Velo3D director exercises 3,188 RSUs into shares
Velo3D director Stefan Krause exercised previously granted Restricted Stock Units, converting them into 3,188 shares of Common Stock.
Rhea-AI Filing Summary
Velo3D director Stefan Krause exercised previously granted Restricted Stock Units, converting them into 3,188 shares of Common Stock. The Form 4 shows an exercise price of $10.00 per share for the common stock entry, and that Krause now directly holds 10,222 Common Stock shares after the transactions. Footnotes explain that each RSU represents a right to receive one share for no cash consideration and that the award vests in quarterly installments through June 27, 2026, conditioned on his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,188 | $0.00 | $0.00 |
| Exercise | Common Stock | 3,188 | $10.00 | $32K |
Footnotes (2)
- F1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock upon settlement for no consideration.
- F2. The RSUs shall vest as to 25% of the total grant quarterly, commencing June 27, 2025, with the remainder of grant vesting on each subsequent September 27, 2025, December 27, 2025, March 27, 2026, and June 27, 2026, subject to the Reporting Person's continued service to the Issuer on each vesting date.
Key Figures
Key Terms
Restricted Stock Units financial
derivative security financial
vesting financial
contingent right financial
FAQ
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What did Velo3D (VELO) director Stefan Krause report in this Form 4?
What is the exercise or conversion price shown in Stefan Krause’s Velo3D (VELO) Form 4?
What are the vesting terms of Stefan Krause’s Velo3D (VELO) Restricted Stock Units?
AI-generated analysis. How Rhea-AI works. Not financial advice.