Caputo Richard L. Jr. 4
Research Summary
AI-generated summary
V2X (VVX) SVP Richard Caputo Converts RSUs; 272 Shares Withheld
What Happened
Richard L. Caputo Jr., Senior Vice President, Aerospace Systems at V2X, converted 1,113 restricted stock units (RSUs) into common shares on March 6, 2026. As part of the transaction, 272 shares were withheld/disposed to cover tax obligations at $71.53 per share, totaling $19,455. The RSU conversion carried no cash exercise price.
Key Details
- Transaction date: March 6, 2026; Form 4 filed March 9, 2026 (no indication of a late filing).
- Conversion: 1,113 RSUs converted to 1,113 common shares (derivative conversion, $0 exercise price).
- Tax withholding: 272 shares disposed to satisfy tax liability at $71.53/share = $19,455.
- Post-transaction holdings: not specified in the filing.
- Footnotes: F1 — RSUs convert one-for-one into common stock. F2 — These RSUs were granted March 8, 2024 and vest in three equal annual installments beginning March 8, 2025.
- Transaction codes: M = conversion/exercise of derivative; F = tax withholding to cover liability.
Context
This was a routine vesting/conversion of previously granted RSUs, with a portion of the shares withheld to meet tax withholding obligations (a common practice). Such withholding sales are administrative and do not necessarily signal insider sentiment; they differ from open-market sales where an insider is liquidating shares for cash.