Form 4: Ducommun Inc. Executive Stephen G. Oswald Reports Tax Withholding Transaction

Stephen G. Oswald, Chairman, President & CEO of Ducommun Inc., reports a transaction involving the withholding of shares to cover tax obligations related to vesting restricted stock units.

Summary

• On May 8, 2025, Stephen G. Oswald, Chairman, President & CEO of Ducommun Inc., had 2,759 common stock shares withheld to cover tax obligations.
• This transaction was related to the vesting of 5,133 restricted stock units.
• Following the transaction, Oswald directly owns 389,125 shares of Ducommun Inc. common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to tax withholding, indicating a neutral sentiment.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track executive compensation and ownership changes.

Comparison to Industry Standards

• Executive compensation practices, including the use of restricted stock units and subsequent tax withholding, are common across publicly traded companies.
• Companies like Lockheed Martin, Boeing, and General Dynamics also utilize similar equity-based compensation plans for their executives.

Stakeholder Impact

• Shareholders are informed about changes in executive ownership.
• The transaction has a minor impact on the company's outstanding shares.

Key Dates

Keywords

Form 4, Beneficial Ownership, Stephen G. Oswald, Ducommun Inc., DCO, Tax Withholding, Restricted Stock Units, Executive Compensation