Form 4: Xometry COO Peter Goguen Sells Shares to Cover Tax Obligations

Xometry's Chief Operating Officer, Peter Goguen, sold shares of Class A Common Stock on December 18, 2024, to cover tax withholding obligations related to vesting restricted stock units.

Summary

• Peter Goguen, the Chief Operating Officer of Xometry, Inc., sold shares of Class A Common Stock on December 18, 2024.
• The sales were executed automatically under a pre-arranged Rule 10b5-1 trading plan.
• A total of 90 shares were sold at $38.26 per share, 354 shares were sold at a weighted average price of $39.6774, and 542 shares were sold at a weighted average price of $40.6424.
• The sales were conducted to cover tax withholding obligations associated with the vesting of restricted stock units.
• Following the transactions, Goguen directly owns 168,933 shares of Class A Common Stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction to cover tax obligations, executed under a pre-existing plan. It doesn't necessarily indicate a positive or negative outlook on the company.

Industry Context

This is a routine Form 4 filing, indicating insider transactions. It's common for executives to sell shares to cover tax obligations, especially after vesting of restricted stock units. The use of a 10b5-1 plan suggests the sales were pre-planned and not based on current market information.

Stakeholder Impact

• The stock sale may have a minor, temporary impact on shareholders due to the increased supply of shares.
• The impact on employees, customers, suppliers, and creditors is likely negligible.

Key Dates