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

William John Kelly, CFO and Treasurer of Vicarious Surgical Inc., sold 27 shares of Class A Common Stock on July 18, 2024, to cover tax withholding obligations related to vesting restricted stock units.

Summary

• On July 18, 2024, William John Kelly, the CFO and Treasurer of Vicarious Surgical Inc., sold 27 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 $7.9663, with individual trades ranging from $7.78 to $8.21 per share.
• Following the transaction, Kelly directly owns 16,798 shares of Class A Common Stock.
• The number of securities reported have been adjusted to reflect a 1-for-30 reverse stock split that took place on June 13, 2024.

Sentiment

Score: 5

Explanation: The document reports a routine stock sale to cover tax obligations, which is neither particularly positive nor negative. The reverse stock split is a neutral event.

Industry Context

Form 4 filings are standard practice for reporting insider transactions and are closely monitored by investors for insights into management's perspective on the company's stock.

Stakeholder Impact

• The stock sale by an insider could have a minor negative impact on shareholder sentiment, although it is a common practice.

Key Dates