Patel Priyen N 4/A

What Happened Priyen N. Patel, Chief Strategy & Legal Officer of Latch, had 3,447 shares withheld by the company on June 3, 2026, to satisfy tax withholding obligations tied to the net settlement of 11,667 restricted stock units (RSUs). The withholding price reported was $0.14 per share, a total withholding value of about $483. This was a tax-withholding disposition (transaction code F), not an open-market sale by the insider.

Key Details

• Transaction date and price: June 3, 2026 at $0.14 per share (withheld)
• Shares withheld/disposed: 3,447 shares; total value ≈ $483
• RSUs involved: Related to settlement of 11,667 RSUs granted August 5, 2022 (footnote F1)
• Method: Shares were withheld by the issuer to satisfy tax liability; no shares were sold by the reporting person
• Filing status: This is an amended Form 4/A filed June 24, 2026 to correct the post-transaction beneficial ownership reported (original Form 4 filed June 5, 2026) (footnote F2)
• Shares owned after transaction: The amendment corrects this number; the corrected total is not provided in the summary data supplied here

Context A withholding of shares to cover taxes (code F) is a routine corporate process following RSU vesting and does not reflect an insider selling in the open market. For retail investors, tax-withholding dispositions are generally administrative and should not be interpreted as a directional signal about the insider’s view of the company.