Form 4: V2X Inc. Director Melvin Parker Reports Stock Disposal After RSU Vesting
SEC Form 4 Filing
Director Melvin Parker reported disposing of 3,506 shares of V2X, Inc. common stock following the vesting of restricted stock units on May 3, 2024.
Summary
- On May 3, 2024, Melvin Parker, a director of V2X, Inc., disposed of 3,506 shares of V2X, Inc. common stock.
- The disposal was related to the vesting of restricted stock units (RSUs) that were previously granted on May 4, 2023, and fully vested on May 3, 2024.
- The RSUs convert to V2X, Inc. common stock on a one-for-one basis.
- Following the transaction, Parker directly owns 18,899 shares of V2X, Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like directors and officers, trade their company's stock. This filing indicates a routine transaction related to RSU vesting, which is a common form of executive compensation.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine disposal of shares related to RSU vesting.
Key Dates
| Date | Description |
|---|---|
| 05/04/2023 | Date the Restricted Stock Units were granted |
| 05/03/2024 | Date of transaction (RSU vesting and stock disposal) |
| 05/06/2024 | Date of signature on the Form 4 filing |
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