Redondo Jerry L 4
4 · DUCOMMUN INC /DE/ · Filed Mar 6, 2026
Research Summary
AI-generated summary of this filing
Ducommun (DCO) SVP Jerry Redondo Receives Awards; Shares Withheld
What Happened Jerry L. Redondo, Senior Vice President, Electronic & Structural Systems at Ducommun (DCO), had performance and restricted stock awards settle in early March 2026 and had shares withheld to satisfy tax-withholding obligations. On March 4, 2026 he was credited with 9,261 shares (PSU settlement) and 2,390 shares (award compensation) at $0.00 per share. To cover taxes, 4,978 of those shares were withheld/disposed on March 4 at $139.45 each (proceeds $694,182) and a further 986 shares were withheld/disposed on March 5 at $130.19 each (proceeds $128,367). Total withholding proceeds were approximately $822,549.
Key Details
- Transaction dates and prices:
- 2026-03-04: +9,261 shares (awarded, $0.00) — PSU settlement.
- 2026-03-04: -4,978 shares withheld at $139.45 (disposed) — $694,182.
- 2026-03-04: +2,390 shares (awarded, $0.00) — compensation grant.
- 2026-03-05: -986 shares withheld at $130.19 (disposed) — $128,367.
- Total shares awarded: 11,651; total shares withheld/disposed for taxes: 5,964.
- Filing: Form 4 filed 2026-03-06 for transactions reported as of 2026-03-04 — appears to be filed within the standard two-business-day window.
- Footnotes of note:
- F1: 9,261 shares from settlement of performance stock units granted May 8, 2023.
- F2: 2,390 shares granted as compensation for services.
- F3: The totals include 77 shares acquired 2026-01-30 via the Employee Stock Purchase Plan.
- F4/F5: The disposals represent share reductions by the issuer to satisfy tax withholding on the March 4 PSU settlement and March 5 RSU settlement, respectively.
- Shares owned after the transactions: not specified in the provided filing details.
Context These transactions reflect equity award settlements and routine issuer share-withholding to cover tax liabilities (a cashless-like withholding), not open-market sales. The awards were granted as compensation or settled based on performance metrics; withholding reduced the delivered shares and generated approximately $822.5k in proceeds to cover taxes. Such withholding is common and does not necessarily indicate an insider buying or selling for investment reasons.
Insider Transaction Report
- Award
Common Stock
[F1][F2][F3]2026-03-04+9,261→ 74,607 total - Tax Payment
Common Stock
[F4]2026-03-04$139.45/sh−4,978$694,182→ 69,629 total - Award
Common Stock
2026-03-04+2,390→ 72,019 total - Tax Payment
Common Stock
[F5]2026-03-05$130.19/sh−986$128,367→ 71,033 total
Footnotes (5)
- [F1]Acquired upon the settlement of performance stock units granted on May 8, 2023 under the Ducommun Incorporated Stock Incentive Plan as a result of the satisfaction of performance metrics underlying the award.
- [F2]Granted as compensation for services.
- [F3]The total amount of securities listed includes 77 shares of common stock acquired on January 30, 2026 through the Ducommun Incorporated Employee Stock Purchase Plan.
- [F4]Represents a reduction in shares to satisfy the tax withholding obligations of the Issuer with respect to the settlement, on March 4, 2026, of 9,261 performance stock units as described in footnote (1) above.
- [F5]Represents a reduction in shares to satisfy the tax withholding obligations of the Issuer with respect to the settlement, on March 5, 2026, of 1,834 restricted stock units.