Saurabh Ranjan - 22 May 2026 Form 4 Insider Report for Matternet, Inc.

Reporting relationship: Director
Issuer ticker: N/A
Reported as of: 22 May 2026
Net transaction value: +$174,999
SEC form: 4
Accepted by SEC: 27 May 2026, 20:58:51 UTC
Source filing: View source filing
Reporting owner signature: /s/ Jason Benjamin Secore, Attorney-in-Fact

Key filing fact

Saurabh Ranjan filed Form 4 for Matternet, Inc. on 27 May 2026.

Key facts

This page summarizes Saurabh Ranjan's Form 4 filing for Matternet, Inc..
5 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 27 May 2026, 20:58.

Change

No earlier filing in this sequence is available for direct comparison.
Current net transaction value: +$174,999.

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 0002136901 Primary reporting owner

Ranjan Saurabh

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: +413,902
Change %
Price
Shares after: 413,902
Date: 22 May 2026
Ownership: By Cerracap Growth Fund I LP
Footnotes: F1, F2

No ticker transaction

Common Stock

Award

Transaction value
Shares: +784,545
Change %
Price
Shares after: 784,545
Date: 22 May 2026
Ownership: By Cerracap II, LP
Footnotes: F1, F3

No ticker transaction

Common Stock

Award

Transaction value
Shares: +368,041
Change %
Price
Shares after: 368,041
Date: 22 May 2026
Ownership: By Cerracap International Investments SPC
Footnotes: F1, F4

No ticker transaction

Common Stock

Award

Transaction value
Shares: +782,426
Change %
Price
Shares after: 782,426
Date: 22 May 2026
Ownership: By Cerracap Ventures Matternet LLC
Footnotes: F1, F5

No ticker transaction

Common Stock

Purchase

Transaction value: $174,999
Shares: +58,333
Change %
Price: $3.00
Shares after: 58,333
Date: 22 May 2026
Ownership: By CerraCap Growth Fund I LP
Footnotes: F2, F6

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 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.

Footnote F2

The shares are held directly by Cerracap Growth Fund I LP ("Cerracap Growth"). Mr. Ranjan is Managing Partner of Cerracap Growth and may be deemed to have shared voting and dispositive power with respect to the shares held by Cerracap Growth and as a result may be deemed to have beneficial ownership of such shares. Ms. Ranjan expressly disclaims beneficial ownership of all securities held by Cerracap Growth except to the extent of his pecuniary interest therein.

Footnote F3

The shares are held directly by Cerracap II, LP ("Cerracap II"). Mr. Ranjan is Managing Partner of Cerracap II and may be deemed to have shared voting and dispositive power with respect to the shares held by Cerracap II and as a result may be deemed to have beneficial ownership of such shares. Ms. Ranjan expressly disclaims beneficial ownership of all securities held by Cerracap II except to the extent of his pecuniary interest therein.

Footnote F4

The shares are held directly by Cerracap International Investments SP ("Cerracap International"). Mr. Ranjan is Managing Partner of Cerracap International and may be deemed to have shared voting and dispositive power with respect to the shares held by Cerracap International and as a result may be deemed to have beneficial ownership of such shares. Ms. Ranjan expressly disclaims beneficial ownership of all securities held by Cerracap International except to the extent of his pecuniary interest therein.

Footnote F5

The shares are held directly by Cerracap Ventures Matternet LLC ("Cerracap Ventures"). Mr. Ranjan is Managing Partner of Cerracap Ventures and may be deemed to have shared voting and dispositive power with respect to the shares held by Cerracap Ventures and as a result may be deemed to have beneficial ownership of such shares. Ms. Ranjan expressly disclaims beneficial ownership of all securities held by Cerracap Ventures except to the extent of his pecuniary interest therein.

Footnote F6

Received in connection with the Issuer's private placement in accordance with the terms of the Subscription Agreement dated as of May 22, 2026, by and among the Issuer (f/k/a Los Altos Ventures Corp.) and the purchasers set forth therein.