secwatch.observer — SEC 8-K summary
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Issuer:     Velo3D, Inc. (VELO)
CIK:        0001825079
Form:       8-K
Filed at:   2024-09-30T23:59:59+00:00
Accession:  0000950170-24-110362
Event type: leadership
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1825079/000095017024110362/0000950170-24-110362-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1825079/000095017024110362/vldx-20240926.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-110362

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