STOCK TITAN

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.

(Neutral)
(Neutral)
Form Type
4

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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Insider Smith J. Allen
Role Director
Type Security Shares Price Value
Grant/Award Common Stock F1 545,833 $0.00 $0.00
Holdings After Transaction: Common Stock — 831,483 shares (Direct)
Footnotes (1)
  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.
RSUs granted 545,833 units Restricted stock units granted to director Smith J. Allen on September 8, 2026
Price per RSU $0.00 per share Stated grant price for the 545,833 RSUs awarded as director compensation
Holdings after transaction 831,483 shares/RSUs Total direct position of Smith J. Allen in Latch, Inc. common stock after the grant
Vesting period Up to 1 year RSUs vest on the earlier of one year from September 8, 2026 or before the 2027 annual meeting director election
restricted stock units financial
"Represents restricted stock units ("RSUs") 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.
annual meeting of stockholders financial
"immediately prior to the election of the nominees for director at the Issuer's 2027 annual meeting of stockholders"
continued service on the Board financial
"subject to the Reporting Person's continued service on the Board through the applicable vesting date"

FAQ

What insider transaction did Latch, Inc. (LTCH) report for director Smith J. Allen?

Latch, Inc. reported that director Smith J. Allen received a grant of 545,833 RSUs of common stock on September 8, 2026. The award was recorded as a grant, award, or other acquisition with no cash price per share stated.

How do the new RSUs for LTCH’s director Smith J. Allen vest?

The 545,833 RSUs granted to Smith J. Allen vest in full on the earlier of one year after September 8, 2026 or immediately prior to the election of nominees for director at Latch’s 2027 annual meeting of stockholders, subject to his continued Board service.

What is Smith J. Allen’s total direct equity position in LTCH after this Form 4 transaction?

After the RSU grant, Smith J. Allen’s total direct holdings are reported as 831,483 shares/RSUs of Latch, Inc. common stock. This figure includes the 545,833 RSUs granted on September 8, 2026.

Was the LTCH Form 4 transaction made under a Rule 10b5-1 trading plan?

No. The filing indicates the Rule 10b5-1 checkbox is not affirmed, so no Rule 10b5-1 trading plan is reported in connection with this RSU grant to director Smith J. Allen.

Did director Smith J. Allen buy or sell any LTCH shares for cash in this Form 4?

No cash purchase or sale is reported. The Form 4 shows a grant of 545,833 RSUs of Latch, Inc. common stock at a stated price of $0.00 per share, reflecting a compensation-related equity award rather than an open-market trade.

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

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Smith J. Allen

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/08/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock09/08/2026A545,833(1)A$0.00831,483D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
/s/ Priyen Patel, Attorney-in-fact09/10/2026
** Signature of Reporting PersonDate
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)

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