Form 4: V2X Inc. General Counsel Jeremy John Nance Reports Stock Transactions
SEC Form 4
V2X Inc.'s General Counsel, Jeremy John Nance, reports the vesting and subsequent disposal of shares to cover tax obligations related to restricted stock units.
Summary
- On March 7, 2025, Jeremy John Nance, General Counsel of V2X, Inc., vested 1,188 shares of V2X, Inc. Common Stock from Restricted Stock Units (RSUs).
- On the same day, 290 shares were disposed of at a price of $46.73 to cover tax obligations.
- Following these transactions, Nance directly owned 11,532 shares of V2X, Inc. Common Stock.
- On March 10, 2025, Nance vested 1,354 shares of V2X, Inc. Common Stock from Restricted Stock Units (RSUs).
- On the same day, 330 shares were disposed of at a price of $46.65 to cover tax obligations.
- Following these transactions, Nance directly owned 12,556 shares of V2X, Inc. Common Stock.
- Nance also indirectly owns 99 shares through his son.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an insider. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives receiving stock-based compensation. It provides transparency into the executive's holdings and transactions in the company's stock.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies and their insiders, ensuring compliance with SEC regulations.
- The vesting schedules and tax-related disposals are typical components of executive compensation packages across various industries.
- Similar filings can be observed for executives at companies like Lockheed Martin, Boeing, and General Dynamics, which also operate in related sectors.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they involve a relatively small number of shares.
- The filing provides transparency to stakeholders regarding executive compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| March 10, 2023 | Date of RSU grant that vests in three equal annual installments beginning on March 10, 2024. |
| March 8, 2024 | Date of RSU grant that vests in three equal annual installments beginning on March 8, 2025. |
| March 7, 2025 | Vesting of 1,188 shares and disposal of 290 shares at $46.73. |
| March 8, 2025 | First vesting date of RSUs awarded on March 8, 2024. |
| March 10, 2025 | Vesting of 1,354 shares and disposal of 330 shares at $46.65. |
| March 11, 2025 | Date of signature for the Form 4 filing. |
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