Form 4: Velo3D Director Jason Lloyd Receives RSU Grant

Director Jason Michael Lloyd was granted 7,843 restricted stock units as part of Velo3D's 2021 Equity Incentive Plan.

Summary

• Director Jason Michael Lloyd received a grant of 7,843 restricted stock units (RSUs) on June 12, 2026.
• Each RSU represents a contingent right to receive one share of Velo3D common stock.
• The grant vests in 25% quarterly increments starting September 12, 2026, through June 12, 2027.
• Following this transaction, the director holds 11,031 RSUs directly and 11,187 shares of common stock directly, with 7,000 shares held in an IRA.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on company operations or financial health.

Positives

• Alignment of director interests with long-term shareholder value through equity-based compensation.

Negatives

• None identified in this filing.

Risks

• Vesting is subject to the reporting person's continued service to the issuer.

Future Outlook

The RSUs are scheduled to vest quarterly over a one-year period, contingent upon the director's continued service.

Industry Context

StockSavvy.ai notes that equity grants to directors are standard corporate governance practices intended to incentivize board members and align their interests with those of shareholders in the additive manufacturing sector.

Comparison to Industry Standards

• The use of 2021 Equity Incentive Plans is consistent with standard compensation structures for publicly traded technology companies.

Stakeholder Impact

• Minimal impact on shareholders as this is a standard equity compensation grant.

Next Steps

• Vesting of RSUs beginning September 12, 2026.

Key Dates

Keywords

Velo3D, VELO, Form 4, Insider Trading, Equity Incentive Plan, Director Compensation