Latch (LTCH) officer reports tax withholding of 3,447 shares, updates holdings

Rhea-AI Filing Summary

Latch, Inc. Chief Strategy & Legal Officer Priyen N. Patel reported a routine tax-related share withholding. On settlement of 11,667 restricted stock units granted on August 5, 2022, the issuer withheld 3,447 shares of common stock at $0.14 per share to cover tax liability. The filing notes that no shares were sold by Patel to satisfy this tax obligation, and his directly held beneficial ownership after the transaction is 376,063 shares. This Form 4/A amends a prior filing only to correct the post-transaction share balance.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Patel Priyen N

Role Chief Strategy & Legal Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	3,447	$0.14	$482.58

Holdings After Transaction: Common Stock — 376,063 shares (Direct, null)

Footnotes (1)

1. Represents shares withheld by the Issuer in connection with the reporting person's net share settlement to satisfy tax liability based upon the settlement of 11,667 restricted stock units that were granted to the reporting person on August 5, 2022. No shares were sold by the reporting person to satisfy this tax liability. This Form 4/A amends the Form 4 originally filed on June 5, 2026. The amendment is being filed solely to correct the number of shares of Common Stock beneficially owned by the reporting person following the reported transaction. No other changes have been made to information previously reported.

Key Figures

Shares withheld for taxes: 3,447 shares Withholding price per share: $0.14 per share Shares after transaction: 376,063 shares +1 more

4 metrics

Shares withheld for taxes 3,447 shares Withheld to satisfy tax liability on RSU settlement

Withholding price per share $0.14 per share Value used for tax-withholding disposition

Shares after transaction 376,063 shares Common stock beneficially owned directly after withholding

RSUs settled 11,667 restricted stock units RSUs granted on August 5, 2022 and settled

Key Terms

restricted stock units, net share settlement, beneficially owned, Form 4/A

4 terms

restricted stock units financial

"settlement of 11,667 restricted stock units that were granted to the reporting person"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

net share settlement financial

"in connection with the reporting person's net share settlement to satisfy tax liability"

Net share settlement is a way of paying for financial transactions using only the difference in shares rather than exchanging full amounts of stock or cash. It’s like settling a debt by giving someone the exact number of shares needed to balance the books, making trades quicker and simpler. This method helps reduce the number of shares changing hands, saving time and costs.

beneficially owned financial

"correct the number of shares of Common Stock beneficially owned by the reporting person"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

Form 4/A regulatory

"This Form 4/A amends the Form 4 originally filed on June 5, 2026."

Form 4/A is an amended filing that corrects or updates an earlier Form 4, the mandatory report that insiders (like company executives, directors, or large shareholders) must file when their ownership stakes change. Think of it as an edited receipt showing who bought or sold stock and when; investors use it to track insider confidence, detect potential conflicts, and spot trading patterns that might signal future company prospects.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/24/2026 - 05:03 AM Accepted by SEC EDGAR 06/24/2026 - 05:01 AM Learn about SEC filing dates

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^*

Patel Priyen N

(Last) (First) (Middle)

C/O LATCH, INC.

1220 N PRICE RD, SUITE 2

(Street)

OLIVETTE MISSOURI 63132

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Strategy & Legal Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/03/2026

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

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

4. If Amendment, Date of Original Filed (Month/Day/Year)
06/05/2026

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
Common Stock	06/03/2026		F		3,447	D(1)	$0.14	376,063(2)	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. Represents shares withheld by the Issuer in connection with the reporting person's net share settlement to satisfy tax liability based upon the settlement of 11,667 restricted stock units that were granted to the reporting person on August 5, 2022. No shares were sold by the reporting person to satisfy this tax liability.

2. This Form 4/A amends the Form 4 originally filed on June 5, 2026. The amendment is being filed solely to correct the number of shares of Common Stock beneficially owned by the reporting person following the reported transaction. No other changes have been made to information previously reported.

	/s/ Priyen Patel	06/24/2026
	** 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 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Latch (LTCH) disclose for Priyen Patel?

Latch reported a tax-related share withholding for Chief Strategy & Legal Officer Priyen N. Patel. The company withheld 3,447 common shares to cover taxes upon settlement of 11,667 restricted stock units granted on August 5, 2022, rather than an open-market sale.

Did Priyen Patel sell Latch (LTCH) shares in this Form 4/A filing?

No, the filing states that Priyen Patel did not sell any shares. Instead, 3,447 common shares were withheld by Latch to satisfy tax liabilities triggered by the settlement of 11,667 restricted stock units granted to him on August 5, 2022.

How many Latch (LTCH) shares were withheld for taxes from Priyen Patel?

The Form 4/A shows that 3,447 shares of Latch common stock were withheld at $0.14 per share. This withholding covered Priyen Patel’s tax obligation arising from the net share settlement of 11,667 restricted stock units granted on August 5, 2022.

What is Priyen Patel’s Latch (LTCH) shareholding after this transaction?

After the tax-withholding disposition, Priyen Patel beneficially owns 376,063 shares of Latch common stock directly. This Form 4/A was filed primarily to correct the previously reported post-transaction ownership figure, with no other changes to earlier reported information.

Why was this Latch (LTCH) Form 4/A amended after the original filing?

The amendment was filed solely to correct the number of common shares beneficially owned by Priyen Patel after the tax-withholding transaction. The filing specifies that no other information from the original June 5, 2026 Form 4 has been changed or updated.