[Form 4] Inspirato Incorporated Insider Trading Activity

Rhea-AI Filing Summary

Arthur, Michael J., identified as Chief Financial Officer and director of Inspirato Inc. (ISPO), reported a non-discretionary sale of 261 shares of Class A common stock on 08/22/2025 under transaction code F(1). The sales were effected to satisfy tax withholding obligations related to RSU vesting and were executed at a weighted average price of $2.96, with individual sale prices reported in the range of $2.94 to $3.. Following the transaction, the reporting person directly beneficially owned 102,931 shares. The Form 4 was signed by an attorney-in-fact on behalf of the reporting person on 08/25/2025.

Positive

• Substantial remaining ownership of 102,931 shares, indicating continued insider stake in the company
• Transaction disclosed as sell-to-cover for RSU tax withholding, which is a routine, non-discretionary reason for the sale

Negative

• Disposition of 261 shares reduces insider holdings marginally
• Price range notation contains a typographical entry ("$3.."), which could require clarification upon request

Insights

Financial Analyst

TL;DR Insiders sold a small number of shares to cover taxes; ownership remains substantial at 102,931 shares.

The filing documents a routine, non-discretionary sell-to-cover transaction tied to restricted stock unit vesting rather than an open-market, discretionary sell order. The size of the disposition — 261 shares — is immaterial relative to the remaining holding of 102,931 shares, suggesting no change to insider exposure or alignment with shareholders. The weighted average sale price reported is $2.96 and the sale was executed across multiple transactions at slightly varying prices.

Corporate Governance Expert

TL;DR Transaction appears procedural for tax withholding; documentation and POA signature are in order.

The Form 4 properly discloses a mandated sell-to-cover action tied to RSU vesting and includes an explanatory footnote and attorney-in-fact signature, indicating compliance with Section 16 reporting. The filing notes availability of detailed per-transaction pricing upon request, which supports transparency. No indication of unusual timing or large-scale insider liquidation is present in this disclosure.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Arthur Michael J

(Last) (First) (Middle)

C/O INSPIRATO INCORPORATED

1544 WAZEE STREET

(Street)

DENVER CO 80202

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Inspirato Inc [ ISPO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/22/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	08/22/2025		F(1)		261	D	$2.96(2)	102,931	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. This transaction was effected pursuant to non-discretionary, sell-to-cover arrangements mandated by the Issuer to fund tax withholding obligations in connection with the vesting of restricted stock units.

2. Reflects a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $2.94 to $3.. The Reporting Person will provide, upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of common shares sold at each separate price.

Remarks:

	/S/ BRENT WADMAN, BY POWER OF ATTORNEY	08/25/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did the Inspirato (ISPO) Form 4 filed by Michael J. Arthur report?

The Form 4 reports a non-discretionary sell-to-cover sale of 261 shares of Class A common stock on 08/22/2025 at a weighted average price of $2.96.

Why were the 261 shares sold by the Inspirato CFO (ISPO)?

The filing states the sales were effected to fund tax withholding obligations in connection with the vesting of restricted stock units.

How many ISPO shares does the reporting person own after the transaction?

Following the transaction the reporting person directly beneficially owned 102,931 shares of Class A common stock.

When was the Form 4 for ISPO signed and by whom?

The Form 4 was signed on behalf of the reporting person by Brent Wadman, by power of attorney, dated 08/25/2025.

What price range were the ISPO shares sold at in the Form 4?

The filing reports a weighted average sale price of $2.96 and states individual sale prices ranged from $2.94 to $3.. with per-transaction details available upon request.