Form 4: Xometry COO Sells Shares to Cover Tax Obligations Following RSU Vesting

Xometry Inc.'s Chief Operating Officer, Peter Goguen, sold 986 shares of Class A Common Stock on June 17, 2025, to cover tax withholding obligations related to restricted stock unit vesting.

Summary

• Peter Goguen, Chief Operating Officer of Xometry, Inc. (XMTR), reported the sale of Class A Common Stock.
• The transactions occurred on June 17, 2025.
• A total of 986 shares were sold across two separate transactions.
• The sales were executed automatically pursuant to a Rule 10b5-1 trading plan, adopted at least 90 days prior to the trading date.
• The primary purpose of these sales was to cover tax withholding obligations associated with the vesting of restricted stock units.
• Following these transactions, Mr. Goguen directly beneficially owns 175,457 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral. This is a routine, pre-planned transaction for tax purposes related to executive compensation, not indicative of positive or negative operational performance or strategic shifts.

Positives

• The sale of shares was conducted to cover tax withholding obligations, indicating the vesting of restricted stock units, which is a form of compensation for the COO.
• The transaction was pre-arranged under a Rule 10b5-1 trading plan, demonstrating a structured and compliant approach to insider stock sales.

Negatives

• The sale represents a reduction in the direct beneficial ownership of Class A Common Stock by a key executive, though it is for a routine tax purpose.

Risks

• No specific risks are detailed in this Form 4 filing beyond the general market perception of insider selling, which in this case is mitigated by the stated tax-related purpose and 10b5-1 plan.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Management Comments

• The shares were sold in a transaction that was effected automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person at least 90 days prior to the trading date.
• These shares were sold by the reporting person to cover tax withholding obligations in connection with the vesting of restricted stock units.

Industry Context

This Form 4 filing is a routine disclosure of an insider stock transaction and does not provide information relevant to broader industry trends or competitive analysis. Such transactions are common across all industries when executives receive equity compensation.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine, tax-related sale by an executive, not a discretionary sale indicating a change in confidence.
• Employees: No direct impact mentioned.
• Customers: No direct impact mentioned.
• Suppliers: No direct impact mentioned.
• Creditors: No direct impact mentioned.

Key Dates

Keywords

Xometry, XMTR, Form 4, Insider Transaction, Peter Goguen, Chief Operating Officer, Stock Sale, Rule 10b5-1, Restricted Stock Units, Tax Withholding, Beneficial Ownership