Xometry, Inc.·4

Feb 26, 7:24 PM ET

Raghavan Vaidyanathan 4

Research Summary

AI-generated summary

Updated

Xometry (XMTR) CTO Raghavan Vaidyanathan Receives RSUs, Sells Shares

What Happened

  • Raghavan Vaidyanathan, Chief Technology Officer of Xometry, was reported as receiving an award of 30,479 restricted stock units (RSUs) on Feb 24, 2026 (reported value $0). Per the filing, one-third of the RSUs vested on Feb 24, 2026 and the remainder vests in equal installments on Feb 24, 2027 and Feb 24, 2028, subject to continued service.
  • On Feb 26, 2026 he disposed of a total of 4,572 shares in open-market sales for aggregate gross proceeds of approximately $198,626. The sales were effected under a pre-established Rule 10b5-1 trading plan and included transactions to cover tax withholding related to the RSU vesting.

Key Details

  • Award: 30,479 RSUs granted/awarded (report shows acquisition at $0); 1/3 vested 2/24/2026, remaining vest in 2027 & 2028 (see footnote F1).
  • Sales (all 2/26/2026): 439 shares @ weighted avg $41.59 (range $41.17–$42.03) = $18,256; 3,023 shares @ weighted avg $43.41 (range $42.88–$43.845) = $131,241; 1,110 shares @ weighted avg $44.26 (range $43.90–$44.75) = $49,129. Total proceeds ≈ $198,626.
  • Portion of shares sold were to cover tax withholding obligations on RSU vesting (footnote F3).
  • Sales were automatic under a Rule 10b5-1 plan adopted at least 90 days earlier (footnote F2).
  • Shares owned after the transactions are not specified in the provided filing.
  • Filing date: Feb 26, 2026; Period of report: Feb 24, 2026. No late filing flag indicated.

Context

  • RSU awards are compensation that convert to shares upon vesting; vesting here was performance-certified for 2025 and only a portion vested immediately, with the remainder subject to future service-based vesting.
  • The sales being executed under a 10b5-1 plan and used partly to cover tax withholding are routine patterns for executives following vesting events and do not by themselves indicate a change in company outlook.