The president of Xometry sold 26,190 shares directly for $1.71 million, reducing direct ownership by 29.3%. All shares were sold through open-market transactions, leaving 63,130 shares post-sale. The transaction was disclosed in an SEC Form 4 filing. Sahni’s remaining direct stake is valued at $4.0 million post-sale based on market close prices.

Xometry’s digital marketplace offers on-demand manufacturing services like CNC machining and 3D printing. The company serves various industries, including aerospace, automotive, and medical. Xometry connects buyers with suppliers for custom parts production. Revenue for the company totaled $642.78 million, with a net loss of $62.99 million and an 87.51% price change over the past year.

President Sahni’s sale represented 29.32% of his direct Class A holdings. This was his largest direct sale in recent times, exceeding a prior sale of 4,446 shares. Sahni retains an equity stake worth $4 million. Xometry’s stock has outperformed the S&P 500, with third-quarter revenue reaching $180.7 million.

The sale was part of a planned liquidity event tied to RSU vesting taxes. Xometry’s strong performance has driven shareholder alignment. The company reported record revenue in the third quarter, with improved EBITDA and gross margin. Xometry raised full-year guidance to reflect confidence in future growth and profitability. Insider sales like Sahni’s are essential for planned trading programs and maintaining shareholder alignment.

Read more at Yahoo Finance: Xometry Shares Beat the S&P 500 as Insider Sells $1.7 Million