ISG (III) vice chairman Todd D. Lavieri receives 55,970 RSU award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Information Services Group Inc. vice chairman Todd D. Lavieri reported receiving an equity grant of 55,970 shares of common stock in the form of restricted stock units at a reference price of $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.
Following this award, Lavieri directly holds 1,159,907 shares of common stock, which include 2,187 shares acquired through the company’s Amended and Restated 2007 Employee Stock Purchase Plan. This filing reflects a compensation-related share acquisition rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lavieri Todd D.
Role
VICE CHAIRMAN
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Shares of Common Stock | 55,970 | $4.02 | $225K |
Holdings After Transaction:
Shares of Common Stock — 1,159,907 shares (Direct)
Footnotes (1)
- 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. Includes 2,187 shares acquired under the Information Services Group, Inc. Amended and Restated 2007 Employee Stock Purchase Plan.
FAQ
What insider transaction did Todd D. Lavieri report for Information Services Group (III)?
Todd D. Lavieri reported receiving a grant of 55,970 restricted stock units of Information Services Group common stock. The award is recorded at a reference price of $4.02 per share and represents compensation, not an open-market share purchase or sale by the executive.
How many RSUs were granted to Todd D. Lavieri and when do they vest?
Todd D. Lavieri was granted 55,970 restricted stock units of Information Services Group common stock. Under the company’s Amended and Restated 2007 Equity and Incentive Award Plan, these RSUs are scheduled to vest 100% on March 13, 2027, subject to the plan’s standard terms and conditions.
Was Todd D. Lavieri’s recent Form 4 for Information Services Group (III) an open-market purchase?
No, the Form 4 shows a compensation-related award, not an open-market purchase. The 55,970 shares reflect restricted stock units granted under the company’s equity and incentive plan, recorded at $4.02 per share, and vesting in full on March 13, 2027, per the plan terms.
Which company plans are referenced in Todd D. Lavieri’s Information Services Group (III) Form 4?
The filing cites the Information Services Group, Inc. Amended and Restated 2007 Equity and Incentive Award Plan for the 55,970 restricted stock units, and the Amended and Restated 2007 Employee Stock Purchase Plan for 2,187 shares included in his total direct holdings after the reported transaction.