Laurence Marton - 22 May 2026 Form 4 Insider Report for Matternet, Inc.

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
27 May 2026, 19:52:09 UTC
Prior SEC filing
24 Mar 2026
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Jason Benjamin Secore, Attorney-in-Fact

Key filing fact

Laurence Marton filed Form 4 for Matternet, Inc. on 27 May 2026.

Key facts

  • This page summarizes Laurence Marton's Form 4 filing for Matternet, Inc..
  • 4 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 27 May 2026, 19:52.

Change

  • Previous filing in this sequence was filed on 24 Mar 2026.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001862192 Primary reporting owner

Marton Laurence

Relationship
Director
Address
C/O MATTERNET, INC., 355 RAVENDALE DRIVE, MOUNTAIN VIEW
Signature
/s/ Jason Benjamin Secore, Attorney-in-Fact
Signature date
27 May 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

No ticker transaction

Common Stock

Award

Transaction value
Shares
+52,003
Change %
Price
Shares after
52,003
Date
22 May 2026
Ownership
Direct
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

No ticker transaction Derivative

Director Stock Option (right to buy)

Award

Transaction value
Shares
+266,488
Change %
Price
$0.000000*
Shares after
266,488
Date
22 May 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
266,488
Exercise price
Footnotes
F2, F3
No ticker transaction Derivative

Director Stock Option (right to buy)

Award

Transaction value
Shares
+181,898
Change %
Price
$0.000000*
Shares after
181,898
Date
22 May 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
181,898
Exercise price
Footnotes
F2, F4
No ticker transaction Derivative

Director Stock Option (right to buy)

Award

Transaction value
Shares
+41,602
Change %
Price
$0.000000*
Shares after
41,602
Date
22 May 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
41,602
Exercise price
Footnotes
F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Received in connection with the Issuer's merger (the "Merger") with Matternet, Inc. ("Legacy Matternet") in accordance with the terms of the Agreement and Plan of Merger and Reorganization dated as of May 22, 2026, by and among the Issuer (f/k/a Los Altos Ventures Corp.), Matternet Acquisition Co. and Legacy Matternet (the "Merger Agreement"), in exchange for shares of Legacy Matternet common stock. Pursuant to the terms of the Merger Agreement, at the effective time of the Merger, each issued and outstanding share of Legacy Matternet common stock was converted into the right to receive 2.0801 shares of the Issuer's common stock, rounded to the nearest whole share (the "Conversion Ratio").

Footnote F2

Each vested and unvested option to purchase shares of common stock of Legacy Matternet outstanding immediately prior to the effective time of the Merger was assumed by the Issuer and converted into an option to purchase shares of common stock equal to the product of (a) the number of shares of common stock subject to such option immediately prior to the effective time of the Merger and (b) the Conversion Ratio, at an exercise price per share equal to (i) the exercise price per share of such option immediately prior to the effective time of the Merger divided by (ii) the Conversion Ratio.

Footnote F3

The shares subject to the option shall become vested and exercisable in 48 equal monthly installments from the vesting commencement date.

Footnote F4

The shares subject to the option shall become vested and exercisable in 24 equal monthly installments from the vesting commencement date.

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