Form 4: Ducommun Executive Sells Shares for Tax Obligations Following RSU Vesting
Insider Transaction Report
Jerry L. Redondo, Senior Vice President at Ducommun Inc., disposed of 893 shares of common stock to cover tax withholding obligations related to the vesting of restricted stock units.
Summary
- Jerry L. Redondo, S.V.P., Elec. & Struc. Systems at Ducommun Inc. (DCO), reported a transaction on June 20, 2025.
- The transaction involved the disposition of 893 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 1,661 restricted stock units (RSUs).
- Following this transaction, Mr. Redondo beneficially owns 68,777 shares of Ducommun Common Stock directly.
Sentiment
Score: 6
Explanation: The transaction is a routine tax-related sale following RSU vesting, which is a neutral event for the company's operational performance. The underlying RSU vesting is a positive for the executive.
Positives
- The underlying event, the vesting of 1,661 restricted stock units, represents a positive compensation event for the executive.
Negatives
- A reduction of 893 shares from the executive's direct beneficial ownership.
Future Outlook
N/A
Industry Context
N/A
Stakeholder Impact
- Shareholders: Minimal impact as it's a routine, non-discretionary sale for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 06/20/2025 | Date of transaction (disposition of shares and RSU vesting) |
| 06/23/2025 | Date of Form 4 filing |
Keywords
Ducommun Inc., DCO, Jerry L. Redondo, SEC Form 4, Insider Trading, Stock Transaction, Restricted Stock Units, RSU Vesting, Tax Withholding, Executive Compensation
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