Form 4: V2X Inc. President and CEO Charles Prow Reports Stock Transactions
SEC Form 4 Filing
Charles Prow, President and CEO of V2X Inc., reports the vesting of restricted stock units and subsequent tax withholding, resulting in changes to his beneficial ownership of company stock.
Summary
- On March 4, 2024, Charles Prow, the President and CEO of V2X Inc., reported transactions involving V2X, Inc. common stock.
- 6,005 restricted stock units (RSUs) vested and converted into common stock.
- 1,847 shares were disposed of to cover tax obligations at a price of $38.81 per share.
- Following these transactions, Prow directly owns 82,507 shares of V2X, Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by an executive, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates standard compensation practices involving stock-based awards.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect standard executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/04/2021 | Date the restricted stock units were originally awarded. |
| 03/04/2022 | First vesting date of the restricted stock units. |
| 03/04/2024 | Date of the reported transactions: vesting of RSUs and tax withholding. |
| 03/05/2024 | Date of signature on the Form 4 filing. |
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