Form 4: Xometry COO Sells 3,000 Shares Under 10b5-1 Trading Plan

Xometry's Chief Operating Officer, Peter Goguen, sold 3,000 shares of Class A Common Stock at $34.50 per share, under a pre-arranged 10b5-1 trading plan.

Summary

• Peter Goguen, the Chief Operating Officer of Xometry, Inc., sold 3,000 shares of Class A Common Stock on December 11, 2024.
• The sale was executed at a price of $34.50 per share.
• This transaction was conducted under a pre-established Rule 10b5-1 trading plan.
• Following the transaction, Mr. Goguen directly owns 169,919 shares of Xometry stock.

Sentiment

Score: 5

Explanation: The document is a routine disclosure of an insider stock sale under a pre-arranged plan, which is neither positive nor negative for the company's outlook.

Industry Context

This is a routine disclosure of an insider stock sale, which is common for executives of publicly traded companies. The use of a 10b5-1 plan indicates the sale was pre-planned and not based on any recent material non-public information.

Comparison to Industry Standards

• The use of a 10b5-1 trading plan is a standard practice for executives at publicly traded companies like Xometry, similar to practices at companies such as Autodesk (ADSK) and Proto Labs (PRLB).
• These plans allow insiders to sell shares without concerns about insider trading violations.
• The sale of 3,000 shares is a relatively small transaction compared to the total outstanding shares of Xometry and is not unusual for executive stock sales.

Stakeholder Impact

• The sale of shares by an executive may have a minor impact on shareholder sentiment, but the use of a 10b5-1 plan mitigates concerns about insider trading.

Key Dates

Keywords

Xometry, insider trading, Form 4, stock sale, Rule 10b5-1, Peter Goguen, Chief Operating Officer, XMTR