Form 4: V2X Inc. Director Eric M. Pillmore Reports Stock Unit Conversion
SEC Form 4 Filing
Director Eric M. Pillmore converted restricted stock units into V2X, Inc. common stock on May 3, 2024.
Summary
- On May 3, 2024, Eric M. Pillmore, a director of V2X, Inc., converted 3,506 restricted stock units (RSUs) into V2X, Inc. common stock.
- The RSUs, which convert on a one-for-one basis, were previously granted on May 4, 2023, and fully vested on May 3, 2024.
- Following the transaction, Pillmore beneficially owns 38,391 shares of V2X, Inc. common stock.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to stock unit conversion, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the vesting and conversion of previously granted equity compensation.
Stakeholder Impact
- The conversion of RSUs into common stock may have a minor dilutive effect on existing shareholders.
Key Dates
| Date | Description |
|---|---|
| 05/04/2023 | Date the restricted stock units were granted. |
| 05/03/2024 | Date of the transaction where restricted stock units vested and were converted into common stock. |
| 05/06/2024 | Date of the report filing. |
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