Form 4: Xometry CEO Randolph Altschuler Sells Shares Under 10b5-1 Trading Plan

Xometry CEO Randolph Altschuler sold 27,566 shares of Class A Common Stock on February 28, 2025, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• On February 28, 2025, Randolph Altschuler, the CEO of Xometry, Inc., sold 27,566 shares of Class A Common Stock.
• The sale was executed under a Rule 10b5-1 trading plan adopted at least 90 days prior to the transaction date.
• The shares were sold at a weighted average price of $26.5995, with individual transactions ranging from $26.21 to $27.11.
• A portion of the shares were sold to cover tax withholding obligations related to the vesting of restricted stock units granted in March 2024.
• Following the transaction, Altschuler directly owns 256,570 shares of Class A Common Stock and 1,475,311 shares of Class B Common Stock.
• Altschuler also has indirect ownership of Class A Common Stock through various trusts and his spouse, totaling 2,472,999 shares.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the document simply reports an insider stock sale under a pre-arranged plan. It doesn't inherently indicate positive or negative sentiment about the company's future prospects.

Positives

• The sale was conducted under a pre-arranged Rule 10b5-1 trading plan, which is generally viewed as a transparent and orderly way for insiders to sell shares.

Industry Context

Insider sales are a common occurrence, and the use of a 10b5-1 plan suggests a planned and orderly approach to selling shares. Investors often monitor insider transactions for signals about a company's prospects, but sales under 10b5-1 plans are generally less informative than discretionary trades.

Stakeholder Impact

• The stock sale could have a minor negative impact on shareholder sentiment, although the use of a 10b5-1 plan may mitigate concerns.

Key Dates