HAN PATRICIA 4

What Happened

• Patricia Han, a director of Latch, Inc. (LTCH), was granted 499,612 fully vested shares of the company's common stock on July 1, 2026. The award was reported on a Form 4 filed July 6, 2026. The shares were issued at $0.00 (no cash paid).

Key Details

• Transaction date: July 1, 2026; Filing date: July 6, 2026 (appears to be filed after the typical two-business-day Form 4 deadline).
• Transaction type/code: Award/Grant (A).
• Shares involved: 499,612 shares issued; reported acquisition price $0.00.
• Shares owned after transaction: Not specified in the provided filing.
• Footnote: The grant represents equity compensation for 2023 and 2024 director pay that the company previously could not grant because it was non‑current in its SEC reporting (per footnote F1).

Context

• This was a grant of fully vested shares to a non-employee director (routine director compensation), not an open-market purchase or sale, and therefore does not directly signal a buy or sell decision by the insider.
• The filing delay may be relevant to timing transparency; otherwise, the award reflects delayed fulfillment of prior compensation obligations.