Innovative Solutions CFO has 480 shares withheld
The CFO used 480 IA shares withheld by the company at $19.00 per share to cover taxes on vested RSUs, leaving 85,758 shares held directly.
Sentiment and the balance of points
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Rhea-AI Filing Summary
INNOVATIVE SOLUTIONS & SUPPORT INC (IA) reported that Chief Financial Officer Jeffrey DiGiovanni had 480 shares of common stock withheld on August 31, 2026 to satisfy tax obligations arising from the vesting of restricted stock units. The shares were withheld by the issuer at a value of $19.00 per share, leaving him with 85,758 shares held directly after this tax-withholding event. No Rule 10b5-1 trading plan is reported for this transaction.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 480 | $19.00 | $9K |
Footnotes (1)
- F1. These shares of common stock were withheld by the issuer to satisfy the reporting person's tax obligations in connection with the vesting of restricted stock units.
Key Figures
Key Terms
restricted stock units financial
withheld by the issuer financial
tax obligations financial
Rule 10b5-1 regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did IA's CFO report on this Form 4?
Was the IA CFO’s Form 4 transaction a market sale or tax withholding?
Was the IA CFO’s August 31, 2026 transaction under a Rule 10b5-1 plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.