Azevedo Roy 4
Research Summary
AI-generated summary
Xometry (XMTR) Director Roy Azevedo Receives RSU Award
What Happened
Roy Azevedo, a director of Xometry, received two restricted stock unit (RSU) awards on March 10, 2026, totaling 4,989 RSUs (3,681 RSUs and 1,308 RSUs). The filing reports an acquisition price of $0 for both grants (common for equity awards). These were grants/awards (transaction code A), not open-market purchases or sales.
Key Details
- Transaction date: 2026-03-10; Form 4 filed: 2026-03-12 (filed within the standard two-business-day window).
- Grants: 3,681 RSUs (F1/F2) and 1,308 RSUs (F3); each RSU represents the right to one share of Class A common stock (F2).
- Vesting: 3,681 RSUs vest in full on January 1, 2027, subject to continuous service (F1). The 1,308 RSUs vest in four equal quarterly installments beginning April 1, 2026, subject to continuous service (F3).
- Shares owned after the transaction: not disclosed in this Form 4.
- No 10b5-1 plan, tax withholding, or cashless-sale indication is reported in the filing.
Context
RSU grants are compensation awards that convert to company shares only if and when vesting conditions are met; they are not immediate purchases and do not by themselves indicate buying or selling intent. Because these are director compensation awards, they are typically part of governance/retention programs rather than market timing moves.