secwatch.observer — SEC 8-K summary
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Issuer:     Velo3D, Inc. (VELO)
CIK:        0001825079
Form:       8-K/A
Filed at:   2024-07-02T23:59:59+00:00
Accession:  0001825079-24-000027
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Velo3D boosts new CEO Bradley Kreger's base to $460K and 2024 target bonus to 70%
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- Bradley Kreger appointed CEO effective June 14, 2024; base salary raised from $380K to $460K.
- 2024 target bonus fixed at 70% of new base ($322K) per annual bonus plan.
- Compensation Committee approved modifications on June 26, 2024, effective as of June 14.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1825079/000182507924000027/0001825079-24-000027-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1825079/000182507924000027/vld-20240614.htm
  HTML page:      https://secwatch.observer/filing/0001825079-24-000027

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