Velo3D (VELO) director adds 1,623 shares through RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Velo3D, Inc. director Lloyd Jason Michael reported routine equity compensation activity rather than open-market trading. On May 28, 2026, he exercised Restricted Stock Units, receiving 1,623 shares of Common Stock for no cash consideration.
After this RSU vesting, he holds 11,187 shares of Common Stock directly and 7,000 shares indirectly through an individual retirement account. The filing also shows 3,188 Restricted Stock Units remaining after the transaction and notes a correction to a previously reported share amount due to a clerical error.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,623 shares exercised/converted
Mixed
3 txns
Insider
Lloyd Jason Michael
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,623 | $0.00 | -- |
| Exercise | Common Stock | 1,623 | $25.80 | $42K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 3,188 shares (Direct, null);
Common Stock — 11,187 shares (Direct, null);
Common Stock — 7,000 shares (Indirect, See footnote)
Footnotes (1)
- The reported securities are held in an individual retirement account ("IRA") for the benefit of the reporting person. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock upon settlement for no consideration. Initial RSU award granted upon joining the Board, which vested on the first anniversary of the grant date, following the director's continued service on the Board through the vesting date. Reflects an adjustment to a previously reported amount on 03/27/2026 from 11,187 to 4,811 due to a clerical error.
Key Figures
RSU shares exercised: 1,623 shares
Reference share price: $25.80 per share
Direct common shares after transaction: 11,187 shares
+3 more
6 metrics
RSU shares exercised
1,623 shares
Common Stock received from RSU exercise on May 28, 2026
Reference share price
$25.80 per share
Price shown for related Common Stock transaction entry
Direct common shares after transaction
11,187 shares
Total direct Common Stock holdings following RSU exercise
Indirect IRA shares
7,000 shares
Common Stock held indirectly in an individual retirement account
RSUs remaining
3,188 units
Restricted Stock Units outstanding after the reported transaction
Derivative exercises in filing
1 transaction, 1,623 shares
Exercise or conversion of derivative security reported in summary
Key Terms
Restricted Stock Unit ("RSU"), individual retirement account ("IRA"), clerical error
3 terms
Restricted Stock Unit ("RSU") financial
"Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share..."
individual retirement account ("IRA") financial
"The reported securities are held in an individual retirement account ("IRA") for the benefit..."
clerical error financial
"Reflects an adjustment to a previously reported amount... due to a clerical error."
FAQ
What insider transaction did Velo3D (VELO) disclose for Lloyd Jason Michael?
Velo3D disclosed that director Lloyd Jason Michael exercised Restricted Stock Units, receiving 1,623 shares of Common Stock on May 28, 2026. This is a compensation-related equity grant settlement, not an open-market purchase or sale of existing shares.
What price is associated with the Velo3D (VELO) director’s RSU exercise?
Each RSU converts into one share of Common Stock for no consideration, meaning the director did not pay cash for the 1,623 shares. A reference price of $25.80 per share is disclosed for the related Common Stock entry.
Does the Velo3D (VELO) Form 4 include any corrections to prior filings?
Yes. A footnote states there is an adjustment to a previously reported share amount due to a clerical error. This clarifies earlier reported holdings without indicating any new market transaction.