V2X (VVX) Insider Report: 1.7M Shares Sold; Indirect Holdings Disclosed

Rhea-AI Filing Summary

Form 4 filing for V2X, Inc. (VVX) reports insider transactions by Director Dino M. Cusumano. The earliest reported transaction occurred on 09/11/2025 and shows a sale of 1,700,000 shares of common stock at a price of $52.203 per share. After the reported transactions, the filing lists 8,000,001 shares beneficially owned indirectly by Vertex Aerospace Holdco LLC and 375,420 shares beneficially owned indirectly by Lightship Capital LLC. The filing explains these holdings arise through a chain of affiliated entities and notes that any action by AIP GP requires unanimous managing member approval. The reporting form was signed by an attorney-in-fact on 09/15/2025.

Insights

Financial Analyst

TL;DR: Director sold 1.7M shares at $52.203; significant outright sale reported while indirect holdings remain via affiliated entities.

The transaction shows a substantial sale by or on behalf of the reporting person on 09/11/2025, reducing beneficial ownership held by the directly reported entities. The filing clearly discloses the ownership chain: Vertex Holdco and Lightship hold the reported indirect stakes, with AIP GP and fund structures described. The sale price and share count are explicitly stated, enabling straightforward calculation of proceeds from the sale. Disclosure of voting/dispositive arrangements and the unanimous vote requirement for AIP GP adds governance context but does not quantify economic interests beyond pecuniary disclaimers provided.

Corporate Governance Expert

TL;DR: Filing documents transaction and ownership through affiliated vehicles and disclaimers, clarifying voting/dispositive mechanics.

The Form 4 provides detailed attribution of indirect holdings to Vertex Aerospace Holdco LLC and Lightship Capital LLC and explains the governance structure of AIP GP, including the unanimous vote requirement for actions. The reporting person is identified as a senior managing member of AIP GP and a board member of the issuer, and the filing includes the customary disclaimer of beneficial ownership except for pecuniary interest. Signature by an attorney-in-fact is included, indicating the report was submitted by an authorized representative.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Cusumano Dino M

(Last) (First) (Middle)

C/O AIP 450 LEXINGTON AVENUE, 40TH FLOOR

(Street)

NEW YORK NY 10017

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
V2X, Inc. [ VVX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/11/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/11/2025		S		1,700,000	D	$52.203	8,000,001	I	See footnote(1)(3)(4)
Common Stock								375,420	I	See footnote(2)(3)(4)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. These shares are held directly by Vertex Aerospace Holdco LLC ("Vertex Holdco"). AIPCF VI LLC ("AIP GP") is the general partner of American Industrial Partners Capital Fund VI, L.P. ("AIP Fund VI"), the managing member of AIP Vertex GP LLC, which is the general partner of AIPCF VI Vertex Aerospace Funding LP ("Vertex Funding"). Vertex Holdco is a direct, wholly owned subsidiary of Vertex Funding.

2. These shares are held directly by Lightship Capital LLC ("Lightship"). AIP GP is the general partner of AIPCF VI Credit Opportunity Fund, LP, which is the sole member of Lightship.

3. Any action by AIP GP with respect to these shares, including voting and dispositive decisions, requires a unanimous vote of the managing members of AIP GP. The Reporting Person is a senior managing member of AIP GP and also serves as a member of the Board of Directors of the Issuer. Accordingly, the Reporting Person may be deemed to share voting and dispositive power with respect to the shares held by Vertex Holdco and Lightship.

4. (Continued from Footnote 3) The Reporting Person disclaims beneficial ownership of the shares of common stock held by Vertex Holdco and Lightship, except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of the reported shares for purposes of Section 16 or for any other purpose.

	/s/ Stanley Edme, Attorney-in-Fact	09/15/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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