Form 4: Vicarious Surgical Inc. Executive Sells Shares to Cover Tax Obligations

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

Summary

• On March 20, 2024, Sammy Khalifa, the Chief Technology Officer of Vicarious Surgical Inc., sold 3,863 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 $0.3407, with individual trades ranging from $0.3294 to $0.3486 per share.
• Following the transaction, Khalifa still beneficially owns 1,215,977 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: Neutral sentiment. The transaction is a routine sale of shares to cover tax obligations and doesn't inherently indicate positive or negative sentiment about the company's future prospects.

Industry Context

Executive stock sales are a common occurrence, often related to compensation and tax planning. The sale itself doesn't necessarily indicate a negative outlook for the company, but the market may react based on the size and frequency of such transactions.

Stakeholder Impact

• The sale could have a minor impact on shareholders if it creates downward pressure on the stock price, although the volume of shares sold is relatively small compared to the total outstanding.

Key Dates