Form 4: Xometry Director Sells Shares Under 10b5-1 Plan

Xometry, Inc. Director Randolph Altschuler sold a significant number of Class A Common Stock shares under a pre-arranged 10b5-1 trading plan to cover tax withholding obligations.

Summary

• Director Randolph Altschuler reported the sale of Class A Common Stock on July 2, 2026.
• The transactions were executed under a Rule 10b5-1 trading plan, adopted at least 90 days prior to the trading date.
• These sales were primarily to cover tax withholding obligations related to the vesting of restricted stock units.
• A total of 5,355 shares were sold across multiple transactions at weighted average prices ranging from $90.46 to $97.205.
• Following these transactions, Altschuler directly beneficially owns 428,750 shares of Class A Common Stock and 1,475,311 shares of Class B Common Stock.
• Additionally, he indirectly beneficially owns shares held by his spouse, the 2021 Tigers Trust, the Altschuler Family Trust (2020), and three other trusts for his children.

Sentiment

Score: 4

Explanation: StockSavvy.ai views this filing as neutral to slightly negative due to the significant volume of shares sold by a director, even though it's attributed to tax obligations and executed under a 10b5-1 plan.

Positives

• The sales were conducted under a Rule 10b5-1 plan, indicating pre-planned and potentially less market-sensitive transactions.
• The sales were to cover tax withholding obligations, a common and expected event upon vesting of restricted stock units.
• The reporting person continues to hold a substantial number of shares directly and indirectly.

Negatives

• A significant number of shares were sold, which could be perceived negatively by the market, despite the stated reasons.
• The weighted average sale prices indicate a range of values, with some sales occurring at lower prices within the reported range.

Risks

• Potential for negative market perception due to the sale of a large number of shares by a director.
• The effectiveness of the Rule 10b5-1 plan relies on its adherence to the pre-established parameters and the absence of material non-public information at the time of adoption.

Future Outlook

No specific future outlook or guidance is provided in this Form 4 filing, which solely reports on past transactions.

Industry Context

StockSavvy.ai notes that insider sales, particularly those under 10b5-1 plans, are common for executives and directors to manage personal financial planning, such as covering tax liabilities from equity compensation. While these are often routine, the volume and timing can still influence investor sentiment.

Stakeholder Impact

• Shareholders may interpret the sale of shares by a director as a potential signal, although the stated reason (tax withholding) is a common and legitimate one.
• Employees with vested restricted stock units may see this as a normal part of equity compensation management.

Next Steps

• Continued monitoring of insider transactions for any further sales or purchases.
• Analysis of Xometry's overall financial performance and strategic initiatives to contextualize insider activity.

Key Dates

Keywords

Xometry, XMTR, Form 4, Insider Trading, Stock Sale, 10b5-1 Plan, Restricted Stock Units, Tax Withholding, Beneficial Ownership, Director