STOCK TITAN

Latch grants director 545,833 RSUs in 2026

Latch, Inc. granted director Rishi Raju over half a million RSUs that vest by the 2027 director election, 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. Rishi Raju reported acquisition or exercise transactions in this Form 4 filing.

Latch, Inc. (LTCH) reported that director Rishi Raju received a grant of 545,833 shares of Common Stock in the form of RSUs on September 8, 2026. These RSUs vest in full on the earlier of the one-year anniversary of the grant date or immediately prior to the election of directors at the 2027 annual meeting, subject to his continued Board service. Following this award, he holds 735,268 shares directly.

Positive

  • None.

Negative

  • None.
Insider Rishi Raju
Role Director
Type Security Shares Price Value
Grant/Award Common Stock F1 545,833 $0.00 $0.00
Holdings After Transaction: Common Stock — 735,268 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 shares Restricted stock units granted to director Rishi Raju on September 8, 2026
Transaction price per share $0.00 Price per share for the RSU grant to Rishi Raju
Shares held after transaction 735,268 shares Direct holdings of Latch, Inc. common stock by Rishi Raju after the award
Vesting horizon 1 year RSUs vest on the earlier of one year from September 8, 2026 or before the 2027 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.
vest in full financial
"The RSUs vest in full on the earlier of (i) the one-year anniversary"
annual meeting of stockholders financial
"immediately prior to the election of the nominees for director at the Issuer's 2027 annual meeting of stockholders"

FAQ

What did Latch, Inc. (LTCH) disclose about director Rishi Raju’s equity award?

Latch, Inc. disclosed that director Rishi Raju received a grant of 545,833 RSUs on September 8, 2026. The RSUs vest in full on the earlier of the one-year anniversary of the grant or immediately before the 2027 director election, contingent on continued Board service.

How many Latch (LTCH) shares does Rishi Raju own after this Form 4 transaction?

After the RSU grant reported on this Form 4, Rishi Raju is shown as directly holding 735,268 shares of Latch, Inc. common stock, assuming settlement of the reported award as indicated in the filing.

What are the vesting terms of the RSUs granted to Latch (LTCH) director Rishi Raju?

The 545,833 RSUs granted to director Rishi Raju on September 8, 2026 vest in full on the earlier of (i) the one-year anniversary of the grant date or (ii) immediately prior to the election of nominees for director at Latch’s 2027 annual meeting, subject to continued Board service.

Did Latch (LTCH) indicate a purchase price for Rishi Raju’s RSU grant?

The Form 4 lists a transaction price per share of $0.00 for the 545,833 RSUs granted to director Rishi Raju, reflecting that this was a compensatory equity award rather than an open-market purchase.

Was Rishi Raju’s Latch (LTCH) RSU grant made under a Rule 10b5-1 trading plan?

The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed for this filing, and the related footnote describes only the RSU grant and vesting terms, not a pre-arranged trading plan.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
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*
Rishi Raju

(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$0.00735,268D
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)

Keep reading