SEC Form 4 · accession 0001193125-26-290952
Velo3D, Inc. · VELO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Arun Jeldi
Officer — CEO · Director · 10% Owner
Period of report
Jun 29, 2026
Accepted (ET)
Jun 30, 2026 · 6:19 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001825079
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F1 | $18.40 | Jun 29, 2026 | A | 964,474 | A | — | Jun 29, 2036 | Common stock | 964,474 | 964,474 | D |
Explanation of responses
- F1On June 29, 2026, Arun Jeldi was granted an option to purchase 964,474 shares of common stock ("Shares") of Velo3D, Inc. (the "Company"). The option will vest based on the achievement of the following milestones within five years following the grant date: (i) the option will vest with respect to 10% of the Shares subject thereto when the "market capitalization" (as defined in the award agreement) reaches $1 billion; (ii) the option will vest with respect to an additional 20% of the Shares subject thereto when the market capitalization reaches $3 billion; (iii) the option will vest with respect to an additional 30% of the Shares subject thereto when the market capitalization reaches $5 billion; and (iv) the option will vest with respect to the final 40% of the Shares subject thereto when the market capitalization reaches $10 billion, provided in each case that Mr. Jeldi remains in service with the Company through the achievement of the applicable milestone.