Latch CRO adds 400,000 stock options in Form 3/A

Latch, Inc. filed an amended Form 3 for Chief Revenue Officer James M. Malone to include a previously omitted stock option.

Rhea-AI Filing Summary

Latch, Inc. filed an amended Form 3 for Chief Revenue Officer James M. Malone to include a previously omitted stock option. The amendment adds disclosure of a stock option granted on February 5, 2025, covering 400,000 shares of underlying Common Stock at an exercise price of $0.17 per share.

The option expires on February 5, 2035 and will vest one-third on the first anniversary of the grant date, then in equal quarterly installments until the third anniversary. The amendment states that no other changes were made to information previously reported, and there is no new buy or sell transaction.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Malone James M

Role Chief Revenue Officer

Type	Security	Shares	Price	Value
holding	Stock Option	--	--	--

Holdings After Transaction: Stock Option — 400,000 contracts (Direct)

Footnotes (3)

1. F1. The stock option was granted on February 5, 2025.
2. F2. The stock option will vest 1/3 on the first anniversary of the grant date and in equal quarterly installments thereafter until the third anniversary.
3. F3. This Form 3/A amends the Form 3 originally filed on April 17, 2026. The amendment is being filed solely to include 400,000 shares of Common Stock underlying a stock option granted on February 5, 2025, which were inadvertently omitted from the original filing. No other changes have been made to information previously reported.

Key Figures

Underlying option shares: 400,000 shares Exercise price: $0.17 per share Option expiration: February 5, 2035 +1 more

4 metrics

Underlying option shares 400,000 shares Common Stock underlying stock option granted February 5, 2025

Exercise price $0.17 per share Exercise price of stock option granted February 5, 2025

Option expiration February 5, 2035 Expiration date of Malone’s stock option

Post-report option position 400,000 options Total stock options reported as direct holdings after amendment

Key Terms

Stock Option, vest, Form 3/A, underlying Common Stock

4 terms

Stock Option financial

"The stock option was granted on February 5, 2025."

A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.

vest financial

"The stock option will vest 1/3 on the first anniversary of the grant date"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

Form 3/A regulatory

"This Form 3/A amends the Form 3 originally filed on April 17, 2026."

An amended Form 3 (Form 3/A) is a corrected or updated disclosure filed with regulators that revises an insider’s initial report of their ownership in a public company — typically for officers, directors or large shareholders. Investors use it like a corrected inventory list: it clarifies who owns how many shares and whether earlier reports had errors, helping assess insider confidence, possible conflicts and the accuracy of ownership records that can affect stock valuation and trust.

underlying Common Stock financial

"include 400,000 shares of Common Stock underlying a stock option granted"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Latch (LTCH) disclose in James Malone’s amended Form 3?

Latch reported an amended Form 3 for Chief Revenue Officer James M. Malone. It adds a stock option for 400,000 shares of Common Stock granted February 5, 2025 at a $0.17 exercise price, which had been omitted from the original filing.

How many shares are covered by James Malone’s Latch (LTCH) stock option?

The stock option disclosed for James M. Malone covers 400,000 shares of underlying Common Stock. These shares are tied to a single option grant issued on February 5, 2025, with an exercise price of $0.17 per share and a 2035 expiration date.

What is the vesting schedule of James Malone’s Latch (LTCH) stock option?

The option vests one-third on the first anniversary of the February 5, 2025 grant date. The remaining two-thirds vest in equal quarterly installments until the third anniversary, creating a three-year vesting period tied to continued service.

When does James Malone’s Latch (LTCH) stock option expire?

The stock option for James M. Malone expires on February 5, 2035. This gives a long-dated window during which vested portions can be exercised at the fixed $0.17 per-share exercise price, subject to standard plan and employment conditions.

Why did Latch (LTCH) file an amendment to James Malone’s Form 3?

The amendment was filed solely to add 400,000 shares underlying a stock option granted February 5, 2025. Those option shares were inadvertently omitted from the original Form 3, and the company states no other previously reported information was changed.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/22/2026 - 07:50 AM EDT Learn about SEC filing dates

SEC Form 3

FORM 3

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

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Malone James M

(Last) (First) (Middle)

C/O LATCH, INC.

1220 N PRICE RD, SUITE 2

(Street)

OLIVETTE MISSOURI 63132

(City) (State) (Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
04/10/2026

3. Issuer Name and Ticker or Trading Symbol
Latch, Inc. [ LTCH ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)
04/17/2026

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

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

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 Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option(1)	(2)	02/05/2035	Common Stock	400,000(3)	$0.17	D

Explanation of Responses:

1. The stock option was granted on February 5, 2025.

2. The stock option will vest 1/3 on the first anniversary of the grant date and in equal quarterly installments thereafter until the third anniversary.

3. This Form 3/A amends the Form 3 originally filed on April 17, 2026. The amendment is being filed solely to include 400,000 shares of Common Stock underlying a stock option granted on February 5, 2025, which were inadvertently omitted from the original filing. No other changes have been made to information previously reported.

	/s/ Priyen Patel, Attorney-in-fact	06/22/2026
	** 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 5 (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.
* Form 3: SEC 1473 (03-26)