Velo3D, Inc. filed an amendment on April 27, 2026, clarifying that the performance-based stock option grant for CEO Arun Jeldi, initially reported as an annual award, is actually a one-time grant intended for 2026-2029 tied to market capitalization milestones of $1B, $3B, $5B, and $10B. The original error occurred in their filing on February 20, 2026.