V2X SVP Nance nets shares from PSU vesting
V2X, Inc. senior vice president and general counsel Jeremy John Nance reported equity award activity tied to performance stock units.
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Rhea-AI Filing Summary
V2X, Inc. senior vice president and general counsel Jeremy John Nance reported equity award activity tied to performance stock units. On February 25, 2026, 1,094 performance stock units granted on March 10, 2023 vested upon achieving stock price conditions and converted one-for-one into V2X common shares at a stated price of $0.00 per share. To cover tax obligations, 325 common shares were then disposed of at $68.565 per share through a tax-withholding transaction, rather than an open-market sale. Following these transactions, Nance directly holds 13,325 V2X common shares, and an additional 99 shares are held indirectly by his son.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Stock Units | 1,094 | $0.00 | $0.00 |
| Exercise | V2X, Inc. Common Stock | 1,094 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | V2X, Inc. Common Stock | 325 | $68.565 | $22K |
| holding | V2X, Inc. Common Stock | -- | -- | -- |
Footnotes (3)
- F1. Represents shares received upon the vesting of performance stock units ("PSUs") that were granted on March 10, 2023 that vested on February 25, 2026 upon the achievement of certain stock price conditions during the performance period.
- F2. These PSUs were originally convertible to V2X, Inc. common stock on a one-for-one basis.
- F3. Represents the vesting of PSUs that were previously awarded on March 10, 2023 that vested on February 25, 2026.
FAQ
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What did V2X (VVX) executive Jeremy Nance report in this Form 4?
How were the V2X (VVX) performance stock units structured in this grant?
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