Velo3D, Inc. 8-K

What Happened Velo3D, Inc. filed an 8-K (Item 5.02) on Feb 20, 2026 disclosing that its Compensation Committee approved updated pay for CEO Arun Jeldi. The changes are effective January 1, 2026 and were approved by the Committee on February 13, 2026.

Key Details

• Annual base salary set at $650,000 per year (effective Jan 1, 2026).
• Annual incentive bonus up to 100% of base salary, based on performance objectives set by the Compensation Committee.
• Annual stock option grant equal to 2–3% of the Company’s total common stock outstanding at the time of grant.
• Option vesting tied to enterprise valuation milestones: 10% at $1B, 20% at $3B, 30% at $5B, and 40% at $10B.

Why It Matters This filing shows the Company tying a significant portion of the CEO’s pay to company valuation and performance, which aligns leadership incentives with growth targets. The stock option grant — defined as 2–3% of outstanding common shares at grant — could be a meaningful source of dilution when issued. Investors should note the mix of cash and equity incentives and that bonus and option vesting depend on future performance measures and valuation milestones.