InnovAge (INNV) director granted 8,539 RSUs vesting in 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bush John Ellis reported acquisition or exercise transactions in this Form 4 filing.
InnovAge Holding Corp. director John Ellis Bush received an equity award of 8,539 Restricted Stock Units (RSUs), which will be settled in common shares. The RSUs vest in full on June 30, 2027, subject to his continued service. Following this grant, he directly holds 53,696 shares reported on this Form 4. This is a compensation-related award at no cash purchase price, not an open-market stock buy.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bush John Ellis
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $0.001 par value | 8,539 | $0.00 | -- |
Holdings After Transaction:
Common Stock, $0.001 par value — 53,696 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 8,539 units
Grant price: $0.00 per unit
Post-grant holdings: 53,696 shares
+1 more
4 metrics
RSU grant size
8,539 units
Restricted Stock Units granted to director John Ellis Bush
Grant price
$0.00 per unit
RSU award recorded with zero purchase price
Post-grant holdings
53,696 shares
Total common shares directly held after the transaction
Vesting date
June 30, 2027
RSUs vest in full on this date, subject to continued service
Key Terms
Restricted Stock Units ("RSUs"), vest in full, grant/award acquisition
3 terms
Restricted Stock Units ("RSUs") financial
"Represents Restricted Stock Units ("RSUs") which will be settled in shares of common stock of the Issuer"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
vest in full financial
"and will vest in full on June 30, 2027, subject to the Reporting Person's continued service"
grant/award acquisition financial
"transaction_action": "grant/award acquisition""
FAQ
What insider transaction did InnovAge (INNV) report for John Ellis Bush?
InnovAge reported that director John Ellis Bush received an equity award of 8,539 Restricted Stock Units (RSUs). These units are a form of stock-based compensation, not an open-market purchase, and will convert into common shares once they fully vest in 2027.
When do John Ellis Bush’s InnovAge RSUs vest according to the Form 4?
The RSUs granted to John Ellis Bush vest in full on June 30, 2027. Vesting is conditioned on his continued service with InnovAge through that date, meaning the award becomes deliverable as common stock only after that vesting milestone is reached.