Form 4: V2X Inc. Executive William Boyd Noon Reports Stock Transactions

William Boyd Noon, a Corporate VP and CAO at V2X, Inc., reported the acquisition and disposal of V2X common stock and restricted stock units (RSUs) on March 10, 2024.

Summary

• On March 10, 2024, William Boyd Noon, a Corporate VP and CAO of V2X, Inc., reported transactions involving V2X common stock and restricted stock units.
• Noon acquired 1,039 shares of V2X common stock through the vesting of restricted stock units and disposed of 253 shares to cover tax obligations at a price of $44.45 per share.
• Additionally, Noon acquired 1,375 shares of V2X common stock through the vesting of additional restricted stock units and disposed of 346 shares to cover tax obligations at a price of $44.45 per share.
• Following these transactions, Noon directly owns 9,931 shares of V2X common stock and indirectly owns 500 shares through a spouse.
• Noon also holds 2,750 unvested restricted stock units, which convert to common stock on a one-for-one basis.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing primarily reflects routine transactions related to stock-based compensation. There is no indication of unusual or concerning activity.

Industry Context

Form 4 filings are standard disclosures required by the SEC when corporate insiders (officers, directors, and 10% owners) buy or sell their company's stock. These filings provide transparency into insider activity and can be used by investors to gauge management's sentiment about the company's prospects.

Comparison to Industry Standards

• Comparing Noon's transactions to those of other executives in similar companies within the aerospace and defense industry could provide insights.
• Companies like Lockheed Martin, General Dynamics, and Raytheon Technologies also have executives who regularly file Form 4s.
• Analyzing the frequency and size of these transactions relative to their holdings can offer a benchmark for assessing Noon's activity.

Stakeholder Impact

• The transactions are unlikely to have a significant impact on stakeholders as they are related to routine executive compensation.

Key Dates