Form 4: Ducommun CFO Suman Mookerji Disposes of Shares for Tax Withholding

Ducommun Inc.'s Senior Vice President and CFO, Suman B. Mookerji, disposed of 838 shares of common stock on June 20, 2025, to cover tax withholding obligations related to the vesting of restricted stock units.

Summary

• Suman B. Mookerji, SVP and CFO of Ducommun Inc. (DCO), reported a transaction on June 20, 2025.
• The transaction involved the disposition of 838 shares of Ducommun common stock.
• The shares were disposed of at a price of $80.57 per share.
• This disposition was made to satisfy tax withholding obligations associated with the vesting of 1,558 restricted stock units.
• Following this transaction, Mr. Mookerji beneficially owns 42,118 shares of Ducommun common stock.

Sentiment

Score: 5

Explanation: The transaction is a standard disposition of shares to cover tax withholding obligations upon the vesting of restricted stock units, which is a neutral event for the company's operational performance or strategic direction.

Positives

• The underlying event is the vesting of 1,558 restricted stock units, which represents a positive compensation event for the executive.
• The disposition of shares is a non-discretionary transaction to cover tax obligations, not a sale indicating a lack of confidence in the company.

Negatives

• The executive's direct beneficial ownership of Ducommun common stock decreased by 838 shares.

Future Outlook

This Form 4 filing, detailing an insider transaction for tax withholding, does not provide any forward-looking statements or guidance regarding the company's future performance or strategic outlook.

Industry Context

This transaction is a routine insider filing common across all industries where executives receive equity compensation in the form of restricted stock units. The disposition of shares to cover tax withholding upon vesting is a standard practice and does not reflect specific industry trends or competitive positioning.

Comparison to Industry Standards

• The practice of disposing of shares to cover tax withholding upon the vesting of restricted stock units is a standard and widely accepted method of managing equity compensation across various industries and companies, including those comparable to Ducommun Inc. in the aerospace and defense sector.
• This type of transaction is a common occurrence for executives receiving equity awards and is not indicative of unique company-specific or industry-specific issues.

Stakeholder Impact

• Shareholders: The transaction represents a minor, non-discretionary reduction in an executive's direct shareholding, which is a routine part of equity compensation and generally has minimal impact on overall shareholder value or sentiment.
• Employees: No direct impact on the broader employee base.
• Customers, Suppliers, Creditors: No direct impact on these stakeholders.

Key Dates

Keywords

Ducommun Inc, DCO, Suman B. Mookerji, Form 4, SEC filing, insider transaction, stock disposition, tax withholding, restricted stock units, CFO, corporate governance