V2X (VVX) officer reports PSU vesting and share tax withholding
Rhea-AI Filing Summary
V2X, Inc. officer Michael James Smith reported equity award activity tied to performance stock units (PSUs). On February 25, 2026, he acquired 1,094 PSUs and 1,931 shares of V2X common stock through exercises and conversions of derivative securities at a stated price of $0.0000 per share.
The filing also shows two tax-withholding dispositions coded as "F," where 273 shares and 388 shares of V2X common stock were delivered at a price of $68.5650 per share to cover exercise price or tax liabilities. After these transactions, his direct ownership stood at 20,307 shares of V2X common stock.
Footnotes explain that the PSUs were granted on March 10, 2023 and vested on February 25, 2026 upon achieving specified total shareholder return and stock price conditions during the performance period, with each PSU originally convertible into one share of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Stock Units | 1,094 | $0.00 | -- |
| Exercise | V2X, Inc. Common Stock | 837 | $0.00 | -- |
| Tax Withholding | V2X, Inc. Common Stock | 273 | $68.565 | $19K |
| Exercise | V2X, Inc. Common Stock | 1,094 | $0.00 | -- |
| Tax Withholding | V2X, Inc. Common Stock | 388 | $68.565 | $27K |
Footnotes (1)
- 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 total shareholder returns during the performance period. Represents shares received upon the vesting of 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. These PSUs were originally convertible to V2X, Inc. common stock on a one-for-one basis. Represents the vesting of PSUs that were previously awarded on March 10, 2023 that vested on February 25, 2026.