Form 4: Xometry Inc. Executive Subir Dutt Reports Acquisition of 19,506 Shares of Class A Common Stock

Subir Dutt, Chief Sales Officer of Xometry, Inc., reports the acquisition of 19,506 shares of Class A Common Stock through a restricted stock unit (RSU) grant.

Summary

• On March 11, 2025, Subir Dutt, Chief Sales Officer of Xometry, Inc., acquired 19,506 shares of Class A Common Stock.
• This acquisition was through a restricted stock unit (RSU) grant.
• One quarter of the shares underlying the RSUs will vest on January 1, 2026, with the remainder vesting quarterly over the following 3 years, contingent upon continuous service.
• Each RSU represents a contingent right to receive one share of Xometry's Class A Common Stock.
• Following the transaction, Dutt beneficially owns 66,370 shares of Class A Common Stock.

Sentiment

Score: 7

Explanation: The document reflects a routine executive compensation event, suggesting stability and alignment of interests. The sentiment is neutral to slightly positive.

Positives

• The RSU grant aligns the executive's interests with the long-term performance of the company.
• Increased share ownership by a key executive can signal confidence in the company's future prospects.

Future Outlook

The vesting schedule of the RSUs extends over three years, indicating a long-term commitment from the executive.

Industry Context

Executive compensation through stock grants is a common practice in the tech industry to incentivize performance and retain key personnel.

Comparison to Industry Standards

• Stock-based compensation is a standard practice among publicly traded technology companies like Xometry.
• Companies such as Autodesk, Ansys, and Stratasys also utilize RSUs and stock options to align executive incentives with shareholder value.
• The vesting schedule of Xometry's RSUs is typical, with quarterly vesting over a three to four-year period being a common structure.

Stakeholder Impact

• The RSU grant aligns executive interests with shareholder value, potentially encouraging decisions that benefit shareholders.
• Employees may view the grant positively, as it reflects the company's investment in its leadership.

Key Dates