Latch (LTCH) Director Patricia Han Receives RSU Award

What Happened

• Patricia Han, a director of Latch, Inc. (LTCH), received a grant of 545,833 restricted stock units (RSUs) on September 8, 2026.
• The RSUs were reported at a grant price of $0.00 (no cash paid on grant). This is an award/grant, not a purchase or sale.

Key Details

• Transaction date: 2026-09-08; Form 4 filed: 2026-09-10. (Filed two business days after the grant—appears timely under Form 4 rules.)
• Amount: 545,833 RSUs; reported acquisition value on the Form 4: $0.00 (typical for RSU grants, which convert to shares only upon vesting).
• Shares owned after transaction: Not specified in the provided filing details.
• Footnote: The RSUs vest in full on the earlier of (i) the one-year anniversary of the grant (Sept 8, 2027) or (ii) immediately prior to the election of directors at the Issuer’s 2027 annual meeting, subject to continued Board service by Ms. Han.
• No indication of a 10b5-1 plan, tax-withholding sale, or late filing was noted in the supplied data.

Context

• RSUs are a form of compensation that convert into actual shares only when they vest; they are not an immediate cash purchase or sale and therefore are not a direct bullish/sell signal by themselves.
• Director RSU grants are common as part of board compensation; value will be realized (and taxable) when/if the RSUs vest and are settled into shares.