secwatch.observer — SEC 8-K summary
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Issuer:     Velo3D, Inc. (VELO)
CIK:        0001825079
Form:       8-K/A
Filed at:   2026-04-27T23:59:59+00:00
Accession:  0001493152-26-019014
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1825079/000149315226019014/0001493152-26-019014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1825079/000149315226019014/form8-ka.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-019014

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