Form 4: Vicarious Surgical Inc. Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Sammy Khalifa, Chief Technology Officer of Vicarious Surgical Inc., sold 112 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, Sammy Khalifa, the Chief Technology Officer of Vicarious Surgical Inc., sold 112 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 November 23, 2021.
- The shares were sold at a weighted average price of $5.7557, with individual trades ranging from $5.69 to $5.79 per share.
- Following the transaction, Khalifa directly owns 38,685 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (stock sale for tax obligations). It doesn't indicate overwhelmingly positive or negative sentiment.
Industry Context
Executive stock sales are a common occurrence and are often related to personal financial planning or tax obligations. This sale appears to be related to tax obligations and may not necessarily reflect a change in the executive's confidence in the company.
Stakeholder Impact
- The sale of a small number of shares by an executive is unlikely to have a significant impact on shareholders.
Key Dates
| Date | Description |
|---|---|
| 11/23/2021 | Date of grant for the restricted stock units. |
| 09/20/2024 | Date of the stock sale transaction. |
| 09/23/2024 | Date of signature on the Form 4 filing. |
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