Velo3D director acquires 3,188 shares via RSUs
Velo3D, Inc. director Lloyd Jason Michael reported routine equity compensation activity.
Rhea-AI Filing Summary
Velo3D, Inc. director Lloyd Jason Michael reported routine equity compensation activity. On June 27, 2026, he exercised restricted stock units to acquire 3,188 shares of Common Stock, reflected as an exercise of a derivative security.
Following this transaction, he held 14,375 shares of Common Stock directly and 7,000 shares indirectly, with the indirect holdings kept in an individual retirement account for his benefit. The RSUs were granted under Velo3D’s 2021 Equity Incentive Plan and may be settled in cash, shares, or a combination, at the Compensation Committee’s discretion.
Positive
- None.
Negative
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Insider Trade Summary
3,188 shares exercised/converted
Exercise
3 txns
Insider
Lloyd Jason Michael
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 3,188 | $0.00 | $0.00 |
| Exercise | Common Stock | 3,188 | $16.64 | $53K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 7,843 contracts (Direct);
Common Stock — 14,375 shares (Direct);
Common Stock — 7,000 shares (Indirect, See footnote)
Footnotes (3)
- F1. 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.
- F2. The RSUs shall vest as to 25% of the total grant quarterly, commencing June 27, 2025, with the grant vesting on each subsequent quarter 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.
- F3. The reported securities are held in an individual retirement account ("IRA") for the benefit of the reporting person.
Key Figures
RSUs exercised: 3,188 shares
Reported share price: $16.64 per share
Direct holdings after transaction: 14,375 shares
+1 more
4 metrics
RSUs exercised
3,188 shares
Restricted Stock Units converted to Common Stock on June 27, 2026
Reported share price
$16.64 per share
Common Stock entry associated with 3,188 exercised shares
Direct holdings after transaction
14,375 shares
Common Stock directly owned following June 27, 2026 transactions
Indirect IRA holdings
7,000 shares
Common Stock held indirectly in an IRA for the reporting person
Key Terms
Restricted Stock Unit, 2021 Equity Incentive Plan, individual retirement account ("IRA"), Compensation Committee
4 terms
Restricted Stock Unit financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of Velo3D, Inc."
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.
2021 Equity Incentive Plan financial
"granted under the Company's 2021 Equity Incentive Plan."
individual retirement account ("IRA") financial
"The reported securities are held in an individual retirement account ("IRA") for the benefit of the reporting person."
Compensation Committee financial
"The Compensation Committee (the "Committee") of the Board of Directors of the Company, in its sole discretion, may settle earned RSUs"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Velo3D (VELO) director Lloyd Jason Michael report?
Lloyd Jason Michael reported exercising restricted stock units to acquire 3,188 shares of Velo3D Common Stock on June 27, 2026. This was an equity compensation-related transaction rather than an open-market stock purchase or sale.
Was the Velo3D (VELO) Form 4 a stock purchase or sale in the market?
The Form 4 does not show any open-market buys or sells. It reports an exercise of restricted stock units into 3,188 Velo3D Common shares, which is a compensation event rather than a discretionary trade.
What is the size of the RSU exercise reported for Velo3D (VELO)?
The filing shows an exercise of 3,188 restricted stock units, converting into 3,188 shares of Velo3D Common Stock. The corresponding non-derivative entry lists these shares at a price of $16.64 per share on June 27, 2026.
How are Lloyd Jason Michael’s indirect Velo3D (VELO) holdings structured?
The Form 4 notes 7,000 Velo3D Common shares held indirectly. A footnote explains these securities are kept in an individual retirement account (IRA) for his benefit, clarifying the nature of his indirect ownership.
AI-generated analysis. How Rhea-AI works. Not financial advice.
