Form 4: Velo3D Director Benyamin Buller Sells Shares Under 10b5-1 Trading Plan

Benyamin Buller, a director at Velo3D, sold a total of 4,000 shares of common stock on March 1 and March 4, 2024, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• Benyamin Buller, a director of Velo3D, Inc., sold 2,000 shares of common stock on March 1, 2024, at a weighted average price of $0.2627 per share.
• The shares were sold in multiple transactions ranging from $0.2553 to $0.2684.
• Following this transaction, Buller directly owns 5,058,706 shares of Velo3D common stock.
• On March 4, 2024, Buller sold another 2,000 shares at a weighted average price of $0.2668 per share, with prices ranging from $0.2594 to $0.2701.
• After the second transaction, Buller directly owns 5,056,706 shares.
• The sales were executed under a Rule 10b5-1 trading plan adopted on August 15, 2023.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating a change in beneficial ownership. It doesn't inherently convey positive or negative sentiment, but the sale of shares by a director could be interpreted neutrally to slightly negatively depending on the broader context.

Stakeholder Impact

• Shareholders may react to the news of a director selling shares, although the impact is likely mitigated by the pre-arranged trading plan.

Key Dates