WENSINGER JEREMY C 4

What Happened

• Jeremy C. Wensinger, President, CEO and Director of V2X, Inc. (VVX), had performance stock units (PSUs) vest on February 25, 2026. The PSUs converted into 6,000 common shares. To satisfy tax withholding, 1,806 of those shares were surrendered at $68.56 per share (value $123,828). Net new shares received by Wensinger were 4,194 (6,000 vested − 1,806 withheld).
• The conversion is reported as a derivative exercise/conversion (code M) and the share surrender for tax withholding is reported under code F. The conversion shows a $0 exercise price because these were PSUs converting one-for-one to common stock.

Key Details

• Transaction date: February 25, 2026; Form 4 filed Feb 27, 2026 (timely within the two-business-day window).
• Vested shares converted: 6,000 shares; shares withheld/disposed for taxes: 1,806 shares at $68.56 each, totaling $123,828.
• Net shares added to Wensinger’s holdings: 4,194 shares (filing does not disclose his total shares owned after the transaction).
• Footnotes: These were PSUs granted June 25, 2024 that vested upon achievement of certain stock-price conditions during the performance period and were convertible one-for-one to common stock.
• Transaction codes: M = exercise/conversion of derivative (PSU conversion); F = payment of tax liability via share withholding.

Context

• This was a vesting of performance awards, not an open-market purchase or voluntary sale; the 1,806-share disposition was to cover tax withholding and is common in equity compensation events.
• Such award vestings increase insider ownership (net +4,194 shares) but the withheld shares do not necessarily indicate a sale for investment reasons.