Xometry (XMTR) CFO receives 29,064 RSU grant with multi-year vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Xometry, Inc. Chief Financial Officer James Miln received an equity grant in the form of restricted stock units representing 29,064 shares of Class A common stock. Each RSU converts into one share when it vests, providing stock-based compensation rather than cash.
According to the vesting schedule, one quarter of the RSUs will vest on January 1, 2027, and the remaining units will vest quarterly over the following three years, as long as he continues in service. After this grant, Miln directly holds 189,915 shares of Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Miln James
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 29,064 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 189,915 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 CFO James Miln?
Xometry reported that CFO James Miln received a grant of 29,064 restricted stock units. These RSUs are stock-based compensation that convert into Class A common shares as they vest over time, rather than a cash salary payment.
What is the vesting schedule for the 29,064 Xometry (XMTR) RSUs granted to the CFO?
One quarter of the RSUs will vest on January 1, 2027. The remaining shares then vest in equal quarterly installments over the next three years, contingent on James Miln’s continued service with the company throughout that period.
Are the newly granted Xometry (XMTR) RSUs immediately owned as common stock?
No, the RSUs are a contingent right to receive Xometry Class A common shares. They convert into actual shares only as they vest according to the schedule, assuming the executive remains in continuous service during that timeframe.
Does this Xometry (XMTR) Form 4 indicate a stock purchase or sale by the CFO?
The Form 4 reflects an equity grant classified as an acquisition under a grant or award code. It does not report an open-market stock purchase or sale, but rather compensation in the form of restricted stock units that vest over time.