IS&S CEO awarded RSUs, PSUs and options
Askarpour Shahram reported acquisition or exercise transactions in this Form 4 filing.
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Form Type
4/A
Rhea-AI Filing Summary
Askarpour Shahram reported acquisition or exercise transactions in this Form 4 filing.
INNOVATIVE SOLUTIONS & SUPPORT INC reported that CEO Shahram Askarpour received equity compensation awards on February 17, 2026. He was granted 20,171 Restricted Stock Units at a grant value of $19.83 per unit, 45,455 Performance Stock Units tied to future stock price targets, and 34,364 non-qualified stock options exercisable at $19.83 per share, expiring February 17, 2036. Following the RSU grant, he directly holds 502,442 shares of common stock. This filing amends an earlier report to correct the previously understated number of Performance Stock Units.
Insider Trade Summary
Grant/Award: 99,990 shares
Grant/Award
3 txns
Insider
Askarpour Shahram
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non-Qualified Stock Option (Right to Buy) | 34,364 | $0.00 | $0.00 |
| Grant/Award | Performance Stock Units | 45,455 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 20,171 | $19.83 | $400K |
Holdings After Transaction:
Non-Qualified Stock Option (Right to Buy) — 34,364 contracts (Direct);
Performance Stock Units — 45,455 contracts (Direct);
Restricted Stock Units — 502,442 shares (Direct)
Footnotes (4)
- F1. The RSUs were granted pursuant to the Company's 2019 Stock-Based Incentive Compensation Plan. Each RSU represents the right to receive one share of Common Stock, subject to adjustment as provided in the Award Agreement. The RSUs are scheduled to vest in accordance with the following schedule: 1/4th on the first anniversary of the grant date and 1/12th on each quarterly anniversary of the grant date thereafter, subject to continued employment by the reporting person.
- F2. The non-qualified stock option was granted pursuant to the Company's 2019 Stock-Based Incentive Compensation Plan. The option is scheduled to vest in accordance with the following schedule: 1/4th on the first anniversary of the grant date and 1/12th on each quarterly anniversary of the grant date thereafter, subject to continued employment by the reporting person.
- F3. The Reporting Person is amending the Form 4 filed on February 19, 2026 to correct the number of performance stock units granted to the Reporting person, which were originally understated due to a clerical error.
- F4. Each Performance Stock Unit represents a contingent right to receive one share of issuer common stock. The Performance Stock Units vest upon the issuer's common stock achieving specified prices per share.
Key Figures
Restricted Stock Units granted: 20,171 units at $19.83
Performance Stock Units granted: 45,455 units
Stock options granted: 34,364 options at $19.83
+2 more
5 metrics
Restricted Stock Units granted
20,171 units at $19.83
RSU grant to CEO on February 17, 2026
Performance Stock Units granted
45,455 units
PSU grant contingent on stock price performance
Stock options granted
34,364 options at $19.83
Non-qualified options expiring February 17, 2036
Shares held after RSU grant
502,442 shares
Common stock directly owned by CEO after grant
Option expiration date
February 17, 2036
End of exercise period for non-qualified options
Key Terms
Restricted Stock Units, Performance Stock Units, Non-Qualified Stock Option, 2019 Stock-Based Incentive Compensation Plan
4 terms
Restricted Stock Units financial
"The RSUs were granted pursuant to the Company's 2019 Stock-Based Incentive Compensation Plan."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Performance Stock Units financial
"Each Performance Stock Unit represents a contingent right to receive one share of issuer common stock."
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
Non-Qualified Stock Option financial
"The non-qualified stock option was granted pursuant to the Company's 2019 Stock-Based Incentive Compensation Plan."
A non-qualified stock option (NSO) is a contract that lets an employee or service provider buy company shares at a fixed price for a set period, like a voucher to purchase stock later at today’s price. It matters to investors because exercising NSOs creates ordinary income for the holder and can increase share count, affecting a company’s earnings and ownership mix; think of it as a future sale that can dilute existing shareholders and has immediate tax consequences for the recipient.
2019 Stock-Based Incentive Compensation Plan financial
"The RSUs were granted pursuant to the Company's 2019 Stock-Based Incentive Compensation Plan."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider equity awards did IS&S (ISSC) CEO receive on February 17, 2026?
CEO Shahram Askarpour received equity compensation awards rather than buying shares in the market. He was granted 20,171 Restricted Stock Units, 45,455 Performance Stock Units, and 34,364 non-qualified stock options, all under the company’s 2019 Stock-Based Incentive Compensation Plan.
What are the terms of the Restricted Stock Units granted to the IS&S CEO?
The CEO received 20,171 Restricted Stock Units at a grant value of $19.83 each. Each RSU represents one common share and vests 25% on the first anniversary of the grant, then 1/12 of the total on each quarterly anniversary, subject to continued employment.
How do the IS&S Performance Stock Units for the CEO vest?
The 45,455 Performance Stock Units each represent a contingent right to one share of common stock. These units vest only if IS&S’s common stock reaches specified price levels, linking the CEO’s compensation directly to future stock price performance rather than automatic time-based vesting.
What are the key terms of the IS&S CEO stock options reported in this Form 4/A?
The CEO was granted 34,364 non-qualified stock options with an exercise price of $19.83 per share, expiring February 17, 2036. The options vest 25% on the first anniversary of the grant date, then 1/12 of the total vests on each subsequent quarterly anniversary, contingent on continued employment.
Why was this IS&S Form 4/A filed as an amendment?
The filing amends a prior Form 4 to correct the number of Performance Stock Units granted to the CEO. The original filing understated the grant amount due to a clerical error, and this amendment updates the reported PSU total to 45,455 units.
Do the IS&S CEO’s Form 4/A transactions reflect open-market buying or selling?
No, the reported transactions are equity compensation grants, not open-market trades. They include Restricted Stock Units, Performance Stock Units, and stock options awarded under the company’s 2019 Stock-Based Incentive Compensation Plan, with vesting based on time and stock price conditions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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