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

Xometry's Chief Operating Officer, Peter Goguen, sold 940 shares of Class A Common Stock on October 3, 2024, to cover tax withholding obligations related to vesting restricted stock units.

Summary

• On October 3, 2024, Peter Goguen, the Chief Operating Officer of Xometry, Inc., sold 940 shares of Class A Common Stock.
• The sale was executed at a weighted average price of $17.2213 per share, with individual transactions ranging from $17.11 to $17.46.
• The transaction was conducted automatically under a pre-arranged Rule 10b5-1 trading plan.
• The shares were sold to cover tax withholding obligations associated with the vesting of restricted stock units.
• Following the transaction, Goguen directly owns 192,419 shares of Xometry's Class A Common Stock.

Sentiment

Score: 5

Explanation: The document describes a routine stock sale by an executive to cover tax obligations. It doesn't indicate any significant positive or negative sentiment.

Positives

• The sale was conducted under a pre-arranged Rule 10b5-1 trading plan, indicating it was planned well in advance and not based on immediate market conditions.
• The sale covers tax obligations, which is a normal part of equity compensation.

Industry Context

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

Stakeholder Impact

• The stock sale is unlikely to have a significant impact on stakeholders as it is a relatively small transaction by an individual executive.

Key Dates