Director Richard Silfen receives 1,890 RSUs at Innovative (ISSC)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Innovative Solutions & Support Inc. reported that director Richard A. Silfen acquired 1,890 restricted stock units (RSUs) on February 17, 2026 as an equity award. Each RSU represents the right to receive one share of common stock.
The RSUs were granted under the company’s 2019 Stock-Based Incentive Compensation Plan and are scheduled to vest on the first anniversary of the grant date, subject to Mr. Silfen’s continued service. Following this grant, he holds 1,890 RSUs directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Silfen Richard A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,890 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 1,890 shares (Direct)
Footnotes (1)
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FAQ
What did Innovative Solutions & Support (ISSC) disclose in this Form 4?
Innovative Solutions & Support disclosed an equity award to director Richard A. Silfen. He received 1,890 restricted stock units, each representing one share of common stock, granted under the company’s 2019 Stock-Based Incentive Compensation Plan.
How many restricted stock units did ISSC director Richard A. Silfen receive?
Richard A. Silfen received 1,890 restricted stock units from Innovative Solutions & Support. These RSUs are a form of stock-based compensation and increase his potential future ownership once they vest and convert into shares of common stock.
What is the vesting schedule for Richard A. Silfen’s 1,890 ISSC RSUs?
The 1,890 restricted stock units granted to Richard A. Silfen are scheduled to vest on the first anniversary of the grant date. Vesting is conditioned on his continued service with Innovative Solutions & Support through that one-year period.
Under which plan were the 1,890 ISSC restricted stock units granted?
The 1,890 restricted stock units granted to Richard A. Silfen were issued under Innovative Solutions & Support’s 2019 Stock-Based Incentive Compensation Plan. This plan provides equity-based awards as part of director and employee compensation.
Does Richard A. Silfen directly own the 1,890 ISSC restricted stock units?
Yes. The filing shows Richard A. Silfen holds the 1,890 restricted stock units as direct ownership. The units are classified as non-derivative securities and will convert into common shares after they fully vest according to the plan terms.
Did Richard A. Silfen pay cash for the 1,890 ISSC restricted stock units?
No cash purchase price is shown for the 1,890 restricted stock units. The transaction is coded as a grant or award, indicating these RSUs were issued as compensation rather than acquired through an open-market share purchase.