ISPO Form 4: CEO Purchase Adds to 1.15M Direct, 4.28M Indirect Holdings

Rhea-AI Filing Summary

Inspirato Inc. Chief Executive Officer Payam Zamani purchased 4,000 shares of Class A common stock on 08/21/2025 at a weighted average price of $2.95 per share. After the reported purchase, Mr. Zamani is shown as directly beneficially owning 1,150,000 shares and indirectly beneficially owning 4,284,928 shares of Class A common stock. The filing uses transaction code "P" indicating a purchase and discloses the weighted average purchase price reflects multiple trades at prices ranging from $2.90 to $2.995. Footnotes state 300,000 of the indirectly held shares are held by an affiliated entity controlled by One Planet Group LLC, over which Mr. Zamani has voting and dispositive power as President and CEO of One Planet Group.

Positive

• CEO purchase disclosed: Payam Zamani acquired 4,000 Class A shares on 08/21/2025, showing insider buying activity.
• Clear governance disclosure: Filing details direct and indirect ownership and the affiliated entity controlled by One Planet Group LLC.

Negative

• None.

Insights

Financial Analyst

TL;DR: CEO purchased a small block (4,000 shares) at ~$2.95, leaving substantial direct and indirect holdings.

The filing documents a routine insider purchase rather than a material change in ownership. The reported direct holding of 1,150,000 shares plus indirect holding of 4,284,928 shares signals significant existing insider ownership, which often aligns management and shareholder interests. The purchased amount (4,000 shares) is small relative to reported holdings and is unlikely to be market-moving but is a data point supporting insider confidence.

Corporate Governance Expert

TL;DR: Transaction is transparent and properly disclosed; indirect ownership details clarify control relationships.

The Form 4 clearly states the reporting person’s roles (Director, 10% owner, CEO) and discloses indirect holdings through One Planet Group LLC, including a 300,000-share affiliated-entity note. Proper disclosure of the weighted average price and the nature of indirect ownership supports governance transparency. The small purchase size suggests no change in control dynamics.

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
Estimated average burden
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^*

Zamani Payam

(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)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	CHIEF EXECUTIVE OFFICER

3. Date of Earliest Transaction (Month/Day/Year)
08/21/2025

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	08/21/2025		P		4,000	A	$2.95(1)	1,150,000	D
Class A Common Stock								4,284,928	I	See footnote(2)

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. Reflects a weighted average purchase price. These shares were purchased in multiple transactions at prices ranging from $2.9 to $2.995. 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.

2. The 4,288,928 shares of Class A common stock referenced in Box 5 includes 300,000 shares of Class A common stock that are held by an affiliated entity (the "Affiliated Entity") control by One Planet Group LLC ("One Planet Group"). In his capacity as President and CEO of One Planet Group, Mr. Zamani has voting and dispositive power over the securities that are held or controlled by one Planet Group. As a result, 3,988,928 shares of Class A common stock may be deemed to be directly beneficially owned by One Planet Group and indirectly beneficially owned by Mr. Zamani, while the 300,000 shares of Class A common stock described above may be deemed to be indirectly beneficially owned by both One Planet Group and Mr. Zamani.

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 Inspirato (ISPO) insider Payam Zamani report on Form 4?

He reported purchasing 4,000 shares of Class A common stock on 08/21/2025 at a weighted average price of $2.95 per share.

How many shares does Payam Zamani beneficially own after this transaction?

He is shown as directly owning 1,150,000 shares and indirectly owning 4,284,928 shares of Class A common stock.

What does the footnote say about the indirect holdings?

Footnote states 300,000 shares are held by an affiliated entity controlled by One Planet Group LLC; Mr. Zamani has voting and dispositive power over those securities.

What transaction code and date are listed on the Form 4?

Transaction code "P" (purchase) with transaction date 08/21/2025.

What price range did the purchased shares trade at?

The weighted average price is $2.95; shares were purchased in multiple transactions at prices ranging from $2.90 to $2.995.