Form 4: Xometry CFO James Miln Sells Shares to Cover Tax Obligations

Xometry's CFO, James Miln, sold shares of Class A Common Stock in multiple transactions to cover tax withholding obligations related to vesting restricted stock units.

Summary

• James Miln, CFO of Xometry, Inc., reported the sale of Class A Common Stock in three separate transactions.
• The sales occurred on February 28, 2025, and March 4, 2025, under a pre-arranged Rule 10b5-1 trading plan.
• A total of 7,235 shares were sold on February 28 at an average price of $26.6103.
• On March 4, 2025, two transactions occurred: 12,063 shares were sold at an average price of $23.5413, and 13,789 shares were sold at an average price of $24.5114.
• The sales were executed to cover tax withholding obligations related to the vesting of restricted stock units granted in March 2024.
• Following these transactions, Miln directly owns 105,238 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating routine stock sales for tax purposes. It doesn't inherently convey positive or negative sentiment.

Industry Context

Executive stock sales are a common occurrence, often related to compensation and tax planning. The use of a 10b5-1 plan suggests the sales were pre-planned and not based on insider information.

Stakeholder Impact

• The stock sales by the CFO could have a minor impact on shareholder sentiment, although the sales were pre-planned and for tax purposes.
• The impact on employees, customers, suppliers, and creditors is likely to be negligible.

Key Dates