Form 4: Ducommun Inc. Executive Stephen G. Oswald Reports Stock Transaction
SEC Form 4 Filing
Stephen G. Oswald, Chairman, President & CEO of Ducommun Inc., reports disposition of shares to cover tax obligations related to vesting of restricted stock units.
Summary
- On May 8, 2024, Stephen G. Oswald, Chairman, President & CEO of Ducommun Inc., disposed of 2,759 shares of common stock to satisfy tax withholding obligations.
- The disposition was related to the vesting of 5,132 restricted stock units.
- The price per share was $56.54.
- Following the transaction, Oswald directly owns 343,699 shares of Ducommun Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a standard stock transaction related to executive compensation. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders. This filing indicates routine activity related to executive compensation.
Stakeholder Impact
- The transaction has a minimal direct impact on shareholders, as it is a routine sale of shares by an executive to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 05/08/2024 | Date of stock transaction and vesting of restricted stock units. |
| 05/09/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.