secwatch.observer — SEC 8-K summary
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Issuer:     Latch, Inc. (LTCH)
CIK:        0001826000
Form:       8-K
Filed at:   2026-06-17T20:01:28+00:00
Accession:  0001104659-26-075114
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Latch grants 1.6M RSUs to CEO, CFO, CTO; adopts new equity award forms
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- Lillis (CEO) receives 968,179 RSUs ($193,636 fair value); Mayfield (CFO) 130,000 ($26k); Salmons (CPTO) 500,000 ($100k).
- Vesting backdated to reflect service during S-8 suspension; portions vested immediately, remainder vests quarterly over 3 years.
- Compensation Committee adopted updated RSU, stock option, and common stock award agreement forms under the 2021 Plan.
- New forms include revised 409A compliance, expanded tax withholding options (incl. net share settlement), and post-termination procedures.
- The 2021 Plan remains unchanged; awards subject to plan terms.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1826000/000110465926075114/0001104659-26-075114-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1826000/000110465926075114/tm2618093d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-075114

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