STOCK TITAN

[Form 4] Velo3D, Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4

Adrian Keppler, a director of Velo3D, Inc. (VELO), reported acquisitions on Form 4 dated 09/27/2025. The filing shows he purchased 3,188 shares of common stock at $3.01 per share and received 3,188 restricted stock units (RSUs) that convert to one share each for no consideration. After the transactions, he beneficially owns 3,684 shares. The RSUs vest 25% quarterly beginning June 27, 2025, with remaining installments on each September 27, December 27, March 27, and June 27 through June 27, 2026, contingent on continued service. The filing also notes a 1-for-15 reverse stock split effected July 25, 2025.

Adrian Keppler, un direttore di Velo3D, Inc. (VELO), ha riportato acquisizioni nel modulo 4 datato 27/09/2025. La dichiarazione mostra che ha acquistato 3.188 azioni ordinarie a 3,01 dollari ciascuna e ha ricevuto 3.188 unità azionarie vincolate (RSU) che si convertono in una azione ciascuna senza corrispettivo. Dopo le transazioni detiene beneficiariamente 3.684 azioni. Le RSU vestono al 25% trimestralmente a partire dal 27 giugno 2025, con i rimanenti pagamenti a ciascun 27 settembre, 27 dicembre, 27 marzo e 27 giugno fino al 27 giugno 2026, soggetti alla continued service. La dichiarazione segnala anche una reverse split azionario di 1-for-15 eseguita il 25 luglio 2025.

Adrian Keppler, director de Velo3D, Inc. (VELO), informó de adquisiciones en el Formulario 4 con fecha del 27/09/2025. La presentación muestra que compró 3.188 acciones comunes a 3,01 dólares por acción y recibió 3.188 unidades de acciones restringidas (RSU) que se convierten en una acción cada una sin contraprestación. Después de las transacciones, posee beneficiosamente 3.684 acciones. Las RSU se consolidan al 25 % trimestralmente a partir del 27 de junio de 2025, con los pagos restantes en cada 27 de septiembre, 27 de diciembre, 27 de marzo y 27 de junio hasta el 27 de junio de 2026, sujeto a la continuación del servicio. La declaración también señala una división inversa de acciones de 1 por 15 efectuada el 25 de julio de 2025.

Adrian Keppler, Velo3D, Inc. (VELO)의 이사, 2025년 9월 27일 자 Form 4에서 취득을 보고했습니다. 이 보고서에 따르면 그는 주당 3.01달러로 보통주 3,188주를 매입했고, 3,188주 RSU(제약 주식단위)를 받았으며, RSU는 각각 1주로 전환됩니다. 거래 후 그는 3,684주를 실질적으로 소유합니다. RSU는 2025년 6월 27일부터 분기별로 25%씩 vesting되며, 남은 분할은 9월 27일, 12월 27일, 3월 27일, 6월 27일에 차례로 지급되며 2026년 6월 27일까지 지속됩니다. 이는 계속 근무 조건에 따릅니다. 보고서는 또한 2025년 7월 25일에 시행된 1 대 15의 역분할을 언급합니다.

Adrian Keppler, directeur de Velo3D, Inc. (VELO), a communiqué des acquisitions sur le formulaire 4 daté du 27/09/2025. Le dépôt indique qu'il a acheté 3 188 actions ordinaires à 3,01 $ par action et a reçu 3 188 unités d'actions restreintes (RSU) qui se convertissent en une action chacune sans contrepartie. Après les transactions, il détient avantageusement 3 684 actions. Les RSU restent acquises à raison de 25 % par trimestre à partir du 27 juin 2025, les versements restants ayant lieu le 27 septembre, le 27 décembre, le 27 mars et le 27 juin jusqu'au 27 juin 2026, sous réserve de la poursuite du service. Le dépôt mentionne également une division inverse des actions de 1 pour 15 effectuée le 25 juillet 2025.

Adrian Keppler, Vorstandsmitglied bei Velo3D, Inc. (VELO), meldete Anschaffungen im Formular 4 vom 27.09.2025. Die Einreichung zeigt, dass er 3.188 Stammaktien zu je 3,01 USD gekauft hat und 3.188 Restricted Stock Units (RSUs) erhielt, die sich jeweils in eine Aktie umwandeln, ohne Gegenleistung. Nach den Transaktionen besitzt er wirtschaftlich 3.684 Aktien. Die RSUs vesten zu 25 % vierteljährlich beginnend am 27. Juni 2025, mit verbleibenden Raten am 27. September, 27. Dezember, 27. März und 27. Juni bis zum 27. Juni 2026, abhängig von fortgesetzter Tätigkeit. Der Bericht weist auch auf eine 1-zu-15-umgekehrte Aktienaufteilung hin, die am 25. Juli 2025 durchgeführt wurde.

أدريان كبلر، مدير في Velo3D, Inc. (VELO)، أبلغ عن عمليات شراء في النموذج 4 المؤرخ 27/09/2025. يُظهر الإيداع أنه اشترى 3,188 سهماً عادياً بسعر 3.01 دولار للسهم وتلقى 3,188 وحدة أسهم مقيدة (RSU) تتحول إلى سهم واحد لكل وحدة من دون مقابل. بعد المعاملات، يمتلك بشكل فعّال 3,684 سهماً. ستصبح RSU محققة خلال 25% ربعيًا اعتباراً من 27 يونيو 2025، مع الدفعات المتبقية في 27 سبتمبر و27 ديسمبر و27 مارس و27 يونيو حتى 27 يونيو 2026، رهناً باستمرار الخدمة. كما يشير الإيداع إلى تقسيم عكسي للأسهم بنسبة 1 مقابل 15 أُجري في 25 يوليو 2025.

Adrian Keppler,Velo3D, Inc.(VELO)的董事,已在日期为 2025-09-27 的 Form 4 上报告了获取情况。 该披露显示他以每股 3.01 美元购买了 3,188 股普通股,并获得 3,188 份受限股票单位(RSU),每单位可在不对价的情况下转换为一股。交易完成后,他实际拥有 3,684 股。RSU 将从 2025 年 6 月 27 日起按季度 vest,比例为 25%,其余分期在每年的 9 月 27 日、12 月 27 日、3 月 27 日和 6 月 27 日兑现,直至 2026 年 6 月 27 日,前提是持续在职。申报还提到在 2025 年 7 月 25 日实施的 1 比 15 的股票分拆(逆向分拆)。

Positive
  • Acquisition of 3,188 common shares at $3.01 indicating direct insider purchase
  • Grant of 3,188 RSUs that convert one-for-one to common stock for no consideration
  • Clear vesting schedule for RSUs with 25% vesting quarterly through June 27, 2026, aligning retention incentives
Negative
  • None.

Insights

TL;DR: Director acquired shares and RSUs, increasing aligned ownership with a defined vesting schedule.

The reporting shows a director-level insider purchase of 3,188 shares at $3.01 and receipt of 3,188 RSUs that convert one-for-one at no cost upon vesting. Post-transaction beneficial ownership is 3,684 shares. The RSU vesting timetable is explicit and tied to continued service through June 27, 2026, which signals standard retention-based compensation rather than immediate liquidity. The 1-for-15 reverse split is recorded and affected historical share counts; no other compensatory or disposition events are disclosed.

TL;DR: Transaction appears routine: compensation-driven RSUs and a small open-market purchase by a director.

The Form 4 reflects a mix of market purchase and equity compensation. RSUs vest in defined tranches, aligning the director’s incentives with continued service. The reported purchase price and number of shares are documented; beneficial ownership after the report is modest. There are no disclosed departures, option exercises, or sales that would signal governance concerns. The filing is complete for the events it describes.

Adrian Keppler, un direttore di Velo3D, Inc. (VELO), ha riportato acquisizioni nel modulo 4 datato 27/09/2025. La dichiarazione mostra che ha acquistato 3.188 azioni ordinarie a 3,01 dollari ciascuna e ha ricevuto 3.188 unità azionarie vincolate (RSU) che si convertono in una azione ciascuna senza corrispettivo. Dopo le transazioni detiene beneficiariamente 3.684 azioni. Le RSU vestono al 25% trimestralmente a partire dal 27 giugno 2025, con i rimanenti pagamenti a ciascun 27 settembre, 27 dicembre, 27 marzo e 27 giugno fino al 27 giugno 2026, soggetti alla continued service. La dichiarazione segnala anche una reverse split azionario di 1-for-15 eseguita il 25 luglio 2025.

Adrian Keppler, director de Velo3D, Inc. (VELO), informó de adquisiciones en el Formulario 4 con fecha del 27/09/2025. La presentación muestra que compró 3.188 acciones comunes a 3,01 dólares por acción y recibió 3.188 unidades de acciones restringidas (RSU) que se convierten en una acción cada una sin contraprestación. Después de las transacciones, posee beneficiosamente 3.684 acciones. Las RSU se consolidan al 25 % trimestralmente a partir del 27 de junio de 2025, con los pagos restantes en cada 27 de septiembre, 27 de diciembre, 27 de marzo y 27 de junio hasta el 27 de junio de 2026, sujeto a la continuación del servicio. La declaración también señala una división inversa de acciones de 1 por 15 efectuada el 25 de julio de 2025.

Adrian Keppler, Velo3D, Inc. (VELO)의 이사, 2025년 9월 27일 자 Form 4에서 취득을 보고했습니다. 이 보고서에 따르면 그는 주당 3.01달러로 보통주 3,188주를 매입했고, 3,188주 RSU(제약 주식단위)를 받았으며, RSU는 각각 1주로 전환됩니다. 거래 후 그는 3,684주를 실질적으로 소유합니다. RSU는 2025년 6월 27일부터 분기별로 25%씩 vesting되며, 남은 분할은 9월 27일, 12월 27일, 3월 27일, 6월 27일에 차례로 지급되며 2026년 6월 27일까지 지속됩니다. 이는 계속 근무 조건에 따릅니다. 보고서는 또한 2025년 7월 25일에 시행된 1 대 15의 역분할을 언급합니다.

Adrian Keppler, directeur de Velo3D, Inc. (VELO), a communiqué des acquisitions sur le formulaire 4 daté du 27/09/2025. Le dépôt indique qu'il a acheté 3 188 actions ordinaires à 3,01 $ par action et a reçu 3 188 unités d'actions restreintes (RSU) qui se convertissent en une action chacune sans contrepartie. Après les transactions, il détient avantageusement 3 684 actions. Les RSU restent acquises à raison de 25 % par trimestre à partir du 27 juin 2025, les versements restants ayant lieu le 27 septembre, le 27 décembre, le 27 mars et le 27 juin jusqu'au 27 juin 2026, sous réserve de la poursuite du service. Le dépôt mentionne également une division inverse des actions de 1 pour 15 effectuée le 25 juillet 2025.

Adrian Keppler, Vorstandsmitglied bei Velo3D, Inc. (VELO), meldete Anschaffungen im Formular 4 vom 27.09.2025. Die Einreichung zeigt, dass er 3.188 Stammaktien zu je 3,01 USD gekauft hat und 3.188 Restricted Stock Units (RSUs) erhielt, die sich jeweils in eine Aktie umwandeln, ohne Gegenleistung. Nach den Transaktionen besitzt er wirtschaftlich 3.684 Aktien. Die RSUs vesten zu 25 % vierteljährlich beginnend am 27. Juni 2025, mit verbleibenden Raten am 27. September, 27. Dezember, 27. März und 27. Juni bis zum 27. Juni 2026, abhängig von fortgesetzter Tätigkeit. Der Bericht weist auch auf eine 1-zu-15-umgekehrte Aktienaufteilung hin, die am 25. Juli 2025 durchgeführt wurde.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Keppler Adrian

(Last) (First) (Middle)
C/O VELO3D, INC.
2710 LAKEVIEW CT

(Street)
FREMONT CA 94538

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Velo3D, Inc. [ VELO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
09/27/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 09/27/2025 M 3,188 A $3.01 3,684(1) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (2) 09/27/2025 M 3,188 (3) (3) Common Stock 3,188 $0 9,564 D
Explanation of Responses:
1. Reflects the 1-for-15 reverse stock split effected by the Issuer on July 25, 2025.
2. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock upon settlement for no consideration.
3. 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.
/s/ Bernard Chung as attorney-in-fact for Adrian Keppler 10/01/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Adrian Keppler report on Form 4 for VELO?

He reported purchasing 3,188 shares at $3.01 and receiving 3,188 RSUs that convert to common stock for no consideration.

How many shares does Adrian Keppler beneficially own after the reported transactions?

The filing states he beneficially owns 3,684 shares following the reported transactions.

When do the RSUs vest according to the Form 4?

RSUs vest 25% quarterly beginning June 27, 2025, with subsequent vesting on Sept 27, Dec 27, Mar 27 and June 27, 2026, subject to continued service.

Did the filing note any corporate actions affecting share counts?

Yes, the filing reflects a 1-for-15 reverse stock split effected by the issuer on July 25, 2025.

Were there any dispositions or sales disclosed by the reporting person?

No dispositions or sales are disclosed; the Form 4 shows acquisitions and RSU grants only.
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