Latch (LTCH) Director Robert J. Speyer Receives RSU Award

What Happened
Robert J. Speyer, a director of Latch, Inc. (LTCH), was granted 545,833 restricted stock units (RSUs) on September 8, 2026. The filing reports the acquisition price as $0 (transaction code A — Award/Grant), so the reported aggregate value is $0. The RSUs are subject to vesting conditions tied to continued board service and the timing of the 2027 annual meeting (see footnote F1).

Key Details

• Transaction date: 2026-09-08; Form 4 filed 2026-09-10 (appears timely).
• Security and amount: 545,833 RSUs granted; price per share reported $0; aggregate reported value $0.
• Vesting: RSUs vest in full on the earlier of (i) one-year anniversary of grant or (ii) immediately prior to the election of nominees at the 2027 annual meeting, subject to continued service (F1).
• Ownership after transaction: The filing does not disclose total shares owned following this grant.
• Beneficial ownership notes: Footnotes F2 and F3 describe entities (Tishman Speyer-related entities and investment vehicles) through which the reporting person may share voting or investment power; Speyer disclaims beneficial ownership except for any pecuniary interest.

Context
This is a non-cash equity award to a director as compensation for service rather than an open-market purchase or sale. Such grants are routine for board members and reflect compensation practices, not an explicit market sentiment signal. The filing uses standard award language and includes disclaimers about indirect ownership through related entities.