Form 4: Vicarious Surgical CEO Adam Sachs Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
CEO Adam Sachs sold 139 shares of Vicarious Surgical Inc. to cover tax withholding obligations related to vesting restricted stock units.
Summary
- On December 23, 2024, Adam David Sachs, CEO of Vicarious Surgical Inc., sold 139 shares of Class A Common Stock.
- The sale was executed at a weighted average price of $12.2681 per share, with individual trades ranging from $11.6500 to $12.77 per share.
- The transaction was conducted to cover tax withholding obligations associated with the vesting of restricted stock units granted on November 23, 2021.
- Following the transaction, Sachs directly owns 53,642 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (selling shares to cover taxes). It's neutral in sentiment.
Industry Context
Sales of shares to cover tax obligations upon vesting of restricted stock units are a common practice among executives.
Stakeholder Impact
- The sale of a small number of shares by the CEO is unlikely to have a significant impact on shareholders.
Key Dates
| Date | Description |
|---|---|
| 11/23/2021 | Date of grant for the restricted stock units. |
| 12/23/2024 | Date of the stock sale transaction. |
| 12/24/2024 | Date of the signature on the Form 4 filing. |
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