4/A: Velo3D COO Bradley Allen Kreger Reports Changes in Beneficial Ownership
SEC Filing
Bradley Allen Kreger, COO of Velo3D, reports transactions involving common stock and restricted stock units, including acquisitions and disposals to cover tax liabilities.
Summary
- Bradley Allen Kreger, the COO of Velo3D, filed a Form 4/A with the SEC to report changes in beneficial ownership.
- The reported transactions include the acquisition and disposal of common stock and restricted stock units (RSUs).
- On February 15, 2025, Kreger acquired 835 shares and disposed of 344 shares of common stock.
- Also on February 15, 2025, Kreger acquired 1,439 shares and disposed of 592 shares of common stock.
- On March 15, 2025, Kreger acquired 16,333 shares and disposed of 6,710 shares of common stock.
- The sales of shares were solely to cover tax liabilities and broker fees related to the settlement of RSUs.
- The RSUs vest quarterly, subject to continued service, with initial vesting dates in February and November 2024.
- A one-time retention bonus vested on March 15, 2025.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock transactions by an executive. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency to investors regarding the holdings and transactions of company insiders.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies and their insiders, ensuring transparency in the market.
- The vesting schedules and terms of the RSUs are typical for executive compensation packages in the technology industry.
- Similar filings can be observed for executives at comparable companies like Desktop Metal and Markforged.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive stock ownership.
- Employees holding RSUs are impacted by the vesting schedules and terms outlined in the filing.
Key Dates
| Date | Description |
|---|---|
| 02/15/2024 | Initial vesting date for 1/4th of total grant of some Restricted Stock Units. |
| 11/15/2024 | Initial vesting date for 1/4th of total grant of some Restricted Stock Units. |
| 02/15/2025 | Transactions involving common stock and restricted stock units. |
| 03/15/2025 | Transactions involving common stock and restricted stock units, including one time retention bonus vesting. |
| 04/18/2025 | Date of Form 4/A filing. |
Keywords
Velo3D, Kreger, Beneficial Ownership, Form 4, Securities, Stock, RSU, VLDX
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