June 27, 2025 · Form 4 insider transaction
Thieneman Kenneth Dale bought 12,752 shares of Velodrome at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 88 days after the transaction.
Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock upon settlement for no consideration.; The RSUs shall vest as to 25% of the total grant quarterly, commencing June 27, 2025, with the remainder of grant vesting on each subsequent September 27, 2025, December 27, 2025, and March 27, 2025, subject to the Reporting Person's continued service to the Issuer on each vesting date.; Reflects the 1-for-15 reverse stock split effected by the Issuer on July 25, 2025.