Form 4: Xometry CEO Sells Shares Under Pre-Arranged Trading Plan for Tax Obligations

Xometry, Inc. CEO and Director Randolph Altschuler reported the sale of 9,332 shares of Class A Common Stock on July 2, 2025, primarily to cover tax withholding obligations, executed under a Rule 10b5-1 trading plan.

Summary

• Randolph Altschuler, Chief Executive Officer and Director of Xometry, Inc. (XMTR), reported changes in his beneficial ownership of company stock.
• On July 2, 2025, Mr. Altschuler sold a total of 9,332 shares of Class A Common Stock.
• The sales consisted of 8,978 shares at a weighted average price of $32.3611 per share (with prices ranging from $31.95 to $32.90) and 354 shares at a price of $33.02 per share.
• A portion of these shares were sold to cover tax withholding obligations associated with the vesting of restricted stock units.
• The transactions were executed automatically pursuant to a pre-established Rule 10b5-1 trading plan, adopted at least 90 days prior to the trading date.
• Following these transactions, Mr. Altschuler directly beneficially owns 319,602 shares of Class A Common Stock and 1,475,311 shares of Class B Common Stock.
• He also indirectly beneficially owns additional Class A Common Stock through various trusts (2021 Tigers Trust, Matthew Sladkin Altschuler 2012 Trust, Sasha Sladkin Altschuler 2012 Trust, Noah Sladkin Altschuler 2012 Trust, Altschuler Family Trust (2020)) and through his spouse, totaling 2,165,699 indirect shares.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. While it involves insider selling, the fact that it's a pre-arranged 10b5-1 plan and partly for tax obligations mitigates potential negative interpretations, suggesting it's not based on new adverse information.

Positives

• The sale was conducted under a Rule 10b5-1 trading plan, indicating it was pre-scheduled and not a discretionary sale based on new, non-public information.
• A portion of the shares were sold specifically to cover tax withholding obligations related to restricted stock unit vesting, which is a common and expected reason for insider sales.

Negatives

• The transaction represents insider selling, which can sometimes be perceived negatively by the market, regardless of the reason.

Future Outlook

The document reports a pre-scheduled transaction that occurred on July 2, 2025, indicating the execution of a previously established trading plan rather than a new discretionary sale.

Management Comments

• The transaction was effected automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person at least 90 days prior to the trading date.
• A portion of these shares were sold by the reporting person to cover tax withholding obligations in connection with the vesting of restricted stock units.

Industry Context

This Form 4 filing is specific to an individual insider's stock transactions and does not provide broader industry trends or competitive analysis.

Stakeholder Impact

• Shareholders: May view the insider sale with scrutiny, though the pre-planned nature and tax-related purpose reduce concerns about management's confidence in the company's future.

Key Dates

Keywords

Xometry, XMTR, Randolph Altschuler, Form 4, insider trading, stock sale, 10b5-1 plan, CEO, beneficial ownership, restricted stock units, tax withholding