Form 4: V2X Inc. Director Stephen L. Waechter Reports Stock Transactions
SEC Form 4 Filing
Director Stephen L. Waechter reports the vesting and conversion of restricted stock units into V2X, Inc. common stock, along with adjustments to his holdings.
Summary
- On May 3, 2024, Stephen L. Waechter, a director of V2X, Inc., reported transactions involving V2X, Inc. common stock.
- 3,506 restricted stock units (RSUs) converted into V2X, Inc. common stock on a one-for-one basis.
- These RSUs, previously granted on May 4, 2023, fully vested on May 3, 2024.
- Following the transaction, Waechter directly owns 29,901 shares of V2X, Inc. common stock.
- Waechter also indirectly owns 12,000 shares through the Stephen L. Waechter Living Trust.
Sentiment
Score: 5
Explanation: This is a routine disclosure of stock transactions by a company director. It doesn't inherently indicate positive or negative sentiment, but rather provides transparency into insider activity.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, such as directors and officers. This allows investors to monitor the buying and selling activities of those with privileged information.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider activity.
- The vesting of RSUs is part of the director's compensation package.
Key Dates
| Date | Description |
|---|---|
| 05/04/2023 | Date the restricted stock units were granted. |
| 05/03/2024 | Date of the reported transaction (RSU vesting and stock conversion). |
| 05/03/2024 | Date the restricted stock units fully vested. |
| 05/06/2024 | Date of signature on the Form 4 filing. |
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