DUCOMMUN INC /DE/ (DCO) SEC Filings

Ducommun Inc. (DCO) received a Rule 144 notice stating that Stephen G. Oswald, identified as an officer/director, plans to sell 2,500 shares of common stock through Morgan Stanley Smith Barney Executive Financial Services on or after August 18, 2026. The notice indicates these are “Exercised Shares” acquired from the issuer for cash on August 17, 2026. It also reports that Oswald sold 5,766 shares of Ducommun common stock during the prior three months.

Ducommun Incorporated’s Chairman, President and CEO Stephen G. Oswald reported several equity transactions in August 2026. On August 11, he exercised options for 15,000 shares of common stock at $32.90 per share and delivered or withheld 9,234 shares at $194.85 per share for payment of exercise price or tax liability. That day he also acquired 15,000 common shares from the option exercise. On August 12, he sold 5,766 shares of common stock in open-market trades at a weighted average price of $201.15 per share and made a bona fide gift of 3,400 shares. The exercised option, granted under Ducommun’s Stock Incentive Plan, expires on May 14, 2028.

Ducommun Inc. Chairman, President & CEO Stephen G. Oswald reported several equity transactions. On 2026-08-11 he exercised options to acquire 15,000 common shares at a conversion price of $32.90 per share under the company’s Stock Incentive Plan, and 9,234 shares were delivered or withheld for payment of exercise price or tax liability. On the same date, his remaining options position reported for this grant was 17,500 options. On 2026-08-12 he sold 5,766 common shares at a weighted average price of $201.15 per share in trades executed between $200.15 and $202.08, and made a bona fide gift of 2,244 shares.

Stephen G. Oswald filed a notice of proposed sale of Ducommun Inc common stock under Form 144. The notice covers 2,244 shares of Ducommun Inc, listed on the NYSE, with an indicated aggregate market value of $453,422.00 as of the filing. The proposed sale date is August 12, 2026.

Over the prior three months, Oswald reported open market sales of Ducommun Inc common stock totaling 1,584 shares across four transactions, with stated values ranging from about $25,158.46 to $157,489.68.

State Street Corporation, through its asset management subsidiaries, reports beneficial ownership of common stock of Ducommun Inc.. The filing states that State Street beneficially owns 945,113 shares of Ducommun common stock, representing 6.3% of the outstanding class.

All reported Ducommun shares are held with shared voting power of 904,931 shares and shared dispositive power of 945,113 shares, with no sole voting or dispositive power. The positions are managed by several State Street Global Advisors entities acting as investment advisers on behalf of underlying clients.

FMR LLC filed as a significant shareholder of Ducommun Inc. common stock. FMR reports beneficial ownership of 776,200.58 shares, representing 5.1% of the outstanding common stock, with sole dispositive power over all of these shares and no shared voting or dispositive power.

FMR indicates sole voting power over 770,484 shares. Abigail P. Johnson is also reported as a beneficial owner of 776,200.58 shares, with sole dispositive power and no voting power. One or more other persons may receive dividends or sale proceeds from these shares, but no such person has an interest exceeding five percent of the class.

Ducommun Incorporated reported improved results for the quarter ended July 4, 2026, with net revenues of $224,492 thousand and net income of $20,399 thousand, compared with $200,803 thousand and $12,754 thousand a year earlier. Diluted EPS was $1.31 versus $0.84. For the first six months, revenues were $433,514 thousand and net income $30,315 thousand.

Net cash provided by operating activities for the first half rose to $44,786 thousand from $23,181 thousand. Total assets were $1,224,554 thousand, with total debt of $277,500 thousand and remaining performance obligations of $1,158.9 million, about 70% expected as revenue within 12 months. The company also completed a restatement related to the timing of stock-based compensation expense for retirement-eligible employees, restating 2025 results, and recorded a $5.0 million compensation clawback (including $4.0 million in common stock and $1.0 million in cash) from affected individuals, which partially reduced selling, general and administrative expenses.

Ducommun Incorporated reported record second-quarter 2026 results, with net revenue of $224.5 million, an increase of 12% over Q2 2025, driven by commercial aerospace and defense demand. Gross margin reached a record 28.0%, up 160 bps year-over-year, as higher manufacturing volume and facility consolidation savings offset mix.

Net income rose to $20.4 million, or $1.31 per diluted share and 9.1% of revenue, versus $12.8 million, or $0.84 and 6.4% a year earlier, mainly on $9.9 million higher gross profit and a $3.9 million compensation clawback that reduced SG&A. Adjusted results also improved, with non-GAAP adjusted net income of $18.4 million, adjusted operating income of $26.7 million, and Adjusted EBITDA of $38.4 million, or 17.1% of revenue, up from 15.8%.

Electronic Systems revenue grew to $131.4 million with 19.4% operating margin, while Structural Systems revenue increased to $93.1 million with 13.7% margin, both supported by large commercial aircraft and missile platforms. Remaining performance obligations reached about $1.2 billion, with quarterly bookings of $309.7 million and a 1.4x book-to-bill ratio. Operating cash flow improved to $33.5 million, and management highlighted progress toward its VISION 2027 profitability goals despite ongoing destocking headwinds in commercial aerospace.