Caputo Richard L. Jr. 4
Research Summary
AI-generated summary
V2X (VVX) SVP Richard Caputo Converts RSUs; 385 Shares Withheld
What Happened
- Richard L. Caputo Jr., Senior Vice President, Aerospace Systems at V2X, had 1,581 restricted stock units (RSUs) convert into 1,581 shares of V2X common stock on 2026-03-12. To cover tax withholding, 385 shares were surrendered at $69.92 per share, totaling $26,917. The filing also shows the derivative awards removed upon conversion (reported as disposed at $0), which reflects the RSU-to-stock conversion rather than a market sale.
Key Details
- Transaction date: 2026-03-12; filing date: 2026-03-13 (filed the next day).
- Conversion: 1,581 RSUs → 1,581 common shares (transaction code M).
- Tax withholding: 385 shares withheld/disposed at $69.92 each = $26,917 (transaction code F).
- Shares owned after transaction: not specified in the filing.
- Footnotes: F1 — RSUs convert one-for-one to common stock. F2 — these RSUs were granted 3/12/2025 and vest in three equal annual installments beginning 3/12/2026.
- Filing timeliness: timely (no late filing indicated).
Context
- This was a routine vesting and conversion of RSUs with shares surrendered to satisfy tax withholding (a form of cashless tax payment), not an open-market sale or purchase. The “disposed at $0” derivative line reflects cancellation of the RSU award upon conversion, not a market transaction or cash proceeds. Such vesting events are common executive compensation activity and do not by themselves indicate insider buying or selling sentiment.