Velo3D CEO Jeldi gets $650K salary, bonus up to 100%, stock options with valuation-based vesting

Velo3D, Inc.

Annual base salary set at $650,000 effective January 1, 2026.
Annual incentive bonus of up to 100% of base salary based on performance objectives.
Annual stock option grant equal to 2-3% of outstanding common stock with vesting tied to enterprise valuation milestones: 10% at $1B, 20% at $3B, 30% at $5B, 40% at $10B.
Compensation approved by Compensation Committee on February 13, 2026.
CEO Arun Jeldi's prior compensation terms replaced effective January 1, 2026.

item 5.02

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