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

William John Kelly, CFO and Treasurer of Vicarious Surgical Inc., sold 6,528 shares of Class A Common Stock to cover tax withholding obligations related to vesting restricted stock units.

Summary

• On June 3, 2024, William John Kelly, the CFO and Treasurer of Vicarious Surgical Inc., sold 6,528 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 June 2, 2023.
• The shares were sold at a weighted average price of $0.3213, with individual trades ranging from $0.3099 to $0.3399 per share.
• Following the transaction, Kelly directly owns 504,767 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: The document describes a routine transaction (stock sale to cover taxes) by a company executive, which is neither particularly positive nor negative.

Industry Context

Form 4 filings are a routine part of insider trading activity and are required by the SEC to provide transparency into the transactions of company insiders. This sale appears to be related to tax obligations, which is a common reason for such transactions.

Stakeholder Impact

• The sale of shares by an executive could have a minor negative impact on shareholder sentiment, but is unlikely to be significant given the reason for the sale.

Key Dates