Latch director granted 545,833 RSUs in 2026
Director Smith J. Allen received a sizable RSU grant from Latch, Inc., vesting by the 2027 annual meeting, increasing his direct equity stake.
Rhea-AI Filing Summary
Latch, Inc. (symbol: LTCH) is the issuer of record for a Form 4 filing submitted to the SEC. Smith J. Allen reported acquisition or exercise transactions in this Form 4 filing.
Latch, Inc. (LTCH) reported that director Smith J. Allen received a grant of 545,833 restricted stock units (RSUs) of common stock on September 8, 2026. These RSUs vest in full on the earlier of the one-year anniversary of the grant date or immediately before the election of director nominees at the 2027 annual meeting, subject to his continued Board service. Following this equity award, he holds 831,483 shares/RSUs directly. No transactions are reported under a Rule 10b5-1 trading plan.
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 545,833 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents restricted stock units ("RSUs") granted to the reporting person on September 8, 2026. The RSUs vest in full on the earlier of (i) the one-year anniversary of the grant date or (ii) immediately prior to the election of the nominees for director at the Issuer's 2027 annual meeting of stockholders, subject to the Reporting Person's continued service on the Board through the applicable vesting date.
Key Figures
Key Terms
restricted stock units financial
annual meeting of stockholders financial
continued service on the Board financial
FAQ
What insider transaction did Latch, Inc. (LTCH) report for director Smith J. Allen?
How do the new RSUs for LTCH’s director Smith J. Allen vest?
What is Smith J. Allen’s total direct equity position in LTCH after this Form 4 transaction?
Was the LTCH Form 4 transaction made under a Rule 10b5-1 trading plan?
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