Nance Jeremy John 4
Research Summary
AI-generated summary
V2X (VVX) SVP Jeremy Nance Converts 1,805 RSUs; 440 Withheld
What Happened
- Jeremy John Nance, Senior Vice President and General Counsel of V2X, had 1,805 restricted stock units (RSUs) convert to common stock on 2026-03-12. As part of the conversion, 440 shares were withheld to cover tax/liability at $69.92 per share for a total withholding of $30,763. Net shares delivered to Nance after withholding were 1,365.
Key Details
- Transaction date: 2026-03-12; Form filed 2026-03-13 (appears timely).
- Conversion: 1,805 RSUs converted to 1,805 shares (transaction code M).
- Tax withholding: 440 shares withheld at $69.92/share for $30,763 (transaction code F).
- Reporting note: one M-line shows a $0 disposition related to derivative conversion reporting mechanics; no open‑market sale reported.
- Shares owned after transaction: not disclosed on the provided details (net new shares to insider = 1,365).
- Footnotes: F1 — RSUs convert one-for-one to common stock. F2 — These RSUs were granted 2025-03-12 and vest in three equal annual installments beginning 2026-03-12.
Context
- This was a routine RSU vesting and tax-withholding event, not an open-market sale or purchase; tax withholding is common and does not necessarily indicate a change in insider sentiment. These RSUs represent the first annual vesting installment from the March 2025 grant.