4/A: Carl Bass Receives Velo3D Stock as Director Retainer Fee
SEC Form 4/A
Director Carl Bass acquired 11,111 shares of Velo3D stock as part of director retainer fees.
Summary
- Carl Bass, a director of Velo3D, Inc., acquired 11,111 shares of common stock on October 31, 2024.
- The shares were received as director retainer fees.
- The price per share was $0.87, representing the average closing price of Velo3D's common stock over the 30-day period ending on October 31, 2024.
- Following the transaction, Bass directly owns 45,481 shares of Velo3D.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing related to director compensation, indicating a neutral sentiment.
Industry Context
This filing reflects standard compensation practices for board members, where stock grants are used as part of their retainer.
Stakeholder Impact
- The transaction increases Carl Bass's stake in Velo3D, aligning his interests with those of other shareholders.
Key Dates
| Date | Description |
|---|---|
| 10/31/2024 | Date of stock acquisition by Carl Bass |
| 11/05/2024 | Date of original filing (amended) |
| 11/06/2024 | Date of signature on the amended form |
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