Form 4: Vicarious Surgical CEO Adam Sachs Sells Shares to Cover Tax Obligations
SEC Form 4
Vicarious Surgical CEO Adam Sachs sold 943 shares of Class A Common Stock on February 20, 2025, to cover tax withholding obligations related to vesting restricted stock units.
Summary
- On February 20, 2025, Adam Sachs, CEO of Vicarious Surgical Inc. (RBOT), sold 943 shares of Class A Common Stock.
- The sale was executed at a weighted average price of $14.5332 per share, with individual trades ranging from $14.08 to $15.50.
- The transaction was conducted to cover tax withholding obligations associated with the vesting of restricted stock units granted on May 19, 2022.
- Following the transaction, Sachs directly owns 52,699 shares of Vicarious Surgical Inc.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction to cover tax obligations, which is a normal part of executive compensation. It doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
Insider sales are a common occurrence, especially to cover tax obligations related to equity compensation. The market typically views these sales in the context of the executive's overall holdings and the reasons for the sale.
Stakeholder Impact
- The sale could have a minor impact on shareholders if it creates downward pressure on the stock price, although the amount of shares sold is relatively small.
Key Dates
| Date | Description |
|---|---|
| 05/19/2022 | Date of grant for the restricted stock units that triggered the tax withholding obligation. |
| 02/20/2025 | Date of the stock sale transaction. |
| 02/21/2025 | Date of the signature on the Form 4 filing. |
Keywords
Vicarious Surgical, RBOT, Adam Sachs, stock sale, Form 4, tax withholding, restricted stock units, insider trading
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