Tata Rajiv A. 4
Research Summary
AI-generated summary
Ducommun (DCO) VP Rajiv A. Tata Sells 1,612 Shares
What Happened
- Rajiv A. Tata, Vice President, General Counsel & Corporate Secretary of Ducommun (DCO), sold 1,612 shares on May 20, 2026.
- The shares were sold at $145.00 per share for total proceeds of $233,740. The sale was reported as an open market/private sale (code S).
- This was a disposition of shares (a sale), not a purchase — sales are often routine or for non-investment reasons and do not necessarily signal management sentiment.
Key Details
- Transaction date: 2026-05-20
- Price per share: $145.00; Shares sold: 1,612; Total value: $233,740
- Shares owned after transaction: Not disclosed in the provided filing
- Footnote: Proceeds were applied to satisfy the reporting person’s obligations under Ducommun’s Second Amended and Restated Clawback Policy related to a restatement (per 8‑K filed May 1, 2026). The sale was made to satisfy that obligation.
- Additional footnote: All shares were sold at the exact price indicated; average sales price calculation not applicable.
- Filing timeliness: Reported and filed on 2026-05-20 (no late filing indicated).
Context
- Because the sale was done to satisfy a clawback obligation arising from a financial restatement, it reflects a contractual/repayment requirement rather than an investment decision by the insider. Retail investors should treat such compliance-driven sales differently than discretionary insider buys or sells.