Form 4: Velo3D Director Ellen Smith Receives Stock as Retainer Fee
SEC Form 4 Filing
Director Ellen Smith acquired 3,030 shares of Velo3D common stock as part of director retainer fees.
Summary
- On August 31, 2024, Ellen Smith, a director of Velo3D, Inc., acquired 3,030 shares of common stock.
- The acquisition was part of director retainer fees.
- The price was calculated using the average closing price of Velo3D's common stock over the 30-day period ending on August 31, 2024, which was $1.24 per share.
- Following the transaction, Smith directly owns 17,017 shares of Velo3D common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing a routine transaction. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and provides transparency regarding the holdings of company directors. It is common for directors to receive stock as part of their compensation.
Key Dates
| Date | Description |
|---|---|
| 08/31/2024 | Date of transaction: Ellen Smith acquired 3,030 shares of Velo3D common stock. |
| 09/09/2024 | Date of signature on 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.