A statement of changes in beneficial ownership for Velo3D, Inc. director Stefan Krause was filed with the SEC on September 15, 2026, disclosing the vesting and conversion of restricted stock units into common stock on September 12, 2026.

Key Highlights

  • Reporting person: Stefan Krause, identified as a Director of Velo3D, Inc. (NASDAQ:VELO)
  • Transaction date: September 12, 2026, with the filing submitted September 15, 2026
  • RSUs converted: 1,960 restricted stock units vested and were acquired as common stock at a price of $10.53 per share
  • Post-transaction common stock: Krause beneficially owned 15,370 shares of common stock directly following the transaction
  • Remaining RSUs: 5,883 restricted stock units remain beneficially owned directly after the reported transaction
  • Vesting schedule: RSUs vest at 25% of the total grant per quarter, commencing September 12, 2026, with subsequent quarterly vesting dates of December 12, 2026, March 12, 2027, and June 12, 2027

Stefan Krause's RSU Conversion at Velo3D Under the 2021 Equity Incentive Plan

According to the filing, the 1,960 restricted stock units that vested on September 12, 2026, were originally granted under Velo3D, Inc.'s 2021 Equity Incentive Plan. Each RSU represents a contingent right to receive one share of common stock of Velo3D, a company focused on metal additive manufacturing. The filing notes that the Compensation Committee of the Board of Directors retains sole discretion to settle earned RSUs in cash, shares of common stock, or a combination of both.

The transaction was recorded under code "M," indicating the conversion of a derivative security into common stock. The price associated with the RSU conversion was listed as $10.53 per share, and the derivative security carried a stated price of $0. Following the transaction, Krause directly held 15,370 shares of common stock and 5,883 RSUs, according to the filing. The filing was signed by Nancy Krystal as attorney-in-fact for Stefan Krause on September 15, 2026.

The remaining RSUs are scheduled to vest in equal quarterly installments on December 12, 2026, March 12, 2027, and June 12, 2027, subject, according to the filing, to Krause's continued service to the issuer on each respective vesting date. No Rule 10b5-1 plan election was indicated for this transaction.

What Was Disclosed

The filing reported the vesting of 1,960 RSUs into common stock by Velo3D director Stefan Krause on September 12, 2026, under the company's 2021 Equity Incentive Plan, leaving him with 15,370 shares of common stock and 5,883 RSUs outstanding.