ISPO Form 4: Payam Zamani Reports 20,000-Share Purchase and Multi-Million Holdings
Rhea-AI Filing Summary
Inspirato Inc. insider filing shows CEO and director Payam Zamani purchased shares and reports existing holdings. The Form 4 discloses that on 08/26/2025 Mr. Zamani acquired 20,000 shares of Class A common stock at a weighted-average price of $2.96 per share. After the transaction, 1,170,000 shares are reported as directly beneficially owned and 4,288,928 shares are reported as indirectly beneficially owned, with a footnote explaining 300,000 of those shares are held by an affiliated entity controlled by One Planet Group and Mr. Zamani. The form was signed by Brent Wadman by power of attorney on 08/27/2025.
Positive
- CEO acquired 20,000 Class A shares on 08/26/2025 at a weighted-average price of $2.96 per share.
- Filing discloses direct and indirect beneficial ownership, including explanation of affiliated-entity holdings (300,000 shares).
Negative
- None.
Insights
TL;DR: CEO purchased 20,000 Class A shares at a weighted average of $2.96, while reporting multi-million share indirect holdings.
The filing records a small open-market acquisition by the CEO on 08/26/2025 and clarifies total direct and indirect beneficial ownership. The purchase price range ($2.90–$3.06) is disclosed in a footnote as a weighted average of multiple trades. From an analytical perspective, the transaction is a clear insider buy but appears modest relative to the reported multi-million share position, limiting its standalone materiality.
TL;DR: Disclosure properly identifies direct and indirect ownership and affiliated-entity holdings, with required footnote detail.
The Form 4 includes the required breakdown of direct versus indirect ownership and explains the affiliation with One Planet Group and an affiliated entity holding 300,000 shares. Signatory authority is documented (power of attorney). The filing appears procedurally complete and transparent about the nature of beneficial ownership.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock | 20,000 | $2.96 | $59K |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- Reflects a weighted average purchase price. These shares were bought in multiple transactions at prices ranging from $2.90 to $3.06. 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. 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 entity controlled by One Planet Group and its President and CEO, Mr. Zamani (the "Affiliated Entity"). In such capacity, Mr. Zamani has voting and dispositive power over the securities that are held by One Planet Group and the Affiliated Entity. 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.