Innospec Inc. (IOSP) SVP acquires 1,299 shares via performance award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Innospec Inc. senior vice president of human resources Hardy Louis Griffin III acquired 1,299 shares of common stock through a grant/award on settlement of a performance-based restricted stock unit granted on February 27, 2023. Following this award, his direct ownership stands at 8,041 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
GRIFFIN HARDY LOUIS III
Role
SVP, HUMAN RESOURCES
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,299 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 8,041 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did Innospec (IOSP) report for Hardy Louis Griffin III?
Innospec reported that SVP of Human Resources Hardy Louis Griffin III acquired 1,299 common shares. The shares were received at no cash cost upon settlement of a previously granted performance-based restricted stock unit award from February 27, 2023.
Was the Innospec (IOSP) insider transaction a market purchase or a stock award?
The transaction was a stock award, not a market purchase. Griffin acquired 1,299 Innospec common shares at a stated price of $0.00 per share upon settlement of a performance-based restricted stock unit grant dated February 27, 2023.
What is the transaction code used in the Innospec (IOSP) Form 4 filing?
The filing uses transaction code “A,” indicating a grant, award, or other acquisition. In this case, it reflects 1,299 Innospec common shares received through settlement of a performance-based restricted stock unit award, increasing Griffin’s direct holdings to 8,041 shares.
Is the Innospec (IOSP) insider transaction classified as a buy or an acquisition?
The transaction is classified as an acquisition via grant/award, not an open-market buy. Form 4 data show transaction code A and describe it as a grant, reflecting settlement of a performance-based restricted stock unit award into 1,299 common shares.