V2X, Inc.·4

Mar 12, 4:08 PM ET

Nance Jeremy John 4

Research Summary

AI-generated summary

Updated

V2X (VVX) SVP/GC Jeremy Nance Exercises RSUs; Tax Withheld

What Happened

  • Jeremy John Nance, Senior Vice President and General Counsel of V2X, converted/ exercised derivatives (RSUs) on March 10, 2026 and received a new RSU grant. The filing shows conversion/exercise of 1,354 derivative shares and a grant/award of 5,983 RSUs (reported as acquired at $0). To cover tax withholding, 330 shares were surrendered at $71.85 per share for a withholding value of $23,709. The derivative entries are RSU-related (no cash purchase price reported).

Key Details

  • Transaction date: March 10, 2026; Form 4 filed March 12, 2026 (timely).
  • Actions reported:
    • Code M (exercise/conversion): 1,354 shares converted.
    • Code F (tax withholding/payment): 330 shares withheld at $71.85 = $23,709.
    • Code A (award/grant): 5,983 RSUs granted (reported at $0).
  • Shares owned after transaction: not specified in the provided excerpt of the filing.
  • Footnotes:
    • F1: Reported RSUs convert 1-for-1 into common stock.
    • F2: Some RSUs relate to a March 10, 2023 award that vests in three equal annual installments beginning March 10, 2024.
    • F3: The newly awarded RSUs (5,983) vest in three equal annual installments beginning March 10, 2027.
  • No indication this was an open-market sale—330 shares were withheld to satisfy tax obligations (company withholding), not a public disposition.

Context

  • These transactions are primarily compensation-related: vested/converted RSUs and a new RSU grant. The 330-share withholding is a routine tax-related disposition (common when RSUs vest) rather than a market sell. Such grant/vesting activity is typical executive compensation and should not be read alone as a buy or sell signal.