Form 4: V2X Inc. Executive Caputo Jr. Reports Stock Transactions
SEC Form 4
Richard L. Caputo Jr., SVP of Aerospace Systems at V2X, Inc., reports the vesting and subsequent disposal of restricted stock units to cover tax obligations.
Summary
- Richard L. Caputo Jr., a Senior Vice President at V2X, Inc., filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
- On March 7, 2025, 1,113 restricted stock units (RSUs) vested and were converted to common stock.
- 320 shares were then disposed of at a price of $46.73 to satisfy tax obligations.
- On March 10, 2025, 1,269 restricted stock units (RSUs) vested and were converted to common stock.
- 365 shares were then disposed of at a price of $46.65 to satisfy tax obligations.
- Following these transactions, Caputo directly owns 22,069 shares of V2X, Inc. common stock.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to stock transactions by an executive. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Comparison to Industry Standards
- Executive compensation packages often include restricted stock units (RSUs) that vest over time, aligning executive interests with long-term shareholder value.
- The disposal of shares to cover tax obligations upon vesting is a common practice among executives receiving equity compensation.
- Companies like Lockheed Martin, General Dynamics, and RTX Corporation also utilize RSUs as part of their executive compensation packages.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they represent a small percentage of the total outstanding shares.
- The vesting of RSUs is part of the executive compensation plan, aligning management's interests with shareholder value.
Key Dates
| Date | Description |
|---|---|
| March 10, 2023 | Date of a previous RSU grant that vests in three equal annual installments beginning on March 10, 2024. |
| March 8, 2024 | Date of a previous RSU grant that vests in three equal annual installments beginning on March 8, 2025. |
| March 7, 2025 | Vesting of 1,113 restricted stock units and disposal of 320 shares at $46.73. |
| March 8, 2025 | First vesting date of RSUs awarded on March 8, 2024. |
| March 10, 2025 | Vesting of 1,269 restricted stock units and disposal of 365 shares at $46.65. |
| March 11, 2025 | Date of signature by Attorney-in-Fact. |
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