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

Xometry CEO Randolph Altschuler reported the sale of Class A Common Stock under a pre-arranged trading plan, primarily to cover tax withholding obligations.

Summary

• Randolph Altschuler, CEO of Xometry, Inc., reported transactions involving Class A Common Stock on April 2, 2026.
• These transactions were executed under a Rule 10b5-1 trading plan, indicating they were pre-arranged.
• A portion of the sales (763 shares) were to cover tax withholding obligations related to the vesting of restricted stock units.
• The sales occurred at a weighted average price of $40.4719 for some transactions and $41.8934 for others.
• Altschuler's beneficial ownership includes direct holdings and indirect holdings through various trusts and his spouse.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral. While insider selling can be a negative signal, the execution under a Rule 10b5-1 plan and the stated reason for tax withholding mitigate immediate concerns.

Positives

• The transactions were conducted under a Rule 10b5-1 plan, which is designed to provide an affirmative defense against insider trading allegations by ensuring sales are pre-planned and not based on material non-public information.
• The sale of shares to cover tax withholding obligations is a standard and expected event upon the vesting of restricted stock units.

Negatives

• The CEO sold a significant number of shares, which could be perceived negatively by the market, despite being executed under a pre-arranged plan.
• The total number of shares sold is substantial, although the exact total is not explicitly stated as a single figure in the filing.

Risks

• Potential for negative market perception due to insider selling, even if conducted under a Rule 10b5-1 plan.
• The company's stock price could be affected by the volume of shares sold by a key executive.

Future Outlook

No specific future outlook or guidance is provided in this Form 4 filing, which solely reports on past transactions.

Industry Context

StockSavvy.ai notes that Form 4 filings are routine disclosures for public company executives and directors. The use of Rule 10b5-1 plans is common practice to manage stock sales in a compliant manner, particularly for executives who may have regular vesting events or need to diversify their holdings.

Stakeholder Impact

• Shareholders: May interpret the CEO's stock sales as a potential negative signal, although the Rule 10b5-1 plan and tax withholding purpose provide context.
• Employees: May view the CEO's actions as standard executive compensation management.
• Creditors: Unlikely to be significantly impacted by this specific filing.

Next Steps

• Monitor future Form 4 filings for any additional transactions by management.
• Observe market reaction to the reported share sales.

Key Dates

Keywords

Xometry, XMTR, Form 4, Insider Trading, Rule 10b5-1, Stock Sale, CEO, Beneficial Ownership, Restricted Stock Units, Tax Withholding