Form 4: Vicarious Surgical CFO William Kelly Transfers Shares and Sells Stock to Cover Tax Obligations
SEC Form 4 Filing
William Kelly, CFO and Treasurer of Vicarious Surgical Inc., transferred shares to an ex-spouse and sold a small portion of stock to cover tax withholding obligations.
Summary
- On August 16, 2024, William Kelly, CFO and Treasurer of Vicarious Surgical Inc., transferred 2,812 shares of Class A Common Stock to his ex-spouse due to a divorce decree.
- On August 20, 2024, Kelly sold 93 shares of Class A Common Stock at an average price of $6.2973 per share.
- The sale was to cover tax withholding obligations related to the vesting of restricted stock units granted on May 19, 2022.
- Following these transactions, Kelly directly owns 13,893 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document reflects routine transactions (share transfer due to divorce and stock sale for tax obligations) and doesn't indicate any significant positive or negative sentiment regarding the company's performance.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and personal financial transactions. It doesn't necessarily reflect the company's overall performance or strategic direction.
Related Party Transactions
- Transfer of shares to ex-spouse pursuant to a divorce decree.
Stakeholder Impact
- The stock sale is unlikely to have a significant impact on shareholders, as it involves a small number of shares sold to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 05/19/2022 | Date of grant for restricted stock units related to the tax obligation. |
| 08/16/2024 | Date of share transfer to ex-spouse. |
| 08/20/2024 | Date of stock sale to cover tax withholding obligations. |
| 08/21/2024 | Date of signature on the Form 4 filing. |
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