Form 4: Vicarious Surgical Inc. Chief Technology Officer Sells Shares to Cover Tax Obligations

Vicarious Surgical Inc.'s Chief Technology Officer, Sammy Khalifa, sold 239 shares of Class A Common Stock to cover tax obligations related to vesting restricted stock units.

Summary

• Sammy Khalifa, the Chief Technology Officer of Vicarious Surgical Inc., sold 239 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 $13.4592, with individual trades ranging from $12.60 to $14.63 per share.
• Following the transaction, Mr. Khalifa beneficially owns 37,793 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: The document reflects a routine transaction for tax purposes, which is neither positive nor negative for the company's overall outlook.

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 239 shares is a relatively small transaction compared to the total shares held by the executive, which is 37,793 shares.
• 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

Keywords

Vicarious Surgical Inc., Sammy Khalifa, insider trading, stock sale, Class A Common Stock, restricted stock units, tax obligations, SEC Form 4