Ducommun (DCO) CFO exercises 7,500 options and returns shares under clawback
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ducommun Incorporated’s senior vice president and CFO, Suman B. Mookerji, reported several compensation-related equity transactions. On May 15, 2026, he exercised options to acquire 7,500 shares of common stock at $40.44 per share, and the related option position was fully exercised. On May 14–15, 2026, a total of 5,967 shares of common stock were withheld at $151.59 per share to satisfy tax withholding obligations tied to the settlement of 2,498 restricted stock units. In addition, 1,259 shares were returned to the company under its Second Amended and Restated Clawback Policy following a restatement and revision of previously issued financial statements. After these transactions, Mookerji directly held 32,066 shares of Ducommun common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
7,500 shares exercised/converted
Mixed
5 txns
Insider
Mookerji Suman B.
Role
Sr. V.P., C.F.O.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Option - Right to Buy | 7,500 | $0.00 | -- |
| Exercise | Common Stock | 7,500 | $40.44 | $303K |
| Tax Withholding | Common Stock | 4,728 | $151.59 | $717K |
| Tax Withholding | Common Stock | 1,239 | $151.59 | $188K |
| Disposition | Common Stock | 1,259 | $0.00 | -- |
Holdings After Transaction:
Option - Right to Buy — 0 shares (Direct, null);
Common Stock — 32,066 shares (Direct, null)
Footnotes (1)
- Represents a reduction in shares to satisfy the tax withholding obligations of the Issuer with respect to the settlement, on May 14, 2026 of 2,498 restricted stock units. 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 Form 8-K filed on May 1, 2026, 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, 2,498 restricted stock units that vested on May 14, 2026 were not delivered to the Reporting Person and 1,259 shares of the Issuer's common stock were returned to the Issuer in accordance with the Issuer's Clawback Policy. This option represents the right to purchase common stock under Ducommun Incorporated's Stock Incentive Plan, which is a Rule 16b-3 plan. This option vested as to 2,500 shares on each of October 10, 2020, 2021 and 2022.
Key Figures
Options exercised: 7,500 shares
Option exercise price: $40.44/share
Tax withholding shares: 5,967 shares
+4 more
7 metrics
Options exercised
7,500 shares
Common stock acquired via option exercise at $40.44 on May 15, 2026
Option exercise price
$40.44/share
Exercise price for 7,500 options into common stock
Tax withholding shares
5,967 shares
Shares withheld at $151.59 to satisfy tax obligations on RSU settlement
Tax withholding price
$151.59/share
Value used for tax withholding dispositions on common stock
Clawback share return
1,259 shares
Common shares returned to issuer under clawback policy on May 14, 2026
RSUs affected
2,498 units
Restricted stock units whose settlement triggered tax withholding and clawback
Shares held after transactions
32,066 shares
Direct Ducommun common stock holdings after all Form 4 entries
Key Terms
tax withholding obligations, Clawback Policy, restricted stock units, restatement and revision of the Issuer's previously issued financial statements, +1 more
5 terms
tax withholding obligations financial
"Represents a reduction in shares to satisfy the tax withholding obligations of the Issuer"
Clawback Policy financial
"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.
restricted stock units financial
"settlement, on May 14, 2026 of 2,498 restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
restatement and revision of the Issuer's previously issued financial statements financial
"with respect to the restatement and revision of the Issuer's previously issued financial statements"
Rule 16b-3 plan regulatory
"represents the right to purchase common stock under Ducommun Incorporated's Stock Incentive Plan, which is a Rule 16b-3 plan"
FAQ
What did Ducommun (DCO) CFO Suman B. Mookerji do in this Form 4?
The CFO exercised stock options for 7,500 Ducommun common shares at $40.44 each. He also had shares withheld for taxes and returned shares under the company’s clawback policy, ending with 32,066 shares held.
Were the Ducommun (DCO) CFO’s transactions open-market buys or sells?
No open-market buys or sells are reported. The filing shows an option exercise, shares withheld to cover tax obligations, and shares returned under a clawback policy, all tied to compensation and accounting restatement adjustments.