Latch (LTCH) grants CFO 1.75M RSUs with 3-year vesting

Rhea-AI Filing Summary

Latch, Inc. (LTCH) reported that Chief Financial Officer Jeffrey M. Mayfield received a grant of 1,750,000 restricted stock units (RSUs), each representing one share of common stock upon vesting. The RSUs vest in twelve substantially equal quarterly installments over a three-year period starting March 31, 2026, subject to continued service. On the same date, 42,364 shares of common stock were withheld at $0.15 per share to satisfy tax withholding obligations related to RSU vesting and settlement.

Insider Trade Summary

Net Buyer: 1,707,636 shares

Net Buy 2 txns

Insider Mayfield Jeffrey M

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock F1	1,750,000	$0.00	$0.00
Tax Withholding	Common Stock F2	42,364	$0.15	$6K

Holdings After Transaction: Common Stock — 1,803,018 shares (Direct)

Footnotes (2)

1. F1. The Reporting Person was granted 1,750,000 restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's common stock upon vesting. The RSUs vest in twelve substantially equal quarterly installments over a three-year period, with a vesting commencement date of March 31, 2026 and quarterly vesting thereafter, subject to the Reporting Person's continued service through each applicable vesting date. The grant was approved on August 24, 2026.
2. F2. Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting and settlement of RSUs.

Key Figures

RSUs granted: 1,750,000 RSUs Vesting installments: 12 quarterly installments Vesting commencement date: March 31, 2026 +3 more

6 metrics

RSUs granted 1,750,000 RSUs Restricted stock units granted to CFO Jeffrey M. Mayfield on August 24, 2026

Vesting installments 12 quarterly installments RSUs vest in twelve substantially equal quarterly installments over three years

Vesting commencement date March 31, 2026 Start date for quarterly vesting of RSUs, subject to continued service

Vesting period 3 years Total period over which RSUs vest in quarterly installments

Shares withheld for taxes 42,364 shares Shares of common stock withheld to satisfy tax withholding obligations on RSU vesting

Tax withholding price per share $0.15 per share Value used for shares withheld under transaction code F

Key Terms

restricted stock units ("RSUs"), vesting, substantially equal quarterly installments, tax withholding obligations, +1 more

5 terms

restricted stock units ("RSUs") financial

"The Reporting Person was granted 1,750,000 restricted stock units ("RSUs")."

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

vesting financial

"Each RSU represents a contingent right to receive one share ... upon vesting."

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

substantially equal quarterly installments financial

"The RSUs vest in twelve substantially equal quarterly installments over a three-year period"

tax withholding obligations financial

"Represents shares withheld by the Issuer to satisfy tax withholding obligations"

Payment of tax liability by delivering or withholding securities financial

"transaction_code_description: Payment of tax liability by delivering or withholding securities"

FAQ

What equity award did LTCH grant to CFO Jeffrey M. Mayfield?

Latch, Inc. granted Jeffrey M. Mayfield 1,750,000 RSUs, each representing a contingent right to receive one share of common stock upon vesting, as disclosed in the Form 4.

What is the vesting schedule for Jeffrey Mayfield’s LTCH RSUs?

The 1,750,000 RSUs vest in twelve substantially equal quarterly installments over a three-year period, with vesting commencing on March 31, 2026 and continuing quarterly, subject to his continued service.

Why were 42,364 LTCH shares disposed of in this Form 4?

42,364 shares of Latch, Inc. common stock were withheld by the issuer to satisfy tax withholding obligations in connection with the vesting and settlement of RSUs, reported under transaction code F.

At what price were the LTCH shares withheld for tax purposes?

The 42,364 shares withheld to cover tax obligations were valued at $0.15 per share, consistent with a code F transaction for payment of tax liability by delivering or withholding securities.

Does the Form 4 show Jeffrey Mayfield’s total LTCH holdings after these transactions?

No. The Form 4 reports the RSU grant and the 42,364 shares withheld for taxes, but the fields for total shares following the transactions are not populated in this filing.

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Available on EDGAR 08/26/2026 - 06:33 PM Accepted by SEC EDGAR 08/26/2026 - 06:33 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^*

Mayfield Jeffrey 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. 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 Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/24/2026

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	08/24/2026		A		1,750,000(1)	A	$0.00	1,845,382	D
Common Stock	08/24/2026		F		42,364(2)	D	$0.15	1,803,018	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. The Reporting Person was granted 1,750,000 restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's common stock upon vesting. The RSUs vest in twelve substantially equal quarterly installments over a three-year period, with a vesting commencement date of March 31, 2026 and quarterly vesting thereafter, subject to the Reporting Person's continued service through each applicable vesting date. The grant was approved on August 24, 2026.

2. Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting and settlement of RSUs.

	/s/ Priyen Patel, Attorney-in-fact	08/26/2026
	** 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)