Form 4: Vicarious Surgical CFO William John Kelly Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
CFO and Treasurer of Vicarious Surgical, William John Kelly, sold 37 shares of Class A Common Stock on September 20, 2024, to cover tax withholding obligations related to vesting restricted stock units.
Summary
- On September 20, 2024, William John Kelly, the CFO and Treasurer of Vicarious Surgical Inc. (RBOT), sold 37 shares of Class A Common Stock.
- The sale was executed at a weighted average price ranging from $5.62 to $6.03 per share, with an average price of $5.747.
- The transaction was intended to cover tax withholding obligations associated with the vesting of restricted stock units granted on November 23, 2021.
- Following the transaction, Kelly directly owns 12,587 shares of Vicarious Surgical Inc.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the transaction is a routine sale of shares to cover tax obligations and does not indicate a significant change in the executive's outlook on the company.
Industry Context
This is a routine transaction related to executive compensation and tax obligations. It is common for executives to sell shares to cover taxes when restricted stock units vest. It does not necessarily reflect a change in the executive's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 11/23/2021 | Date of grant for the restricted stock units. |
| 09/20/2024 | Date of the transaction (sale of shares). |
| 09/23/2024 | Date of signature on the Form 4 filing. |
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