Velo3D files 8-K/A clarifying CEO Arun Jeldi's one-time performance stock option replaces annual equity for 4 years

Velo3D, Inc.

One-time option grant sized at 3% of outstanding shares, ten-year term, FMV exercise price.
Vesting tied to market cap milestones: 10% at $1B, 20% at $3B, 30% at $5B, 40% at $10B within 5 years.
Award covers 2026-2029 period, replacing routine annual equity grants.
Grant expected shortly after 2026 annual meeting, subject to sufficient shares under equity plan.
Amendment corrects prior 8-K that incorrectly described award as annual.

item 5.02

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