Form 4: Xometry COO Peter Goguen Reports Stock Award Vesting

Peter Goguen, COO of Xometry, Inc., reports the vesting of restricted stock units based on the achievement of 2024 performance goals.

Summary

• On February 25, 2025, Peter Goguen, the Chief Operating Officer of Xometry, Inc., had 26,740 Class A Common Stock shares vest as restricted stock units (RSUs).
• These RSUs were granted in March 2024 and were subject to performance-based vesting conditions related to the company's 2024 performance.
• The Board certified the achievement of these performance goals on February 25, 2025.
• One-third of the shares vested on February 25, 2025, and the remaining shares will vest in equal installments on February 25, 2026, and February 25, 2027, contingent upon Goguen's continued service with the company.
• Following the reported transaction, Goguen beneficially owns 188,733 shares of Class A Common Stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The vesting of RSUs indicates that performance goals were met, which is a positive sign. However, it's a routine disclosure and doesn't necessarily indicate a significant change in the company's outlook.

Positives

• The vesting of RSUs indicates that performance goals for 2024 were met, as certified by the Board, which is a positive sign for the company's performance.

Future Outlook

The remaining RSUs will vest in equal installments on February 25, 2026, and February 25, 2027, subject to the reporting person's continuous service.

Industry Context

This Form 4 filing is a routine disclosure related to executive compensation and is common for publicly traded companies. It provides transparency into the equity holdings of company insiders.

Stakeholder Impact

• The vesting of RSUs aligns management's interests with those of shareholders, as it incentivizes continued service and performance.

Key Dates