Form 8-K/A

8-K/A — Velo3D, Inc.

Accession: 0001493152-26-019014

Filed: 2026-04-27

Period: 2026-02-13

CIK: 0001825079

SIC: 3559 (SPECIAL INDUSTRY MACHINERY, NEC)

Item: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

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8-K/A — form8-ka.htm (Primary)

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UNITED

STATES

SECURITIES

AND EXCHANGE COMMISSION

WASHINGTON,

D.C. 20549

FORM

8-K/A

(Amendment

No. 1)

CURRENT

REPORT

PURSUANT

TO SECTION 13 OR 15(d) OF THE

SECURITIES

EXCHANGE ACT OF 1934

Date

of Report (Date of earliest event reported): February 13, 2026

Velo3D,

Inc.

(Exact

name of registrant as specified in its charter)

Delaware

001-39757

98-1556965

(State

or other jurisdiction

incorporation)

(Commission

File

Number)

(IRS

Employer

Identification

No.)

2710

Lakeview Court,

Fremont,

California

94538

(Address

of principal executive offices)

(Zip

Code)

(408)

610-3915

Registrant’s

telephone number, including area code

N/A

(Former

name or former address, if changed since last report.)

Check

the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under

any of the following provisions:

☐

Written

communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting

material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement

communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement

communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities

registered pursuant to Section 12(b) of the Act:

Title

of each class

Trading

Symbol(s)

Name

of each exchange on which registered

Common

stock, $0.00001 par value per share

VELO

The

Nasdaq Stock Market LLC

Indicate

by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405

of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging

growth company ☐

an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying

with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Explanatory

Note

February 20, 2026 (the “Original Filing Date”), Velo3D, Inc. (the “Company”) filed a Current Report on Form 8-K

(the “Original Form 8-K”) disclosing, under Item 5.02, certain compensation arrangements for the Company’s Chief Executive

Officer, Arun Jeldi.z

The

Original Form 8-K indicated that Mr. Jeldi would be entitled to a performance-based stock option grant and described such award as an

“annual” award. This characterization did not accurately reflect the Compensation Committee’s intent.

This

Amendment No. 1 to Current Report on Form 8-K (this “Amendment”) is being filed solely to (i) clarify that the contemplated

performance-based stock option grant is intended to be a one-time award in lieu of routine annual equity awards over a multi-year period

and not an annual award, and (ii) update the disclosure to provide additional details regarding the expected material terms of such one-time

award. Except as described in this Amendment, the Original Form 8-K remains unchanged.

Item

5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of

Certain Officers.

The

Company is filing this Amendment to clarify that the Compensation Committee expects to make a one-time performance-based stock option

award to Mr. Jeldi, our Chief Executive Officer, in 2026 (the “2026 Performance Award”). The Original Form 8-K erroneously

indicated that the award would be an annual award, which did not accurately reflect the Compensation Committee’s intent. Instead,

the 2026 Performance Award is intended to replace routine annual equity grants to Mr. Jeldi for a four year period (2026 through 2029).

The 2026 Performance Award has been designed in consultation with the Compensation Committee’s independent compensation consultant.

The

2026 Performance Award is expected to be sized at 3% of the total outstanding common stock of the Company on the grant date, have a ten-year

term and have an exercise price equal to the fair market value per share of the Company’s common stock on the grant date. The 2026

Performance Award is expected to vest upon the achievement of the following market capitalization milestones within five years following

the grant date: 10% of the options will vest when the Company’s market capitalization reaches $1 billion; an additional 20% when

it reaches $3 billion; an additional 30% when it reaches $5 billion; and the final 40% when it reaches $10 billion, provided in each

case that Mr. Jeldi remains in service with the Company through the achievement of the applicable valuation milestone.

The

Compensation Committee expects to grant the 2026 Performance Award shortly following the Company’s 2026 annual meeting of stockholders.

However, if there are not then sufficient shares available for the award under the Company’s equity incentive plan (the “EIP”),

the Compensation Committee will need to take a different approach. In that case, the Compensation Committee may choose to grant a portion

of the award to Mr. Jeldi with respect to shares then available under the EIP and issue the remainder of the award to Mr. Jeldi after

the automatic January 1, 2027 evergreen increase in the shares subject to the EIP, or it may choose to provide compensation to Mr. Jeldi

on different terms.

The

foregoing description of Mr. Jeldi’s 2026 Performance Award does not purport to be complete and is qualified in its entirety by

the full text of the applicable award agreement, which the Company intends to file as an exhibit to the Company’s applicable periodic

report after the award is granted.

Except

as expressly set forth in this Amendment, the Original Form 8-K is not being amended or updated by this Amendment and remains in effect

as of its original filing date.

SIGNATURES

Pursuant

to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by

the undersigned hereunto duly authorized.

Velo3D,

Inc.

Date:

April 27, 2026

By:

/s/

James Suva

James

Suva

Chief

Financial Officer

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Cover

Feb. 13, 2026

Cover [Abstract]

Document Type

8-K/A

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true

Amendment Description

February 20, 2026 (the “Original Filing Date”), Velo3D, Inc. (the “Company”) filed a Current Report on Form 8-K

(the “Original Form 8-K”) disclosing, under Item 5.02, certain compensation arrangements for the Company’s Chief Executive

Officer, Arun Jeldi.z The

Original Form 8-K indicated that Mr. Jeldi would be entitled to a performance-based stock option grant and described such award as an

“annual” award. This characterization did not accurately reflect the Compensation Committee’s intent.

This

Amendment No. 1 to Current Report on Form 8-K (this “Amendment”) is being filed solely to (i) clarify that the contemplated

performance-based stock option grant is intended to be a one-time award in lieu of routine annual equity awards over a multi-year period

and not an annual award, and (ii) update the disclosure to provide additional details regarding the expected material terms of such one-time

award. Except as described in this Amendment, the Original Form 8-K remains unchanged.

Document Period End Date

Feb. 13, 2026

Entity File Number

001-39757

Entity Registrant Name

Velo3D,

Inc.

Entity Central Index Key

0001825079

Entity Tax Identification Number

98-1556965

Entity Incorporation, State or Country Code

Entity Address, Address Line One

2710

Lakeview Court

Entity Address, City or Town

Fremont

Entity Address, State or Province

Entity Address, Postal Zip Code

94538

City Area Code

(408)

Local Phone Number

610-3915

Written Communications

false

Soliciting Material

false

Pre-commencement Tender Offer

false

Pre-commencement Issuer Tender Offer

false

Title of 12(b) Security

Common

stock, $0.00001 par value per share

Trading Symbol

VELO

Security Exchange Name

NASDAQ

Entity Emerging Growth Company

false

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