Tata Rajiv A. 4

What Happened

• Rajiv A. Tata, Vice President, General Counsel & Corporate Secretary of Ducommun (DCO), reported the settlement of 1,241 restricted stock units (RSUs) on May 8, 2026. To satisfy tax withholding, 616 shares were withheld/sold at $137.23 per share for proceeds of $84,534. Separately, 625 shares were returned to the issuer in connection with the company’s Clawback Policy tied to a restatement of prior financials.

Key Details

• Transaction date: May 8, 2026; Form 4 filed May 12, 2026 (reporting period 2026-05-08).
• Tax withholding sale: 616 shares @ $137.23 = $84,534 (coded F — tax withholding).
• Return to issuer: 625 shares returned under the Clawback Policy (coded D — disposition to issuer); no price reported.
• These two actions account for the full 1,241 RSUs that vested on May 8, 2026 (616 withheld for taxes + 625 returned).
• Shares owned after the transaction: not specified in the provided filing.
• Footnotes: F1 = tax withholding to satisfy settlement; F2 = shares returned per the Issuer’s Second Amended and Restated Clawback Policy following a financial restatement (see issuer’s Form 8-K filed May 1, 2026).

Context

• This was not an open-market sale indicating a personal liquidity-driven trade; 616 shares were used to satisfy withholding obligations (a routine, non-bullish administrative action) and 625 shares were returned due to a company clawback tied to a restatement. Retail investors should view this as RSU settlement/tax administrative activity plus a clawback adjustment, not a straightforward insider sell signal.