V2X, Inc.·4

Feb 27, 4:04 PM ET

Nance Jeremy John 4

Research Summary

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Updated

V2X (VVX) SVP Jeremy Nance Receives Award; 325 Shares Withheld

What Happened
Jeremy John Nance, Senior Vice President and General Counsel of V2X, had 1,094 performance stock units (PSUs) vest and convert to common stock on February 25, 2026. Of those shares, 325 were withheld to cover tax withholding at $68.56 per share for a total of $22,284; the net shares delivered to Nance were 769. The vested PSUs were originally granted March 10, 2023 and vested upon achievement of certain stock‑price conditions.

Key Details

  • Transaction date(s): February 25, 2026; Form 4 filed Feb 27, 2026.
  • Conversion/vesting: 1,094 shares resulted from PSU vesting (reported as derivative conversion, code M).
  • Tax withholding/disposition: 325 shares withheld/disposed (code F) at $68.56/share = $22,284.
  • Net shares received: 769 shares retained after withholding.
  • Footnotes: PSUs granted 3/10/2023, convertible one‑for‑one, vested per performance conditions.
  • Timeliness: Filing appears timely (reported Feb 27 for Feb 25 transaction).

Context
This was not an open‑market purchase or discretionary sale but the vesting/conversion of performance awards, with shares withheld to satisfy tax obligations (a routine administrative action). Vesting of PSU awards reflects previously granted compensation and achievement of performance criteria; it does not by itself indicate a buy or sell signal.