---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-110362"
form_type: "8-K"
ticker: "VELO"
cik: "0001825079"
company_name: "Velo3D, Inc."
filed_at: "2024-09-30T23:59:59+00:00"
generated_at: "2026-05-31T00:50:46.877078+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Velo3D appoints Darryl C. Porter as independent director; board expands to 10

## Summary
- Board increased from 9 to 10 directors; Porter designated Class III director, term through 2027 annual meeting.
- Monthly fee of $40,000 plus $7,000 per diem for days with >4 hours of non-routine service.
- Porter is CEO of Port Lucida, an IP management firm; over 35 years experience in legal and business fields.
- Director Agreement includes indemnification to fullest extent under Delaware law and advancement of defense costs.
- No family relationships or transactions requiring disclosure under Item 404(a) filed.

## SEC filing metadata
- accession: 0000950170-24-110362
- form_type: 8-K
- ticker: VELO
- cik: 0001825079
- company_name: Velo3D, Inc.
- filed_at: 2024-09-30T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1825079/000095017024110362/0000950170-24-110362-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1825079/000095017024110362/vldx-20240926.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-110362
- JSON: https://secwatch.observer/filing/0000950170-24-110362.json
- Plain text: https://secwatch.observer/filing/0000950170-24-110362.txt

## Key facts
- Executive change
  Darryl C. Porter was appointed as Independent Director at Velo3D, Inc..
  - Action: appointed
  - Role: Independent Director
  source text: On September 26, 2024 (the “Appointment Date”), the Board formally appointed Darryl C. Porter as an independent director (“Independent Director”) of the Company to fill the newly created vacancy, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1825079/000095017024110362/0000950170-24-110362-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.