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

Xometry's Chief Operating Officer, Peter Goguen, sold 986 shares of Class A Common Stock on June 20, 2024, to cover tax withholding obligations related to vesting restricted stock units.

Summary

• On June 20, 2024, Peter Goguen, the Chief Operating Officer of Xometry, Inc. (XMTR), sold 986 shares of Class A Common Stock.
• The sale was executed at a weighted average price of $12.5455 per share, with individual transactions ranging from $12.40 to $12.71.
• 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 195,285 shares of Xometry's Class A Common Stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The sale was for tax purposes under a pre-arranged plan, so it doesn't necessarily reflect a negative outlook on the company.

Positives

• The sale was conducted under a pre-arranged Rule 10b5-1 trading plan, indicating it was planned and not based on immediate market sentiment.

Industry Context

Sales by company executives are a normal part of corporate activity. It is important to note that the sale was to cover tax obligations and was executed under a pre-arranged trading plan.

Stakeholder Impact

• The sale of shares by a company executive could be perceived negatively by some shareholders, although the context of tax obligations and a pre-arranged trading plan mitigates this.

Key Dates