Innovative Solutions & Support (ISSC) CFO has 868 withheld for taxes
Rhea-AI Filing Summary
Innovative Solutions & Support Chief Financial Officer reports tax share withholding. On January 13, 2026, CFO Jeffrey DiGiovanni had 868 shares of common stock withheld by Innovative Solutions & Support, Inc. to cover his tax obligations from the vesting of restricted stock units. The shares were treated as a disposition at a price of $18.8 per share, and following this withholding he directly beneficially owns 82,750 shares of the company’s common stock.
Positive
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Negative
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FAQ
What insider transaction did ISSC report for its CFO on this Form 4?
The Form 4 reports that CFO Jeffrey DiGiovanni had 868 shares of Innovative Solutions & Support common stock withheld on January 13, 2026 to satisfy tax obligations related to vesting restricted stock units.
What was the price used for the 868 ISSC shares withheld for taxes?
The 868 withheld shares of Innovative Solutions & Support common stock were reported at a price of $18.8 per share in the transaction.
How many ISSC shares does the CFO own after this tax withholding?
After the reported transaction, CFO Jeffrey DiGiovanni beneficially owns 82,750 shares of Innovative Solutions & Support common stock in direct ownership.
What does transaction code "F" mean in this ISSC Form 4 filing?
The transaction is reported with code "F", and the footnote explains that the common shares were withheld by the issuer to satisfy the reporting persons tax obligations arising from the vesting of restricted stock units.
Is this ISSC Form 4 transaction a market sale by the CFO?
No. The filing states that the 868 shares were withheld by the issuer to cover the CFOs tax obligations upon RSU vesting, rather than being sold into the open market.
Does the ISSC CFO hold the reported shares directly or indirectly?
The Form 4 indicates that the 82,750 shares of Innovative Solutions & Support common stock owned after the transaction are held in direct ownership by the CFO.