ISSC CFO has 749 shares withheld for tax obligations
INNOVATIVE SOLUTIONS & SUPPORT INC reported that Chief Financial Officer Jeffrey DiGiovanni had 749 shares of common stock withheld by the issuer on July 8, 2026 to satisfy tax obligations arising from the vesting of restricted stock units.
Rhea-AI Filing Summary
INNOVATIVE SOLUTIONS & SUPPORT INC reported that Chief Financial Officer Jeffrey DiGiovanni had 749 shares of common stock withheld by the issuer on July 8, 2026 to satisfy tax obligations arising from the vesting of restricted stock units. After this tax-withholding disposition, he holds 86,238 shares of common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Tax Withholding: 749 shares
Tax Withholding
1 txn
Insider
DiGiovanni Jeffrey
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 749 | $18.31 | $14K |
Holdings After Transaction:
Common Stock — 86,238 shares (Direct)
Footnotes (1)
- F1. These shares of common stock were withheld by the issuer to satisfy the reporting person's tax obligations in connection with the vesting of restricted stock units.
Key Figures
Shares withheld for taxes: 749 shares
Tax withholding price: $18.31 per share
Shares held after transaction: 86,238 shares
3 metrics
Shares withheld for taxes
749 shares
Common stock withheld to satisfy tax obligations on RSU vesting on July 8, 2026
Tax withholding price
$18.31 per share
Value per share used for the 749 withheld shares
Shares held after transaction
86,238 shares
Direct holdings of common stock by the CFO following the tax-withholding disposition
Key Terms
tax obligations, restricted stock units, withheld by the issuer
3 terms
tax obligations financial
"withheld by the issuer to satisfy the reporting person's tax obligations"
restricted stock units financial
"in connection with the vesting of restricted stock units"
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.
withheld by the issuer financial
"These shares of common stock were withheld by the issuer"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did ISSC CFO Jeffrey DiGiovanni report on this Form 4?
CFO Jeffrey DiGiovanni reported a tax-withholding disposition of 749 shares of INNOVATIVE SOLUTIONS & SUPPORT INC common stock. The shares were withheld by the issuer to cover tax obligations from restricted stock unit vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.