4/A: Velo3D CEO Bradley Allen Kreger Amends SEC Filing to Correctly Report Share Transactions
SEC Filing Amendment
Bradley Allen Kreger, CEO of Velo3D, files an amended SEC Form 4/A to correct previously reported share transactions, including the acquisition and disposal of common stock and restricted stock units.
Summary
- Bradley Allen Kreger, CEO of Velo3D, filed an amended SEC Form 4/A on August 20, 2024, to correct previously reported information.
- The amendment addresses transactions from June 18, 2024, and June 27, 2024, involving common stock and restricted stock units (RSUs).
- On June 18, 2024, 899 shares were acquired through the vesting of RSUs.
- On June 27, 2024, 327 shares were sold at a price of $3.16 per share to cover tax liabilities and broker fees related to the RSU settlement.
- The amended filing corrects the number of shares beneficially owned following these transactions, which was previously disclosed incorrectly due to an administrative error.
- As of the latest report, Kreger directly owns 6,880 shares of common stock and 5,390 restricted stock units.
Sentiment
Score: 6
Explanation: The document is a routine regulatory filing correcting a previous error. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
Negatives
- The original filing contained an administrative error, necessitating an amendment.
Industry Context
This filing is a routine disclosure related to insider transactions and is required by the SEC to ensure transparency in the market. It provides investors with information about the trading activities of company executives.
Stakeholder Impact
- The correction of the filing ensures accurate information is available to shareholders.
Key Dates
| Date | Description |
|---|---|
| January 18, 2024 | Start date for RSU vesting, occurring in 12 equal monthly installments. |
| June 18, 2024 | Acquisition of 899 shares through RSU vesting. |
| June 27, 2024 | Sale of 327 shares at $3.16 per share to cover tax liabilities and broker fees. |
| July 03, 2024 | Date of original filing that was amended. |
| August 20, 2024 | Date of the amended SEC Form 4/A filing. |
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