Form 4: Ducommun Inc. Executive Suman B. Mookerji Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Suman B. Mookerji, a Senior Vice President and CFO of Ducommun Inc., reports acquisition and disposal of company stock related to performance stock unit settlement.

Summary

  • On February 26, 2024, Suman B. Mookerji, Sr. V.P. and C.F.O. of Ducommun Inc., acquired 9,840 shares of common stock upon settlement of performance stock units granted on February 17, 2021.
  • These units were granted under the Ducommun Incorporated Stock Incentive Plan and settled due to the satisfaction of performance criteria.
  • Also on February 26, 2024, Mookerji disposed of 5,496 shares of common stock at a price of $48.73 to satisfy tax withholding obligations related to the settlement of the performance stock units.
  • Following these transactions, Mookerji directly owns 27,135 shares of Ducommun Inc. common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects routine stock transactions related to executive compensation. The acquisition of shares due to performance criteria being met is mildly positive.

Positives

  • The settlement of performance stock units indicates that the company met certain performance criteria, which is generally a positive sign.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency into the executive's holdings and transactions in the company's stock.

Stakeholder Impact

  • The transactions have a minor impact on shareholders as they reflect changes in executive ownership.

Key Dates

DateDescription
02/17/2021Date of performance stock units grant
02/26/2024Date of stock acquisition and disposal
02/28/2024Date of Form 4 filing

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