Latch, Inc. (LTCH) Form 8-K — Jun 17, 2026
Latch, Inc. adopted updated forms of restricted stock unit, stock option, and common stock grant agreements under its 2021 Incentive Award Plan. The changes are intended to comply with Section 409A of the Internal Revenue Code regarding short-term deferrals and to expand permitted tax withholding methods, including net share withholding. The Compensation Committee approved grants of time-based RSUs to three executive officers to address a period where the company was unable to grant equity awards due to a suspended Form S-8 registration statement.
Key figures
- Ceo rsu count
- 968179
- Ceo rsu value
- $193,636
- Cfo rsu count
- 130000
- Cfo rsu value
- $26,000
- Cpto rsu count
- 500000
- Cpto rsu value
- $100,000
- Ceo vested on grant
- 887497
- Cfo vested on grant
- 119167
- Total value granted
- $319,636
- Cpto vested on grant
- 208333
AI analysis
Red flags1 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.