Keppler Adrian 4

What Happened

• Adrian Keppler, a director of Velo3D, had 3,188 restricted stock units (RSUs) vest on June 27, 2026 and converted those RSUs into 3,188 shares of common stock. The conversion is reported with a per-share value of $16.64, totaling $53,048. This was a conversion/settlement of equity awards (not an open-market purchase or sale).

Key Details

• Transaction date: 2026-06-27; Filing date: 2026-06-30.
• Reported transaction(s): conversion/exercise of derivative (code M) — 3,188 shares acquired at $16.64 each (total $53,048); the corresponding derivative (RSU) was reported as disposed at $0.00 (reflecting conversion).
• Footnotes: F1 — each RSU converts to one share and may be settled in cash, shares, or a combination at the Compensation Committee’s discretion. F2 — these RSUs vested quarterly and completed vesting on 6/27/2026, subject to continued service.
• Shares owned after the transaction: not specified in the provided excerpt of the filing.
• No late-filing flag indicated in the provided information.

Context

• This was a routine settlement of equity compensation (vesting RSUs), not an open-market purchase or sale. Conversions of RSUs into shares are standard compensation events and do not by themselves indicate insider buying or selling sentiment. The filing shows the awards were settled in shares rather than cash.