Form 4: V2X Inc. Corporate VP, CAO William Boyd Noon Reports Stock Transactions
SEC Form 4 Filing
William Boyd Noon, Corporate VP and CAO of V2X Inc., reports the vesting and subsequent disposal of restricted stock units (RSUs) to cover tax obligations.
Summary
- On March 7, 2025, William Boyd Noon, Corporate VP, CAO of V2X Inc., vested 1,262 shares of V2X, Inc. common stock from restricted stock units.
- Following the vesting, 308 shares were disposed of at a price of $46.73 to satisfy tax obligations.
- On March 10, 2025, Noon vested 1,039 shares of V2X, Inc. common stock from restricted stock units.
- Following the vesting, 253 shares were disposed of at a price of $46.65 to satisfy tax obligations.
- On March 10, 2025, Noon vested 1,375 shares of V2X, Inc. common stock from restricted stock units.
- Following the vesting, 335 shares were disposed of at a price of $46.65 to satisfy tax obligations.
- After these transactions, Noon directly owns 13,711 shares of V2X, Inc. common stock and indirectly owns 500 shares through a spouse.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock transactions, typical for executive compensation. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This Form 4 filing is a routine disclosure related to insider stock transactions, which are common for executives receiving stock-based compensation. It provides transparency to investors regarding the trading activities of company insiders.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies and their executives, ensuring compliance with SEC regulations.
- Similar filings are made by executives at companies like Lockheed Martin, Boeing, and General Dynamics when they exercise stock options or RSUs.
Stakeholder Impact
- The transactions have a minimal impact on shareholders, as they represent a small portion of the overall outstanding shares.
- The transactions ensure the executive remains compliant with tax obligations related to their compensation.
Key Dates
| Date | Description |
|---|---|
| 03/08/2024 | Date of previous RSU award that vests in three equal annual installments beginning on March 8, 2025. |
| 03/10/2022 | Date of previous RSU award that vests in three equal annual installments beginning on March 10, 2023. |
| 03/10/2023 | Date of previous RSU award that vests in three equal annual installments beginning on March 10, 2024. |
| 03/07/2025 | Date of RSU vesting and stock disposal. |
| 03/10/2025 | Date of RSU vesting and stock disposal. |
| 03/11/2025 | Date of signature on the Form 4 filing. |
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