Form 4: V2X Inc. Executive Corinne Minton-Package Reports Stock Transactions
SEC Form 4 Filing
Corinne Minton-Package, SVP at V2X Inc., reports the acquisition and disposal of V2X common stock and restricted stock units (RSUs) on March 8 and March 10, 2024.
Summary
- Corinne Minton-Package, a Senior Vice President at V2X Inc., filed a Form 4 detailing changes in beneficial ownership of the company's securities.
- On March 10, 2024, Minton-Package acquired 1,501 and 1,693 shares of V2X common stock through the vesting of restricted stock units (RSUs).
- Also on March 10, 2024, Minton-Package disposed of 452 and 505 shares of V2X common stock to cover tax obligations at a price of $44.45.
- Following these transactions, Minton-Package directly owns 8,436 shares of V2X common stock.
- She also holds 4,953 RSUs awarded on March 8, 2024, which will vest in three equal annual installments beginning on March 8, 2025.
- Additionally, she holds 1,501 RSUs previously awarded on March 10, 2022, and 3,384 RSUs previously awarded on March 10, 2023.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to stock transactions by a company 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 for signals about management's confidence in the company's prospects.
Stakeholder Impact
- The transactions reported in this filing may be of interest to shareholders as they provide insight into the actions of company leadership.
Key Dates
| Date | Description |
|---|---|
| 03/10/2022 | Date of previous RSU award (1,501 shares), vesting in three equal annual installments beginning March 10, 2023. |
| 03/10/2023 | Date of previous RSU award (3,384 shares), vesting in three equal annual installments beginning March 10, 2024. |
| 03/08/2024 | Date of RSU award (4,953 shares), vesting in three equal annual installments beginning March 8, 2025. |
| 03/10/2024 | Date of stock transactions: RSU vesting (1,501 and 1,693 shares) and stock disposal (452 and 505 shares). |
| 03/11/2024 | Date of Form 4 filing. |
| 03/08/2025 | First vesting date for RSUs awarded on March 8, 2024. |
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