Xometry (NASDAQ: XMTR) grants 21,798 RSUs to Chief Sales Officer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dutt Subir reported acquisition or exercise transactions in this Form 4 filing.
Xometry, Inc. Chief Sales Officer Subir Dutt received an equity grant of 21,798 shares of Class A Common Stock in the form of restricted stock units. These RSUs were awarded at no cash cost and are part of his compensation.
One quarter of the RSUs will vest on January 1, 2027, with the remaining shares vesting quarterly over the following three years, as long as he remains in continuous service. After this grant, Dutt holds 110,431 shares of Class A Common Stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Dutt Subir
Role
Chief Sales Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 21,798 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 110,431 shares (Direct)
Footnotes (1)
- Represents a restricted stock unit ("RSU") grant. One quarter (1/4) of the shares underlying the RSUs will vest on January 1, 2027 and the remainder of the shares underlying the RSUs vest quarterly for the 3 years thereafter, subject to the Reporting Person's continuous service. Each RSU represents a contingent right to receive one share of the Class A Common Stock of the Issuer.
FAQ
What insider transaction did Xometry (XMTR) report for Subir Dutt?
Xometry reported that Chief Sales Officer Subir Dutt received a grant of 21,798 restricted stock units of Class A Common Stock. The award carries no purchase price and represents part of his equity-based compensation package from the company.
How do the new RSUs for Xometry (XMTR) executive Subir Dutt vest?
The RSUs vest over several years. One quarter of the 21,798 underlying shares vest on January 1, 2027, and the remaining shares vest in equal quarterly installments over the following three years, contingent on his continued service.
What does each RSU granted to Xometry (XMTR) Chief Sales Officer represent?
Each restricted stock unit granted to Subir Dutt represents a contingent right to receive one share of Xometry’s Class A Common Stock. Shares are only delivered as the RSUs vest according to the specified multi-year schedule.
Is Subir Dutt’s Xometry (XMTR) RSU grant an open-market stock purchase?
No, the transaction is not an open-market purchase. It is a grant of 21,798 restricted stock units awarded at no cash price as compensation, with shares delivered only if the vesting and continuous service conditions are satisfied.