Form 4: Xometry CEO Randolph Altschuler Sells Shares to Cover Tax Obligations

Xometry CEO Randolph Altschuler sold shares of Class A Common Stock on April 2, 2025, to cover tax withholding obligations related to vesting restricted stock units.

Summary

• On April 2, 2025, Randolph Altschuler, CEO of Xometry, Inc., sold 9,331 shares of Class A Common Stock.
• The sale was executed automatically under a pre-arranged Rule 10b5-1 trading plan.
• The shares were sold at a weighted average price of $25.1621, with individual transactions ranging from $24.725 to $25.515.
• The sale was partially to cover tax withholding obligations related to the vesting of restricted stock units.
• Following the transaction, Altschuler directly owns 328,934 shares of Class A Common Stock and 1,475,311 shares of Class B Common Stock.
• Altschuler also has indirect ownership through various trusts and his spouse, totaling 2,421,699 shares of Class A Common Stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The sale was planned and partially to cover tax obligations, but it could still be perceived negatively by some investors.

Positives

• The sale was conducted under a pre-existing Rule 10b5-1 trading plan, indicating it was planned well in advance.
• Altschuler still holds a significant number of shares, demonstrating continued investment in the company's success.

Industry Context

Insider trading activity is closely monitored by investors as it can provide insights into management's perspective on the company's future prospects. However, sales under pre-arranged 10b5-1 plans are common and often not indicative of negative sentiment.

Stakeholder Impact

• The stock sale could have a minor impact on shareholders due to the potential for a slight decrease in stock price.
• The sale does not appear to have a direct impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

Xometry, Randolph Altschuler, Form 4, insider trading, stock sale, Rule 10b5-1, CEO, XMTR