Parker Melvin 4
Research Summary
AI-generated summary
V2X (VVX) Director Parker Melvin Exercises Derivatives, Receives RSUs
What Happened Parker Melvin, a director of V2X, Inc. (VVX), converted/exercised 3,254 derivative units into common stock on May 7, 2026 and was also granted 2,188 restricted stock units (RSUs) that carry no cash price. The conversion/exercise shows a $0.00 disposition for the derivative (i.e., no cash proceeds disclosed) and the new RSU award is also recorded at $0.00.
Key Details
- Transaction date: May 7, 2026; Form 4 filed May 11, 2026.
- Converted/exercised: 3,254 derivative units (reported as acquired and disposed of the derivative) — price listed as N/A for acquisition and $0.00 for disposition.
- Awarded: 2,188 RSUs granted at $0.00 (derivative award).
- Shares owned after the transaction: not disclosed in the provided filing details.
- Footnotes:
- F1: RSUs convert into V2X common stock on a one‑for‑one basis.
- F2: The 3,254 RSUs were originally granted May 8, 2025 and fully vested May 7, 2026 (these appear to be the units converted).
- F3: The 2,188 RSU award vests on the earlier of the 2027 V2X Annual Meeting or May 7, 2027.
- Filing timing: Form 4 was filed four days after the transaction; investors may check whether this meets the required two-business-day reporting window.
Context This was not a market purchase or sale—Melvin converted/received equity through RSU vesting/conversion and a subsequent RSU award. Conversions of vested RSUs into shares are compensation-related events (not necessarily a bullish or bearish signal). The newly granted 2,188 RSUs remain subject to future vesting per F3.