Form 4: Vicarious Surgical COO Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Vicarious Surgical's Chief Operating Officer, John Mazzola, sold 228 shares of Class A Common Stock to cover tax obligations related to vesting restricted stock units.
Summary
- John Mazzola, the Chief Operating Officer of Vicarious Surgical Inc., sold 228 shares of Class A Common Stock on December 3, 2024.
- 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 $13.3655, with individual trades ranging from $12.60 to $14.63 per share.
- Following the transaction, Mr. Mazzola directly owns 9,762 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction for tax purposes, with no indication of positive or negative sentiment.
Industry Context
This is a routine transaction for company insiders to manage their tax obligations related to equity compensation. It is common for executives to sell shares to cover taxes when restricted stock units vest.
Comparison to Industry Standards
- Sales of shares by executives to cover tax obligations are a common practice across the industry.
- The sale of 228 shares is a relatively small transaction and is not unusual for a company of Vicarious Surgical's size.
- Similar transactions are regularly reported by executives at other publicly traded companies.
Stakeholder Impact
- The sale of shares by an executive may have a minor impact on the stock price, but it is not expected to be significant.
Key Dates
| Date | Description |
|---|---|
| 06/02/2023 | Date restricted stock units were granted to John Mazzola. |
| 12/03/2024 | Date of the stock sale by John Mazzola. |
| 12/04/2024 | Date the Form 4 was signed. |
Keywords
Vicarious Surgical, insider trading, stock sale, Form 4, John Mazzola, restricted stock units, tax obligations, RBOT
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