Form 4: Vicarious Surgical CEO Adam Sachs Sells Shares to Cover Tax Obligations
SEC Form 4
CEO Adam Sachs sold 139 shares of Vicarious Surgical Inc. stock on September 20, 2024, to cover tax withholding obligations related to vesting restricted stock units.
Summary
- On September 20, 2024, Adam Sachs, CEO of Vicarious Surgical Inc., sold 139 shares of Class A Common Stock.
- The sale was executed to cover tax withholding obligations associated with the vesting of restricted stock units granted on November 23, 2021.
- The shares were sold at a weighted average price of $5.7733, with individual trades ranging from $5.67 to $5.95 per share.
- Following the transaction, Sachs directly owns 55,061 shares of Vicarious Surgical Inc.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (stock sale for tax obligations) and does not contain any information that would significantly impact investor sentiment positively or negatively.
Industry Context
Sales of stock to cover tax obligations upon vesting of restricted stock units are a common practice among corporate executives.
Key Dates
| Date | Description |
|---|---|
| 11/23/2021 | Date of grant for the restricted stock units. |
| 09/20/2024 | Date of stock sale. |
| 09/23/2024 | Date of Form 4 filing. |
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