a neutral positive.
Positives
- The RSU grant aligns the CEO's interests with those of the shareholders, incentivizing long-term performance and commitment to the company.
Future Outlook
The vesting schedule of the RSUs suggests a long-term commitment from the CEO to the company's success.
Industry Context
Stock grants and RSU's are common practice to align management incentives with shareholder value.
Stakeholder Impact
- Shareholders may view the RSU grant positively as it aligns management's interests with the company's long-term success.
Key Dates
| Date | Description |
|---|---|
| 03/11/2025 | Date of transaction: Acquisition of Class A Common Stock via RSU grant. |
| 03/13/2025 | Date of signature by Attorney-in-Fact. |
| 01/01/2026 | Initial vesting date for one quarter of the RSU shares. |
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