Clawback-driven share sale by Ducommun (DCO) HR executive
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ducommun Inc. executive Laureen S. Gonzalez, the company’s Vice President and Chief Human Resources Officer, sold 589 shares of common stock in an open-market transaction at $151.99 per share. The filing states that all shares were sold at this exact price.
According to the disclosure, the sale was carried out to satisfy Gonzalez’s obligations under Ducommun’s Second Amended and Restated Clawback Policy, following a restatement and revision of previously issued financial statements. The proceeds from this transaction will be applied to those clawback obligations, and Gonzalez now directly holds 11,172 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 589 shares ($89,522)
Net Sell
1 txn
Insider
Gonzalez Laureen S.
Role
V.P., CHRO
Sold
589 shs ($90K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 589 | $151.99 | $90K |
Holdings After Transaction:
Common Stock — 11,172 shares (Direct, null)
Footnotes (1)
- The reported sale was consummated to satisfy the Reporting Person's obligations in connection with the operation of the Issuer's Second Amended and Restated Clawback Policy (the "Clawback Policy") with respect to the restatement and revision of the Issuer's previously issued financial statements, as reported in the Issuer's Current Report on Form 8-K filed on May 1, 2026. In connection with the foregoing, the Issuer determined that the Reporting Person would not have earned certain compensation had such compensation been determined based on the restated financial statements. As a result, the proceeds from the current transaction will be applied to satisfy the Reporting Person's obligations with respect to the Clawback Policy. All shares were sold at the exact price indicated. The average sales price calculation is not applicable.
Key Figures
Shares sold: 589 shares
Sale price per share: $151.99 per share
Shares held after transaction: 11,172 shares
3 metrics
Shares sold
589 shares
Open-market sale on 2026-05-28
Sale price per share
$151.99 per share
All shares sold at this exact price
Shares held after transaction
11,172 shares
Direct ownership following the sale
Key Terms
Clawback Policy, restatement, Common Stock
3 terms
Clawback Policy financial
"to satisfy the Reporting Person's obligations in connection with the operation of the Issuer's Second Amended and Restated Clawback Policy"
A clawback policy is a company rule that lets the firm take back pay, bonuses or stock awards from current or former executives if results are later found to be incorrect, misconduct occurred, or targets were missed. It matters to investors because it helps protect the value of their holdings by discouraging risky or fraudulent behavior and ensuring executive rewards reflect real, verified performance—think of it as a return policy for executive pay.
restatement financial
"with respect to the restatement and revision of the Issuer's previously issued financial statements"
A restatement is a company’s formal correction of previously released financial reports when errors or omissions are discovered, similar to fixing a report card after finding mistakes in the scores. It matters to investors because it can change past performance figures, alter valuation or earnings trends, and signal weaknesses in accounting controls or management oversight, which may affect confidence and the stock’s perceived risk.
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Ducommun (DCO) report for Laureen S. Gonzalez?
Ducommun reported that Laureen S. Gonzalez sold 589 shares of common stock in an open-market transaction. The sale was executed at $151.99 per share, and all shares were sold at this exact price according to the filing’s footnote.
How is Ducommun’s Clawback Policy connected to this Form 4 transaction?
The Form 4 notes that Ducommun’s Second Amended and Restated Clawback Policy required Gonzalez to return certain compensation. Because of a financial statement restatement, the proceeds from this share sale will be used to satisfy those clawback-related obligations.