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 $34.5 per share on January 15, 2025, 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 January 15, 2025.
• The sale was executed at a price of $34.5 per share.
• This transaction was conducted under a pre-established Rule 10b5-1 trading plan.
• Following the transaction, Mr. Goguen directly owns 164,993 shares of Xometry's Class A Common 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 in itself. It is a neutral event.

Risks

• Sales by company executives can sometimes be perceived negatively by the market, although this sale was pre-planned.

Industry Context

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

Comparison to Industry Standards

• Executive stock sales are a common occurrence in publicly traded companies, and the use of a 10b5-1 trading plan is a standard practice to avoid accusations of insider trading.
• Many companies have similar plans in place for their executives, such as those at Autodesk, Stratasys, and Protolabs, all of which are in the manufacturing and technology space.
• The volume of shares sold is relatively small compared to the total outstanding shares of Xometry, and the price is consistent with recent trading activity.

Stakeholder Impact

• The impact on shareholders is likely to be minimal, as the sale was pre-planned and the volume of shares sold is small relative to the total outstanding shares.

Key Dates

Keywords

Xometry, Peter Goguen, insider trading, Rule 10b5-1, stock sale, Class A Common Stock, executive transaction