---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-292515"
form_type: "8-K"
ticker: "VELO"
cik: "0001825079"
company_name: "Velo3D, Inc."
filed_at: "2026-07-01T20:04:52+00:00"
generated_at: "2026-07-01T20:08:10.357823+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Velo3D grants CEO performance-based option for 964,474 shares; enters CIC agreements with top executives

## Summary
- Option vests upon market cap milestones: 10% at $1B, 20% at $3B, 30% at $5B, 40% at $10B within 5 years.
- Exercise price $18.40, grant date June 29, 2026.
- CIC agreements with CEO, CFO, and CRO provide severance: lump sum of base salary + target bonus + pro-rata bonus, plus equity vesting and 12 months medical.
- Severance conditioned on release and subject to golden parachute reduction under Sections 280G/4999.

## SEC filing metadata
- accession: 0001193125-26-292515
- form_type: 8-K
- ticker: VELO
- cik: 0001825079
- company_name: Velo3D, Inc.
- filed_at: 2026-07-01T20:04:52+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1825079/000119312526292515/0001193125-26-292515-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1825079/000119312526292515/velo-20260629.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-292515
- JSON: https://secwatch.observer/filing/0001193125-26-292515.json
- Plain text: https://secwatch.observer/filing/0001193125-26-292515.txt

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