Latch, Inc.: chief strategy & legal officer Patel Priyen N sold 36,676 shares

What happened Patel Priyen N, chief strategy & legal officer, had 36,676 shares disposed to satisfy tax withholding obligations; the Form 4 shows the shares were disposed at $0.19 for $6,968 on Sep 30, 2026.

Key details

• transaction date and price: Sep 30, 2026 at $0.19 per share
• shares disposed: 36,676
• total reported value: $6,968
• transaction code: F (payment of exercise price or tax liability)
• footnote F1: shares were withheld by the issuer to satisfy tax withholding obligations in connection with the vesting and settlement of restricted stock units
• shares owned after the transaction: not reported in the filing
• Form 4 filed on Oct 2, 2026; no late filing indicated

Why it may matter The filing shows a tax-withholding disposition tied to RSU vesting rather than an open-market sale. A filing does not show why the insider traded or why the company acted.