Latch grants 1.25M RSUs to product & tech chief

Latch, Inc. (LTCH) reported insider equity compensation activity for Chief Product & Technology Officer Ryan D. Salmons.

Rhea-AI Filing Summary

Latch, Inc. (LTCH) reported insider equity compensation activity for Chief Product & Technology Officer Ryan D. Salmons. On August 24, 2026, Salmons was granted 1,250,000 restricted stock units (RSUs), each representing one share of common stock upon vesting. These RSUs vest in twelve substantially equal quarterly installments over three years, starting March 31, 2026, subject to continued service. On the same date, 29,952 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

2 transactions reported

Mixed 2 txns

Insider Salmons Ryan D

Role Chief Prod. & Tech. Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock F1	1,250,000	$0.00	$0.00
Tax Withholding	Common Stock F2	29,952	$0.15	$4K

Holdings After Transaction: Common Stock — 1,648,174 shares (Direct)

Footnotes (2)

1. F1. The Reporting Person was granted 1,250,000 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: 1,250,000 RSUs RSU vesting schedule: 12 quarterly installments over 3 years Shares withheld for taxes: 29,952 shares +4 more

7 metrics

RSUs granted 1,250,000 RSUs Restricted stock units granted to Ryan D. Salmons on August 24, 2026

RSU vesting schedule 12 quarterly installments over 3 years Vesting begins March 31, 2026, subject to continued service

Shares withheld for taxes 29,952 shares Common shares withheld to satisfy tax withholding on RSU vesting

Withholding price per share $0.15 per share Price used for shares withheld under transaction code F

Vesting commencement date March 31, 2026 Start date for quarterly vesting of RSUs

Grant approval date August 24, 2026 Date the 1,250,000 RSU grant was approved

ExercisePriceOrTaxLiabilityShares 29,952 shares Total shares used for payment of tax liability in this filing

Key Terms

restricted stock units, RSUs, vesting, transaction code F, +1 more

5 terms

restricted stock units financial

"The Reporting Person was granted 1,250,000 restricted stock units ("RSUs")."

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.

RSUs financial

"Each RSU represents a contingent right to receive one share"

RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.

vesting financial

"upon vesting. The RSUs vest in twelve substantially equal quarterly installments"

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.

transaction code F financial

"transaction_code": "F","transaction_type": "non-derivative""

tax withholding obligations financial

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

FAQ

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

What insider equity award did LTCH grant to Ryan D. Salmons?

Latch, Inc. granted Ryan D. Salmons 1,250,000 RSUs on August 24, 2026. Each RSU represents a contingent right to receive one share of common stock upon vesting over a three-year period in twelve quarterly installments, starting March 31, 2026.

How do the new RSUs for LTCH’s officer vest over time?

The 1,250,000 RSUs granted to Ryan D. Salmons vest in twelve substantially equal quarterly installments over three years. Vesting commences on March 31, 2026, with quarterly vesting thereafter, subject to his continued service through each vesting date.

Were any LTCH shares disposed of in this Form 4 filing?

Yes. 29,952 shares of Latch, Inc. common stock were disposed of on August 24, 2026 under transaction code F. These shares were withheld by the issuer to satisfy tax withholding obligations related to the vesting and settlement of RSUs at $0.15 per share.

Is the LTCH insider transaction part of a Rule 10b5-1 trading plan?

No. The filing indicates the Rule 10b5-1 checkbox is not affirmed (aff_10b5_one is false), and the footnotes describe the activity as an RSU grant and tax withholding, not trades executed under a pre-arranged trading plan.

What role does Ryan D. Salmons hold at LTCH in this Form 4?

Ryan D. Salmons is identified as an officer of Latch, Inc., serving as Chief Prod. & Tech. Officer. The reported transactions relate to his equity compensation in the form of RSUs and associated tax withholding.

What does transaction code F mean in the LTCH Form 4?

In this LTCH Form 4, transaction code F represents payment of tax liability by delivering or withholding securities. Specifically, 29,952 shares were withheld by the issuer to satisfy tax withholding obligations on RSU vesting and settlement.

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

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Available on EDGAR 08/26/2026 - 06:31 PM EDT Accepted by SEC EDGAR 08/26/2026 - 06:30 PM EDT 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)
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		1,250,000(1)	A	$0.00	1,678,126	D
Common Stock	08/24/2026		F		29,952(2)	D	$0.15	1,648,174	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 1,250,000 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)