Form 4: Vicarious Surgical CFO Sells Shares to Cover Tax Obligations
SEC Form 4
William John Kelly, CFO and Treasurer of Vicarious Surgical Inc., sold 6,546 shares of Class A Common Stock to cover tax withholding obligations related to vesting restricted stock units.
Summary
- On May 20, 2024, William John Kelly, the CFO and Treasurer of Vicarious Surgical Inc., sold 6,546 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 May 19, 2022.
- The shares were sold at a weighted average price of $0.388, with individual trades ranging from $0.3799 to $0.3920 per share.
- Following the transaction, Kelly directly owns 511,295 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (sale of shares to cover tax obligations). It doesn't indicate any significant positive or negative sentiment.
Industry Context
Sales of shares to cover tax obligations are a routine part of equity compensation for executives. This transaction is unlikely to have a significant impact on the company's operations or strategy.
Stakeholder Impact
- The sale of shares may have a minor, temporary impact on the stock price, but is unlikely to significantly affect shareholders in the long term.
Key Dates
| Date | Description |
|---|---|
| May 19, 2022 | Date of grant for the restricted stock units related to the tax withholding obligations. |
| May 20, 2024 | Date of the transaction (sale of shares). |
| May 21, 2024 | Date of signature for the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.