Caputo Richard L. Jr. 4
Research Summary
AI-generated summary
V2X SVP Richard Caputo Exercises RSUs, Receives New RSU Grant
What Happened
- Richard L. Caputo Jr., Senior Vice President, Aerospace Systems at V2X, converted 1,269 restricted stock units (RSUs) into common shares on March 10, 2026. To satisfy tax withholding, 310 shares were surrendered at an implied value of $71.85 per share, totaling about $22,272. On the same date he was granted a new award of 5,279 RSUs (no cash exchanged).
Key Details
- Transaction date: March 10, 2026; Form 4 filed March 12, 2026 (timely).
- Conversion: 1,269 RSUs converted to common shares (reported as derivative exercise/conversion, code M).
- Tax withholding: 310 shares disposed to cover tax liability at $71.85/share = $22,272 (code F).
- New award: 5,279 RSUs granted (code A); no purchase price.
- RSU terms: RSUs convert one-for-one to common stock (F1). The converted 1,269 RSUs were part of a March 10, 2023 grant that vests in three equal annual installments beginning March 10, 2024 (F2). The new 5,279 RSUs vest in three equal annual installments beginning March 10, 2027 (F3).
- Shares owned after the transactions: not specified in the filing.
Context
- These transactions reflect RSU vesting/settlement and a routine share‑withholding to cover taxes, not an open‑market sale. The new 5,279 RSU grant is future‑vesting compensation and does not represent an immediate purchase or sale. Form codes: M = exercise/conversion of derivative (here, RSU conversion); F = shares withheld for tax/payment; A = grant/award.