Smith Michael James 4

What Happened

• Michael James Smith, V2X, Inc. (VVX) corporate development / investor relations & Treasurer, had RSUs convert to common stock and received a new RSU award on 2026-03-10. He acquired 1,375 shares via conversion of derivative RSUs, 414 of those shares were withheld to cover taxes (withholding valued at $71.85 per share, $29,744 total). The conversion also shows the corresponding derivative interest cancelled. Separately, he was granted 3,308 new RSUs (no cash paid).

Key Details

• Transaction date: March 10, 2026 (Form 4 filed March 12, 2026; period of report 2026-03-10)
• Conversions/Exercised (code M): 1,375 shares converted to common stock (one-for-one RSU conversion)
• Tax withholding (code F): 414 shares withheld at $71.85 per share = $29,744
• Grant (code A): 3,308 RSUs awarded (no cash exchanged)
• Shares owned after transaction: Not disclosed in the provided data
• Footnotes:
  • F1: RSUs convert to common stock on a one-for-one basis.
  • F2: Some RSUs relate to a March 10, 2023 grant that vests in three equal annual installments beginning March 10, 2024.
  • F3: The newly awarded RSUs vest in three equal annual installments beginning March 10, 2027.
• Filing timeliness: No late filing indicated in the provided information.

Context

• This was not an open-market buy or sale: it reflects RSU conversion (resulting in stock delivery), tax withholding to satisfy payroll/tax obligations, and a new RSU grant that vests in the future. Tax-withholding by share surrender is a routine administrative step following RSU vesting and does not, by itself, indicate a change in insider sentiment.