• Velo3D granted CEO Arun Jeldi a performance-based stock option covering 964,474 shares, with a USD 18.4 exercise price, on June 29, 2026.
• The option vests over five years only if market capitalization milestones are met, reaching full vesting at USD 10 billion.
• Velo3D also put change-in-control severance agreements in place for Jeldi, CFO James Suva, and Chief Revenue Officer Michelle Sidwell.
• Qualifying termination around a change in control triggers a lump sum equal to base salary plus target bonus plus pro-rata target bonus, subject to a release.
• Benefits also include vesting of unvested time-based equity awards, 12 months of medical premiums, and a potential cutback to avoid 280G excise tax impact.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Velo3D Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-292515), on July 01, 2026, and is solely responsible for the information contained therein.