secwatch.observer — SEC 8-K summary
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Issuer:     Velo3D, Inc. (VELO)
CIK:        0001825079
Form:       8-K
Filed at:   2026-02-20T23:59:59+00:00
Accession:  0001493152-26-007601
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1825079/000149315226007601/0001493152-26-007601-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1825079/000149315226007601/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-007601

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer