Form 4: Ducommun Inc. Executive Suman B. Mookerji Reports Stock Transaction
SEC Form 4 Filing
Suman B. Mookerji, S.V.P. and CFO of Ducommun Inc., reports a transaction involving the disposal of shares to cover tax obligations related to vesting restricted stock units.
Summary
- On June 21, 2024, Suman B. Mookerji, the S.V.P. and CFO of Ducommun Inc., reported a transaction.
- The transaction involved the disposal of 838 shares of common stock at a price of $58.02 per share.
- This disposal was to satisfy tax withholding obligations related to the vesting of 1,558 restricted stock units on the same date.
- Following the transaction, Mookerji directly owns 32,539 shares of Ducommun Inc. common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing relates to a routine stock transaction for tax purposes.
Industry Context
This is a routine filing related to executive compensation and does not necessarily indicate a change in the company's outlook or performance.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 06/21/2024 | Date of transaction and vesting of restricted stock units |
| 06/24/2024 | Date of signature on the Form 4 filing |
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