Form 4: Spirit AeroSystems Executive Damon Christopher Ward Reports Stock Transactions
SEC Form 4 Filing
Damon Christopher Ward, VP, Corporate Controller at Spirit AeroSystems, reports the vesting and subsequent tax withholding of restricted stock units.
Summary
- On April 27, 2024, Damon Christopher Ward, VP, Corporate Controller of Spirit AeroSystems Holdings, Inc., reported transactions involving Class A Common Stock.
- These transactions included the vesting of 1,332 restricted stock units and the withholding of 589 shares to cover tax obligations.
- The price per share for the tax withholding was $32.49.
- Following these transactions, Ward directly owns 11,736 shares of Class A Common Stock and 7,477 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions by an executive, with no inherent positive or negative implications for the company's overall performance.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Key Dates
| Date | Description |
|---|---|
| 04/27/2021 | Reporting person was granted 4,000 restricted stock units, vesting in three annual installments beginning on the first anniversary of the grant date. |
| 04/27/2024 | Vesting of 1,332 restricted stock units and tax withholding of 589 shares. |
| 04/30/2024 | Date of signature for the Form 4 filing. |
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