Form 4: Ducommun Inc. Executive Rajiv A. Tata Reports Stock Transaction

Rajiv A. Tata, V.P., G.C. & Corp. Secretary of Ducommun Inc., reports a transaction involving common stock to cover tax obligations related to restricted stock units.

Summary

• On May 8, 2024, Rajiv A. Tata, V.P., G.C. & Corp. Secretary of Ducommun Inc., engaged in a transaction involving the company's common stock.
• The transaction involved the disposal of 666 shares at a price of $56.54 per share.
• This disposal was to satisfy tax withholding obligations related to the settlement of 1,239 restricted stock units on the same date.
• Following the reported transaction, Mr. Tata directly owns 23,514 shares of Ducommun Inc. common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing a stock transaction for tax purposes, indicating a neutral sentiment.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies, ensuring transparency in insider trading.
• The transaction is typical for executives receiving stock-based compensation, where a portion of shares are often sold to cover tax obligations.
• Similar transactions are regularly reported by executives at companies like Boeing, Lockheed Martin, and General Dynamics, reflecting the common use of stock-based compensation in the aerospace and defense industry.

Key Dates