Xometry (XMTR) CSO sells 7,500 shares in planned Rule 10b5-1 trades
Rhea-AI Filing Summary
Xometry, Inc. Chief Sales Officer Subir Dutt reported open-market sales of 7,500 shares of Class A Common Stock. The transactions occurred on May 11 and May 13 at weighted average prices around $79.51, $80.02, and $85.00 per share.
After these sales, Dutt directly holds 102,232 shares. The filing states the trades were effected automatically under a pre-arranged Rule 10b5-1 trading plan adopted at least 90 days before the trading dates, and notes that prices reflect weighted averages across multiple individual trades within disclosed price ranges.
Positive
- None.
Negative
- None.
Insights
Routine net insider selling of 7,500 shares under a 10b5-1 plan.
Chief Sales Officer Subir Dutt executed three open-market sales totaling 7,500 shares of Xometry, Inc. Class A Common Stock. Prices ranged from about $78.84 to $85.00, with reported figures given as weighted average sale prices.
The filing shows Dutt retaining 102,232 shares after the transactions, indicating that only a small portion of his direct holdings was sold. The footnotes state that these trades were carried out automatically under a Rule 10b5-1 trading plan adopted at least 90 days earlier, suggesting a pre-scheduled diversification or liquidity program rather than discretionary market timing.
Because the sales are modest relative to remaining ownership and occur under a pre-arranged plan, they typically carry limited informational value about management’s current view of the business. Future company filings may provide additional context on any further plan-driven transactions or changes in overall insider ownership levels.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 2,500 | $85.00 | $213K |
| Sale | Class A Common Stock | 1,610 | $79.5131 | $128K |
| Sale | Class A Common Stock | 3,390 | $80.0229 | $271K |
Footnotes (1)
- Represents shares sold in a transaction that was effected automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person at least 90 days prior to the trading date. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $78.84 to $79.795, inclusive. The reporting person undertakes to provide to Xometry, Inc., any security holder of Xometry, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price in the ranges set forth in footnotes (2) and (3) to this Form 4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $79.84 to $80.45, inclusive.