August 25, 2025 · Form 4 insider transaction
Xu Hull Hou Jun sold 43 shares of Velodrome at $3.89 per share, a transaction worth $167.27. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 37 days after the transaction.
The reporting person's restricted stock units were originally scheduled to vest on August 15, 2025. At the request of the issuer, the release and settlement of such shares was administratively delayed until August 25, 2025 in connection with the issuer's transition to the Nasdaq Capital Market. The transaction date reported reflects the actual release date.