Form 4: V2X Inc. Executive Kenneth W. Shreves Reports Stock Transactions
SEC Form 4 Filing
Kenneth W. Shreves, SVP at V2X, Inc., reports acquisition and disposal of V2X common stock and restricted stock units.
Summary
- On March 10, 2024, Kenneth W. Shreves, SVP of Global Mission Solutions at V2X, Inc., reported transactions involving V2X common stock and restricted stock units.
- Shreves acquired 1,501 shares and 2,327 shares of V2X common stock through the conversion of restricted stock units.
- He also disposed of 439 shares and 675 shares to cover tax obligations at a price of $44.45 per share.
- Following these transactions, Shreves directly owns 11,846 shares of V2X common stock.
- He also holds 9,617 restricted stock units that will vest in three equal annual installments beginning on March 8, 2025, as well as 4,654 previously awarded restricted stock units.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing reflects routine transactions related to executive compensation and tax obligations.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to monitor management's alignment with shareholder interests.
Stakeholder Impact
- The transactions provide transparency to shareholders regarding executive stock ownership.
Key Dates
| Date | Description |
|---|---|
| 03/08/2024 | Date of restricted stock units award. |
| 03/10/2024 | Date of stock transactions (acquisition and disposal). |
| 03/11/2024 | Date of signature on the Form 4 filing. |
| 03/10/2023 | Date of previous RSU award that vests in three equal annual installments beginning on March 10, 2024. |
| 03/08/2025 | First vesting date for the awarded RSUs. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.