ISG CFO awarded 44,776 restricted stock units
Sherrick Michael A. reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Sherrick Michael A. reported acquisition or exercise transactions in this Form 4 filing.
Information Services Group Inc. reported that EVP & Chief Financial Officer Michael A. Sherrick received a grant of 44,776 shares of common stock in the form of restricted stock units valued at $4.02 per share. These RSUs were granted under the company’s Amended and Restated 2007 Equity and Incentive Award Plan and will vest 100% on March 13, 2027, meaning he must remain eligible through that date to receive the full award. Following this equity grant, Sherrick directly holds 403,503 shares of the company’s common stock, reflecting his ongoing equity-based compensation rather than an open‑market share purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Shares of Common Stock | 44,776 | $4.02 | $180K |
Footnotes (1)
- F1. Represents restricted stock units (RSUs) granted to the reporting pursuant to the Information Services Group, Inc. Amended and Restated 2007 Equity and Incentive Award Plan, which will vest 100% on March 13, 2027.
FAQ
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What insider transaction did Information Services Group (III) report for its CFO?
How many restricted stock units were granted to the III CFO and at what value?
When do the restricted stock units granted to the Information Services Group CFO vest?
What plan governs the restricted stock unit grant to the Information Services Group CFO?
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