Form 4: Ducommun Inc. Executive Jerry L. Redondo Reports Stock Transaction

Jerry L. Redondo, S.V.P. at Ducommun Inc., reports disposition of shares to cover tax obligations related to vesting of restricted stock units.

Summary

• On June 21, 2024, Jerry L. Redondo, a Senior Vice President at Ducommun Inc., reported a transaction involving the company's common stock.
• The transaction involved the disposition of 893 shares at a price of $58.02 per share.
• This disposition was to cover tax withholding obligations related to the vesting of 1,660 restricted stock units on the same date.
• Following the transaction, Redondo directly owns 67,126 shares of Ducommun Inc. common stock.

Sentiment

Score: 5

Explanation: The document is a neutral report of a stock transaction related to tax obligations, with no inherent positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives regarding their holdings of company stock.

Stakeholder Impact

• The transaction has a minimal impact on shareholders, as it is a routine sale of shares to cover tax obligations.

Key Dates