CFO and Treasurer of Desktop Metal Inc, Jason Cole, Sells Over 24,000 Shares

Wednesday, 7 August 2024, 03:34

On August 5, 2024, Jason Cole, the CFO and Treasurer of Desktop Metal Inc, sold 24,064 shares at $4.23 each, as reported in an SEC filing. This transaction reduces his holdings to 69,352 shares. Insider sales can often indicate market sentiment or managerial confidence in a company's future, making this event noteworthy for investors keeping an eye on Desktop Metal's performance.
Yahoo Finance
CFO and Treasurer of Desktop Metal Inc, Jason Cole, Sells Over 24,000 Shares

Overview of the Insider Sale

On August 5, 2024, Jason Cole, the CFO & Treasurer of Desktop Metal Inc (NYSE:DM), executed a significant transaction involving the sale of 24,064 shares. The shares were sold at a price of $4.23 each.

Details of the Sale

  • Transaction date: August 5, 2024
  • Shares sold: 24,064
  • Price per share: $4.23
  • Remaining shares owned after sale: 69,352

Conclusion

This insider sale is particularly notable for investors, as it provides insights into management's confidence and potential market sentiments surrounding Desktop Metal Inc. It is essential for stakeholders to monitor such transactions to gauge potential future trends.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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