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

Peter Goguen, COO of Xometry, Inc., sold 986 shares of Class A Common Stock on September 17, 2024, to cover tax withholding obligations related to vesting restricted stock units.

Summary

• On September 17, 2024, Peter Goguen, the Chief Operating Officer of Xometry, Inc., sold 986 shares of Class A Common Stock.
• The sale was executed at a weighted average price of $19.2701 per share, with individual transactions ranging from $18.765 to $19.53.
• The transaction was conducted automatically under a pre-arranged Rule 10b5-1 trading plan.
• The purpose of the sale was to cover tax withholding obligations associated with the vesting of restricted stock units.
• Following the transaction, Goguen still beneficially owns 193,359 shares of Xometry's Class A Common Stock.

Sentiment

Score: 5

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

Industry Context

Sales by company executives are a normal part of corporate governance. Often these sales are pre-planned to avoid any accusations of insider trading.

Stakeholder Impact

• The sale of shares by a company executive could be perceived neutrally or slightly negatively by shareholders, depending on the context and the executive's reasons for selling.

Key Dates