Innovative Solutions & Support (NASDAQ: ISSC) director receives 5,618 RSUs as equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BRESSNER GLEN R reported acquisition or exercise transactions in this Form 4 filing.
INNOVATIVE SOLUTIONS & SUPPORT INC director Glen R. Bressner received a grant of 5,618 restricted stock units (RSUs). The award was made at a price of $0.00 per unit as equity compensation under the company’s 2019 Stock-Based Incentive Compensation Plan.
Each RSU represents the right to receive one share of common stock. The RSUs are scheduled to vest on the first anniversary of the grant date, subject to Mr. Bressner’s continued service. After this grant, he holds a total of 147,355 shares/units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BRESSNER GLEN R
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 5,618 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 147,355 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 5,618 units
Grant price per unit: $0.00
Holdings after transaction: 147,355 shares/units
+1 more
4 metrics
RSUs granted
5,618 units
Restricted Stock Units granted on 2026-04-16
Grant price per unit
$0.00
Equity compensation award, not a market purchase
Holdings after transaction
147,355 shares/units
Total direct holdings following RSU grant
Vesting schedule
First anniversary of grant date
RSUs vest after one year of continued service
Key Terms
Restricted Stock Units, 2019 Stock-Based Incentive Compensation Plan, vest, Common Stock
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.
2019 Stock-Based Incentive Compensation Plan financial
"The RSUs were granted pursuant to the Company's 2019 Stock-Based Incentive Compensation Plan."
vest financial
"The RSUs are scheduled to vest on the first anniversary of the grant date, subject to continued service"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Common Stock financial
"Each RSU represents the right to receive one share of Common Stock."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did ISSC director Glen R. Bressner report?
Glen R. Bressner reported receiving a grant of 5,618 restricted stock units from Innovative Solutions & Support Inc. This is a stock-based compensation award, not an open-market purchase or sale, and increases his direct equity-based holdings in the company.
How many ISSC restricted stock units were granted to Glen R. Bressner?
He was granted 5,618 restricted stock units. Each unit represents the right to receive one share of Innovative Solutions & Support Inc common stock, providing additional equity exposure tied directly to the company’s future performance once the award vests.
At what price were the ISSC restricted stock units granted to Glen R. Bressner?
The restricted stock units were granted at a price of $0.00 per unit. This reflects that the award is part of stock-based compensation, rather than a cash purchase, so Mr. Bressner did not pay cash to acquire these RSUs.
When do Glen R. Bressner’s ISSC restricted stock units vest?
The restricted stock units are scheduled to vest on the first anniversary of the grant date. Vesting is conditioned on Mr. Bressner’s continued service with Innovative Solutions & Support Inc through that one-year period, aligning incentives with ongoing board involvement.
Under which plan were Glen R. Bressner’s ISSC RSUs granted?
The restricted stock units were granted under Innovative Solutions & Support Inc’s 2019 Stock-Based Incentive Compensation Plan. This plan is designed to deliver equity awards such as RSUs to directors and other participants as part of their overall compensation packages.