Latch (LTCH) director receives 499,612-share equity grant for 2023-24 pay

Rhea-AI Filing Summary

HAN PATRICIA reported acquisition or exercise transactions in this Form 4 filing.

Latch, Inc. granted director Patricia Han 499,612 fully vested shares of common stock as equity compensation. The grant, made on July 1, 2026, covers amounts she was entitled to for 2023 and 2024 under the company’s non-employee director compensation programs. After this award, she directly holds 664,107 common shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider HAN PATRICIA

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	499,612	$0.00	--

Holdings After Transaction: Common Stock — 664,107 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares granted: 499,612 shares Shares owned after grant: 664,107 shares Grant price per share: $0.00 per share +2 more

5 metrics

Shares granted 499,612 shares Fully vested common stock grant dated July 1, 2026

Shares owned after grant 664,107 shares Total direct holdings following the July 1, 2026 award

Grant price per share $0.00 per share Compensation grant, not an open-market purchase

Transaction date July 1, 2026 Date of common stock grant to director Patricia Han

Acquire transactions 1 transaction Form 4 summary shows one acquisition-type transaction

Key Terms

equity compensation, non-employee director compensation programs, fully vested shares, non-current SEC reporting status

4 terms

equity compensation financial

"in respect of equity compensation the reporting person was entitled to receive"

Equity compensation is pay given to employees, executives or contractors in the form of company ownership—such as stock, stock options or restricted shares—rather than just cash. It matters to investors because it can align workers' incentives with shareholders (like paying someone in slices of the same pie they help grow), but it also increases the number of shares outstanding and company expenses, affecting ownership percentages and earnings per share.

non-employee director compensation programs financial

"under the Issuer's non-employee director compensation programs for 2023 and 2024"

fully vested shares financial

"Represents a grant of 499,612 fully vested shares of the Issuer's common stock"

non-current SEC reporting status regulatory

"which the Issuer was previously unable to grant as a result of its non-current SEC reporting status"

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/06/2026 - 04:24 PM Accepted by SEC EDGAR 07/06/2026 - 04:23 PM 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^*

HAN PATRICIA

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026

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)

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	07/01/2026		A		499,612(1)	A	$0	664,107	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 a grant of 499,612 fully vested shares of the Issuer's common stock issued to the reporting person on July 1, 2026, in respect of equity compensation the reporting person was entitled to receive under the Issuer's non-employee director compensation programs for 2023 and 2024, which the Issuer was previously unable to grant as a result of its non-current SEC reporting status.

	/s/ Priyen Patel, Attorney-in-fact	07/06/2026
	** 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) report for Patricia Han?

Latch reported a grant of 499,612 fully vested common shares to director Patricia Han. The award represents equity compensation she was owed for 2023 and 2024 under non-employee director programs, issued once the company’s SEC reporting status allowed.

How many Latch (LTCH) shares does Patricia Han own after this grant?

Following the July 1, 2026 grant, Patricia Han directly owns 664,107 shares of Latch common stock. This total reflects the newly issued 499,612 fully vested shares plus her prior holdings, as disclosed in the Form 4 insider transaction report.

Was the Latch (LTCH) share grant to Patricia Han an open-market purchase?

No, the 499,612 shares were granted as equity compensation, not bought on the market. The Form 4 labels the transaction as a grant or award with no purchase price, reflecting compensation under Latch’s non-employee director programs for 2023 and 2024.

Why was Patricia Han’s Latch (LTCH) equity compensation granted in 2026?

The shares were issued in 2026 because Latch previously could not grant the compensation while it was in a non-current SEC reporting status. Once its reporting status allowed, the company delivered the 2023 and 2024 non-employee director equity awards in fully vested shares.

Are the shares granted to Patricia Han fully vested Latch (LTCH) stock?

Yes, the Form 4 footnote states the 499,612 shares are fully vested common stock. This means the equity compensation for 2023 and 2024 is not subject to additional vesting conditions and is immediately owned outright by the director upon issuance.