Information Services Group (NASDAQ: III) exec vests 25,880 performance shares
Rhea-AI Filing Summary
Information Services Group Inc. (III) reported that officer Todd D. Lavieri, Vice Chairman, exercised 25,880 performance-based RSUs into an equal number of common shares on August 18, 2026, after a market-price condition was met. In connection with this vesting, 11,481 shares of common stock were withheld and deemed disposed to the company to satisfy tax withholding obligations. The performance-based RSUs were fully earned once the average closing price of the common stock reached at least $5.00 over any ten consecutive trading days beginning on the first anniversary of the June 2, 2025 grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 14,399 shares
Net Buy
3 txns
Insider
Lavieri Todd D.
Role
VICE CHAIRMAN
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Based RSUs F1 | 25,880 | $0.00 | $0.00 |
| Exercise | Shares of Common Stock F1 | 25,880 | -- | -- |
| Tax Withholding | Shares of Common Stock F2, F3 | 11,481 | $4.93 | $57K |
Holdings After Transaction:
Performance Based RSUs — 0 shares (Direct);
Shares of Common Stock — 1,219,105 shares (Direct)
Footnotes (3)
- F1. On June 2, 2025, the Reporting Person received a grant of RSUs that could be earned based on the achievement of market price goals, which were measured as the average closing price of issuer's common stock over any ten consecutive trading day period beginning with the first anniversary of the award. 100% of the number of RSUs will be earned if the measured market price is $5.00 or above This performance condition was met on August 18, 2026, and 100% of the performance-based RSUs were fully vested.
- F2. Represents deemed disposition of shares of common stock to the Issuer as a result of withholding of shares of common stock to satisfy tax withholding obligations in connection with vesting of restricted stock units issued in accordance with Rule 16b-3.
- F3. Includes 1,013 shares acquired under the Information Services Group, Inc. Amended and Restated 2007 Employee Stock Purchase Plan.
Key Figures
Performance-based RSUs exercised: 25,880 units
Common shares acquired on exercise: 25,880 shares
Shares withheld for taxes: 11,481 shares
+3 more
6 metrics
Performance-based RSUs exercised
25,880 units
RSUs granted June 2, 2025 and earned upon meeting market price goals
Common shares acquired on exercise
25,880 shares
Shares of common stock received on August 18, 2026 from RSU exercise
Shares withheld for taxes
11,481 shares
Common shares deemed disposed to issuer to satisfy tax withholding obligations
Tax withholding reference price
$4.93 per share
Per-share value used in the code F withholding transaction on August 18, 2026
Performance share price condition
$5.00 per share
Average closing price threshold over ten consecutive trading days required to earn 100% of RSUs
ESPP shares included
1,013 shares
Shares acquired under the Amended and Restated 2007 Employee Stock Purchase Plan
Key Terms
Performance Based RSUs, market price goals, ten consecutive trading day period, tax withholding obligations, +1 more
5 terms
Performance Based RSUs financial
"received a grant of RSUs that could be earned based on the achievement of market price goals"
market price goals financial
"could be earned based on the achievement of market price goals, which were measured"
ten consecutive trading day period financial
"measured as the average closing price of issuer's common stock over any ten consecutive trading day period"
tax withholding obligations financial
"withholding of shares of common stock to satisfy tax withholding obligations in connection with vesting"
Rule 16b-3 regulatory
"restricted stock units issued in accordance with Rule 16b-3"
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
FAQ
What insider equity transaction did III report for Todd D. Lavieri?
III reported that Vice Chairman Todd D. Lavieri exercised 25,880 performance-based RSUs into common stock on August 18, 2026, with part of the resulting shares withheld to cover tax obligations related to the vesting.
What performance condition triggered the RSU vesting at Information Services Group Inc. (III)?
The RSUs vested when the average closing price of III’s common stock reached $5.00 or above over any ten consecutive trading days, measured beginning on the first anniversary of the June 2, 2025 grant. This condition was met on August 18, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
