Form 4: Vicarious Surgical CFO Sells Shares to Cover Tax Obligations

Vicarious Surgical's CFO, William John Kelly, sold 218 shares of Class A Common Stock to cover tax obligations related to vesting restricted stock units.

Summary

• William John Kelly, the CFO and Treasurer of Vicarious Surgical Inc., sold 218 shares of Class A Common Stock on December 3, 2024.
• The sale was executed to cover tax withholding obligations associated with the vesting of restricted stock units granted on June 2, 2023.
• The shares were sold at a weighted average price of $13.4094, with individual trades ranging from $12.60 to $14.66 per share.
• Following the transaction, Mr. Kelly directly owns 12,260 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: This is a neutral event, a routine transaction for tax purposes, and does not indicate any positive or negative sentiment about the company's performance.

Industry Context

This is a routine transaction for executives who receive stock-based compensation. It is common for executives to sell shares to cover tax obligations when restricted stock units vest.

Comparison to Industry Standards

• Executive stock sales to cover tax obligations are a common practice across publicly traded companies.
• The sale of 218 shares is a relatively small transaction and is not unusual for a CFO's holdings.
• Similar transactions are regularly reported by executives in other companies as part of their compensation and tax planning.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a small sale by an executive for tax purposes.

Key Dates

Keywords

Vicarious Surgical, insider trading, Form 4, stock sale, William John Kelly, CFO, tax obligations, restricted stock units