Dutt Subir 4
Research Summary
AI-generated summary
Xometry (XMTR) CSO Subir Dutt Receives RSUs, Sells Shares
What Happened
Subir Dutt, Chief Sales Officer of Xometry (XMTR), had 26,124 restricted stock units (RSUs vest) on Feb 24, 2026 (these RSUs were part of a March 2025 grant and 1/3 vested). Following the vesting, Dutt sold a total of 2,410 shares in open-market transactions on Feb 26, 2026, at weighted-average prices of $41.19, $43.37 and $44.31, generating aggregate proceeds of approximately $104,764. The award entry is reported as an acquisition at $0.00 because these were RSUs converting to shares upon vesting.
Key Details
- Award: 26,124 RSUs vested on Feb 24, 2026 (this represented 1/3 of the original performance-based grant; remaining shares vest Feb 24, 2027 and Feb 24, 2028 subject to continued service).
- Sales (open market, Feb 26, 2026):
- 183 shares @ weighted avg $41.19 (prices ranged $41.17–$41.82) — proceeds ~$7,539.
- 1,550 shares @ weighted avg $43.37 (prices ranged $42.88–$43.80) — proceeds ~$67,225.
- 677 shares @ weighted avg $44.31 (prices ranged $43.97–$44.69) — proceeds ~$30,000.
- Total shares sold: 2,410; total proceeds: approx. $104,764.
- Footnotes: filing indicates RSUs were performance-based and certified by the board; some sales were executed under a pre-existing Rule 10b5-1 trading plan and some shares were sold to cover tax-withholding obligations. Weighted-average prices and price ranges are disclosed for the multiple trades.
- Filing date: Feb 26, 2026 (covers events Feb 24–26, 2026). The filing shows no indication of a late report.
Context
These transactions reflect routine post-vesting activity: RSUs vested (an award/acquisition event) and some resulting shares were sold — partly to satisfy tax-withholding and partly under a pre-established 10b5-1 plan. Such automatic or tax-related sales are common after RSU vesting and do not, by themselves, indicate personal buying or selling sentiment.