Form 4: Vicarious Surgical Inc. Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Chief Technology Officer Sammy Khalifa sold 19,601 shares of Vicarious Surgical Inc. to cover tax withholding obligations related to vesting restricted stock units.
Summary
- On May 20, 2024, Sammy Khalifa, Chief Technology Officer of Vicarious Surgical Inc., sold 19,601 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 May 19, 2022.
- The shares were sold at a weighted average price of $0.3881, with individual trades ranging from $0.3799 to $0.3988 per share.
- Following the transaction, Khalifa directly owns 1,196,376 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (selling shares to cover taxes). It doesn't indicate any significant positive or negative sentiment.
Industry Context
This is a routine transaction for executives to cover tax obligations related to stock-based compensation. It's common for executives to sell a portion of their shares when restricted stock units vest.
Stakeholder Impact
- The sale of shares could have a minor impact on shareholders due to the increased supply of shares in the market, but the amount is relatively small.
Key Dates
| Date | Description |
|---|---|
| 05/19/2022 | Date of grant for the restricted stock units that triggered the tax withholding obligations. |
| 05/20/2024 | Date of the transaction (stock sale). |
| 05/21/2024 | Date of signature for the Form 4 filing. |
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