VLDX.Velo3d, INC

Form 4: Velo3D CEO Bradley Allen Kreger Reports Stock Transactions

Sentiment:

SEC Form 4 Filing

📋All filings for Velo3d, INC
🔒Login to Follow

Velo3D CEO Bradley Allen Kreger reports the acquisition and disposal of common stock and restricted stock units to cover tax liabilities.

Summary

  • On July 18, 2024, Bradley Allen Kreger, CEO of Velo3D, Inc., acquired 899 shares of common stock through the vesting of restricted stock units (RSUs).
  • On July 18, 2024, Kreger disposed of 7,779 shares.
  • On July 19, 2024, Kreger sold 341 shares of common stock at a price of $3.05 per share to cover tax liabilities and broker fees related to the RSU settlement.
  • Following these transactions, Kreger directly owns 7,438 shares of Velo3D common stock.
  • Kreger also holds 4,491 restricted stock units (RSUs).

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions by an executive, with no inherent positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure related to insider transactions and provides transparency to investors regarding the CEO's stock ownership in Velo3D.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders due to the sale of shares by the CEO, but the impact is likely minimal as it is related to tax obligations.

Key Dates

DateDescription
01/18/2024RSUs vest in 12 equal monthly installments beginning on this date.
07/18/2024CEO acquired 899 shares through RSU vesting and disposed of 7,779 shares.
07/19/2024CEO sold 341 shares at $3.05 per share to cover tax liabilities.
08/20/2024Date of signature for the Form 4 filing.

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.