Thieneman Kenneth Dale sold VELO
March 4, 2026 · Form 4 insider transaction
Thieneman Kenneth Dale sold 10,000,000 shares of Velo3D, Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as conversion of a derivative and disclosed on an SEC Form 4, filed 2 days after the transaction.
Footnotes
Consists of a Senior Secured Convertible Promissory Note dated February 10, 2025 (the "February Note") in the principal amount of $10,000,000, held by Thieneman Construction, Inc., an Indiana corporation ("Thieneman Construction").; On March 4, 2026, Thieneman Construction delivered a Notice of Conversion to Velo3D, Inc. (the "Company") for the conversion of $10,000,000 of principal amount of the February Note, together with accrued and unpaid interest thereon, into 1,145,830 shares of common stock, par value $0.00001 per share, of the Company.