V2X (VVX) officer exercises 1,375 RSUs and gets 3,308-unit grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
V2X, Inc. officer Michael James Smith reported routine equity compensation activity. He exercised 1,375 previously awarded restricted stock units (RSUs), which converted into an equal number of V2X common shares, and a portion of the resulting 1,375 shares (414 shares at $71.846 each) was withheld to cover tax obligations, leaving him with 22,487 common shares held directly.
Smith also received a new grant of 3,308 RSUs, which will vest in three equal annual installments beginning on March 10, 2027. After these transactions, he directly holds 3,308 RSUs in addition to his common stock position, reflecting standard compensation and tax-withholding mechanics rather than open-market trading.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,375 shares exercised/converted
Mixed
4 txns
Insider
Smith Michael James
Role
Corp. Dev., IR & Treasurer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,375 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 3,308 | $0.00 | -- |
| Exercise | V2X, Inc. Common Stock | 1,375 | $0.00 | -- |
| Tax Withholding | V2X, Inc. Common Stock | 414 | $71.846 | $30K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
V2X, Inc. Common Stock — 22,901 shares (Direct)
Footnotes (1)
- These restricted stock units ("RSUs") convert to V2X, Inc. common stock on a one-for-one basis. These RSUs were previously awarded on March 10, 2023, as part of a grant that vests in three equal annual installments beginning on March 10, 2024. The awarded RSUs will vest in three equal annual installments beginning on March 10, 2027.
FAQ
What insider transactions did V2X (VVX) report for Michael James Smith?
V2X reported that officer Michael James Smith exercised 1,375 previously granted RSUs into common shares and received a new grant of 3,308 RSUs. A portion of the shares from the RSU conversion was withheld to satisfy tax obligations.
Did the V2X (VVX) insider Form 4 show any open-market stock sales or purchases?
The Form 4 shows no open-market buys or sells. It reflects an RSU conversion into 1,375 common shares and a tax-withholding disposition of 414 shares, plus a new grant of 3,308 RSUs as compensation, all routine equity award activity.
What is the vesting schedule for the newly granted V2X (VVX) RSUs?
The newly granted 3,308 restricted stock units to Michael James Smith vest in three equal annual installments. Vesting begins on March 10, 2027, meaning one-third of the award is scheduled to vest on that date and annually thereafter for two additional years.
What do the exercised V2X (VVX) RSUs represent for Michael James Smith?
The 1,375 exercised RSUs represent one installment from a March 10, 2023 grant that vests in three equal annual tranches starting March 10, 2024. These units converted to the same number of V2X common shares on a one-for-one basis as they vested.