Form 4: Xometry Executive Matthew Leibel Receives Stock Grant

Matthew Leibel, Chief Technology Officer of Xometry, Inc., reports the acquisition of 24,620 shares of Class A Common Stock through a restricted stock unit (RSU) grant.

Summary

• On March 14, 2024, Matthew Leibel, the Chief Technology Officer of Xometry, Inc., was granted 24,620 shares of Class A Common Stock in the form of restricted stock units (RSUs).
• These RSUs vest quarterly, starting on January 1, 2025, with one-quarter vesting initially and the remainder vesting over the subsequent three years, contingent upon continuous service.
• Following this transaction, Leibel beneficially owns 75,536 shares of Xometry's Class A Common Stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. It reflects a standard executive compensation practice, indicating confidence in the executive's continued contribution to the company.

Positives

• The RSU grant aligns the executive's interests with the long-term performance of the company.
• The vesting schedule encourages continued service and commitment from the CTO.

Risks

• The value of the RSUs is tied to the performance of Xometry's stock, which can be volatile.
• The vesting is contingent on continuous service, meaning the executive must remain employed to realize the full value of the grant.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

Stock grants are a common form of executive compensation in the technology industry, used to incentivize performance and retain key personnel.

Stakeholder Impact

• The RSU grant could positively impact shareholder value if it motivates the executive to improve company performance.
• Employees may view the grant as a positive sign of the company's commitment to its leadership.

Key Dates