Form 4: V2X Inc. Executive Corinne Minton-Package Reports Stock Transactions
SEC Form 4 Filing
Corinne Minton-Package, SVP at V2X Inc., reports the vesting and subsequent disposal of restricted stock units and common stock.
Summary
- On March 4, 2024, Corinne Minton-Package, SVP of Operational Technology and Engineering at V2X, Inc., reported transactions involving V2X, Inc. common stock.
- Minton-Package vested 715 restricted stock units (RSUs) which converted to common stock on a one-for-one basis.
- Simultaneously, 247 shares were disposed of to cover tax obligations at a price of $38.81 per share.
- Following these transactions, Minton-Package directly owns 6,199 shares of V2X, Inc. common stock.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing reflecting standard executive compensation practices. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
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.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they involve a small number of shares relative to the company's total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 03/04/2021 | Date the RSUs were previously awarded. |
| 03/04/2022 | Date the RSUs vested in three equal annual installments. |
| 03/04/2024 | Date of the reported transactions: vesting of RSUs and disposal of shares. |
| 03/05/2024 | Date of signature on the Form 4 filing. |
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