Krause Stefan 4

What Happened

• Director Stefan Krause had restricted stock units (RSUs) vest and convert into 3,188 shares of Velo3D common stock on June 27, 2026. The filing reports an acquisition of 3,188 shares at $16.64 per share, totaling $53,048. A corresponding derivative disposition line reflects the cancellation/conversion of the RSUs (no cash sale).

Key Details

• Transaction date: 2026-06-27; Filing date: 2026-06-30 (Form 4 accession 0001193125-26-290764).
• Acquired: 3,188 shares @ $16.64 = $53,048 (result of RSU settlement).
• Disposed: 3,188 derivative units @ $0 (represents conversion/cancellation of RSUs).
• Shares owned after transaction: Not specified in the Form 4.
• Footnotes: F1 — RSUs represent contingent rights to one share each and may be settled in cash, stock, or both. F2 — These RSUs vested in quarterly installments, with final vesting on June 27, 2026, subject to continued service.
• Filing timeliness: Filed three days after the vesting date; the Form 4 does not indicate a late filing flag.

Context

• This was not a market sale but the vesting/settlement of RSUs (an award converting into common shares). The derivative "disposed" line simply reflects cancellation of the RSU rights upon settlement. No immediate sale of the acquired shares is reported in this filing.