ISSC (ISSC) director receives 5,618 RSU equity award, totaling 42,559 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Belland Stephen L reported acquisition or exercise transactions in this Form 4 filing.
INNOVATIVE SOLUTIONS & SUPPORT INC director receives stock-based compensation. Director Stephen L. Belland was granted 5,618 Restricted Stock Units (RSUs) on April 16, 2026 at a price of $0.00 per unit as a compensation award, not an open-market purchase.
Each RSU represents one share of common stock and is scheduled to vest on the first anniversary of the grant date, subject to his continued service. Following this grant, Belland directly holds 42,559 shares/RSUs in total.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Belland Stephen L
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 5,618 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 42,559 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 5,618 units
Award price per RSU: $0.00 per unit
Holdings after grant: 42,559 shares/RSUs
+1 more
4 metrics
RSUs granted
5,618 units
Restricted Stock Units granted on April 16, 2026
Award price per RSU
$0.00 per unit
Stock-based compensation grant, non-cash acquisition
Holdings after grant
42,559 shares/RSUs
Total direct position following April 16, 2026 grant
Vesting period
1 year
RSUs vest on first anniversary of April 16, 2026 grant
Key Terms
Restricted Stock Units, 2019 Stock-Based Incentive Compensation Plan, vest
3 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"
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.
FAQ
What insider transaction did ISSC director Stephen L. Belland report?
Stephen L. Belland reported receiving a grant of 5,618 Restricted Stock Units (RSUs) in INNOVATIVE SOLUTIONS & SUPPORT INC on April 16, 2026. This is a stock-based compensation award rather than an open-market share purchase or sale.
What are the vesting terms of Stephen L. Belland’s new RSUs in ISSC?
The 5,618 RSUs granted to Stephen L. Belland are scheduled to vest on the first anniversary of the grant date. Vesting is conditioned on his continued service with INNOVATIVE SOLUTIONS & SUPPORT INC through that one-year period.
What does each Restricted Stock Unit (RSU) granted to Stephen L. Belland represent?
Each RSU granted to Stephen L. Belland represents the right to receive one share of INNOVATIVE SOLUTIONS & SUPPORT INC common stock. Settlement occurs when the RSUs vest under the company’s 2019 Stock-Based Incentive Compensation Plan.
Under which plan were Stephen L. Belland’s ISSC RSUs granted?
The 5,618 RSUs reported in the Form 4 were granted under the company’s 2019 Stock-Based Incentive Compensation Plan. This plan governs equity awards such as RSUs provided to eligible participants, including directors of INNOVATIVE SOLUTIONS & SUPPORT INC.