Form 4: Xometry CFO James Miln Reports Acquisition of 40,637 Shares of Class A Common Stock

Chief Financial Officer of Xometry, James Miln, reports the acquisition of 40,637 shares of Class A Common Stock through a restricted stock unit grant.

Summary

• On March 11, 2025, James Miln, the Chief Financial Officer of Xometry, Inc., acquired 40,637 shares of Class A Common Stock.
• The acquisition was in the form of 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 subsequent 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, Miln directly owns 146,059 shares of Class A Common Stock.

Sentiment

Score: 7

Explanation: The document reflects a routine executive compensation practice, indicating stability and alignment of interests. It's a neutral to slightly positive event.

Positives

• The RSU grant to the CFO aligns his interests with the long-term performance of the company.
• The vesting schedule encourages continued service and commitment from the CFO.

Future Outlook

The vesting schedule of the RSUs suggests an expectation of continued service and contribution from the CFO over the next three years.

Industry Context

This is a standard practice for incentivizing and retaining key executives in publicly traded companies. RSU grants are common in the tech industry to align executive compensation with company performance.

Comparison to Industry Standards

• RSU grants are a common form of executive compensation in the technology sector, often used by companies like Autodesk, Ansys, and Stratasys to incentivize long-term performance.
• Vesting schedules, such as the quarterly vesting over three years described in the document, are typical for RSU grants in comparable companies.

Stakeholder Impact

• Shareholders may view the RSU grant as a positive sign, indicating that the CFO's interests are aligned with the company's long-term success.
• Employees may see this as a sign of stability and commitment from the company to its leadership.

Key Dates