Krause Stefan 4

What Happened
Stefan Krause, a director of Velo3D, Inc. (VELO), received a grant of 7,843 restricted stock units (RSUs) on June 12, 2026. The RSUs were granted at $0.00 (derivative award) and represent a contingent right to receive one share of Velo3D common stock per RSU. The grant was made under the company’s 2021 Equity Incentive Plan and may be settled in cash, shares, or a combination, at the Compensation Committee’s discretion.

Key Details

• Transaction type/code: Award/Grant (A) — 7,843 RSUs granted on 2026-06-12.
• Price: $0.00 per RSU (no cash paid at grant). Total dollar amount not specified in the filing.
• Vesting: 25% vests quarterly — Sept 12, 2026; Dec 12, 2026; Mar 12, 2027; Jun 12, 2027 — subject to continued service (see footnote).
• Settlement: RSUs may be settled in cash, shares, or both (per Compensation Committee discretion).
• Shares owned after transaction: Not specified in the Form 4 filing.
• Filing timeliness: Form 4 filed 2026-06-16 for a 2026-06-12 grant — filed within the required reporting window.

Context
RSU grants are a common form of equity compensation and do not represent an immediate purchase or sale of stock. They are contingent and only convert to actual shares (or cash) if vesting conditions are met; therefore this is not an immediate bullish purchase signal. Investors should note potential future dilution when RSUs are settled and monitor vesting dates if assessing insider alignment with shareholder interests.