Velo3D director receives 7,843 RSU award
Lloyd Jason Michael reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Lloyd Jason Michael reported acquisition or exercise transactions in this Form 4 filing.
Velo3D, Inc. director Lloyd Jason Michael reported an equity compensation grant and updated holdings. He received 7,843 restricted stock units (RSUs), each representing a contingent right to one share of Velo3D common stock under the 2021 Equity Incentive Plan.
The RSUs vest in four equal 25% installments on September 12, 2026, December 12, 2026, March 12, 2027 and June 12, 2027, subject to his continued service. After these transactions, he holds 11,187 shares of common stock directly, 7,000 shares indirectly through an IRA, and 11,031 RSUs directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 7,843 shares
Grant/Award
3 txns
Insider
Lloyd Jason Michael
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 7,843 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 11,031 contracts (Direct);
Common Stock — 11,187 shares (Direct);
Common Stock — 7,000 shares (Indirect, See footnote)
Footnotes (3)
- F1. The reported securities are held in an individual retirement account ("IRA") for the benefit of the reporting person.
- F2. Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of Velo3D, Inc. (the "Company"), granted under the Company's 2021 Equity Incentive Plan. The Compensation Committee (the "Committee") of the Board of Directors of the Company, in its sole discretion, may settle earned RSUs in cash, shares of common stock of the Company, or a combination of both.
- F3. The RSUs shall vest as to 25% of the total grant quarterly, commencing September 12, 2026, with the remainder of grant vesting on each subsequent quarter, December 12, 2026, March 12, 2027 and June 12, 2027, subject to the Reporting Person's continued service to the Issuer on each vesting date.
Key Figures
RSU grant size: 7,843 RSUs
Direct common shares: 11,187 shares
Indirect IRA shares: 7,000 shares
+3 more
6 metrics
RSU grant size
7,843 RSUs
Grant of restricted stock units on June 12, 2026
Direct common shares
11,187 shares
Common stock held directly after transactions
Indirect IRA shares
7,000 shares
Common stock held indirectly in an IRA
Total RSU holdings
11,031 RSUs
Restricted stock units held after grant
RSU vesting dates
Sept 12 2026 – Jun 12 2027
Four quarterly 25% vesting installments
RSU settlement price
$0.00 per unit
Grant/award acquisition with no exercise price
Key Terms
Restricted Stock Unit, individual retirement account ("IRA"), 2021 Equity Incentive Plan, Compensation Committee, +1 more
5 terms
Restricted Stock Unit financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
individual retirement account ("IRA") financial
"The reported securities are held in an individual retirement account ("IRA") for the benefit"
2021 Equity Incentive Plan financial
"granted under the Company's 2021 Equity Incentive Plan"
Compensation Committee financial
"The Compensation Committee (the "Committee") of the Board of Directors"
A compensation committee is a group within a company's leadership responsible for setting and reviewing how much top executives and employees are paid, including salaries, bonuses, and benefits. It matters to investors because fair and effective pay decisions can influence a company's performance, leadership motivation, and overall governance, helping ensure that the company’s management is aligned with shareholders’ interests.
contingent right financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity award did Velo3D (VELO) director Lloyd Jason Michael receive?
He received a grant of 7,843 restricted stock units (RSUs). Each RSU represents a contingent right to one share of Velo3D common stock, granted under the company’s 2021 Equity Incentive Plan, as part of his director compensation package.
How do Lloyd Jason Michael’s new RSUs at Velo3D (VELO) vest?
The 7,843 RSUs vest in four equal 25% installments. Vesting dates are September 12, 2026, December 12, 2026, March 12, 2027 and June 12, 2027, conditioned on his continued service to Velo3D on each vesting date.
What indirect Velo3D (VELO) holdings does Lloyd Jason Michael report?
He reports 7,000 shares of Velo3D common stock held indirectly in an individual retirement account (IRA) for his benefit. The Form 4 notes this indirect ownership and ties it to an IRA rather than direct personal registration.
What total RSU balance does Lloyd Jason Michael hold at Velo3D (VELO) after the grant?
After the 7,843-unit grant, he holds 11,031 restricted stock units in total. These RSUs are subject to the stated vesting schedule and settlement terms, and each represents a contingent right to one share of common stock when earned.
AI-generated analysis. How Rhea-AI works. Not financial advice.
