Latch (LTCH) officer has shares withheld to cover RSU tax liability

Rhea-AI Filing Summary

Latch, Inc. Chief Product & Technology Officer Ryan D. Salmons reported a routine tax-withholding transaction related to equity compensation. On June 30, 2026, 11,979 shares of common stock were withheld at $0.19 per share to satisfy tax liabilities on the vesting of 41,667 restricted stock units. The footnote states no shares were sold in the market. After this withholding, Salmons directly owned 428,126 shares of Latch common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Salmons Ryan D

Role Chief Prod. & Tech. Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	11,979	$0.19	$2K

Holdings After Transaction: Common Stock — 428,126 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares withheld for taxes: 11,979 shares Withholding price: $0.19 per share Shares after transaction: 428,126 shares +2 more

5 metrics

Shares withheld for taxes 11,979 shares Common stock withheld June 30, 2026 for tax liability

Withholding price $0.19 per share Price used for tax-withholding disposition of common stock

Shares after transaction 428,126 shares Direct Latch common stock holdings following withholding

RSUs vested 41,667 units Restricted stock units vesting June 30, 2026 triggering taxes

Transaction code F Share disposition to pay tax liability via share delivery

Key Terms

restricted stock units, net share settlement, tax liability, tax-withholding disposition

4 terms

restricted stock units financial

"vesting of 41,667 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.

tax liability financial

"to satisfy tax liability based upon the vesting of 41,667 restricted stock units"

tax-withholding disposition financial

"transaction_action": "tax-withholding disposition""

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/02/2026 - 01:52 PM Accepted by SEC EDGAR 07/02/2026 - 01:51 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^*

Salmons Ryan D

(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 Prod. & Tech. Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026

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	06/30/2026		F		11,979(1)	D	$0.19	428,126	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 vesting of 41,667 restricted stock units that were granted to the reporting person on June 30, 2026. No shares were sold by the reporting person to satisfy this tax liability.

	/s/ Priyen Patel, Attorney-in-fact	07/02/2026
	** 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 Ryan D. Salmons?

Latch reported a routine tax-withholding transaction for Ryan D. Salmons. On June 30, 2026, 11,979 common shares were withheld to cover taxes tied to 41,667 vested restricted stock units, with no shares sold in the open market.

Did the Latch (LTCH) executive sell any shares in this Form 4 filing?

No open-market sale occurred in this filing. The 11,979 Latch common shares were withheld by the company solely to satisfy tax liabilities from vesting restricted stock units, and the footnote explicitly states no shares were sold by the reporting person.

How many Latch (LTCH) shares does Ryan D. Salmons hold after the transaction?

After the tax-withholding transaction, Ryan D. Salmons directly holds 428,126 shares of Latch common stock. This figure reflects his position after 11,979 shares were withheld to cover taxes on the vesting of 41,667 restricted stock units.

What triggered the tax withholding reported in Latch (LTCH) insider Form 4?

The withholding was triggered by the vesting of 41,667 restricted stock units granted to Ryan D. Salmons on June 30, 2026. To satisfy associated tax liabilities, Latch withheld 11,979 common shares through a net share settlement mechanism.

What does a tax-withholding disposition mean in Latch (LTCH) Form 4?

A tax-withholding disposition means shares are retained by the issuer to pay taxes on equity awards. For Latch, 11,979 shares were withheld from Ryan D. Salmons’ vested restricted stock units, with no cash sale into the market by the executive.