ISSC CFO has 910 shares withheld for taxes
INNOVATIVE SOLUTIONS & SUPPORT INC Chief Financial Officer Jeffrey DiGiovanni reported a tax-related share disposition.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
INNOVATIVE SOLUTIONS & SUPPORT INC Chief Financial Officer Jeffrey DiGiovanni reported a tax-related share disposition. On this Form 4, 910 shares of common stock were withheld at $18.00 per share to cover his tax obligations arising from the vesting of restricted stock units, rather than being sold in the open market. After this withholding, he directly holds 86,987 shares of the company’s common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 910 | $18.00 | $16K |
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
Key Terms
restricted stock units financial
tax-withholding disposition financial
Common Stock financial
Payment of exercise price or tax liability by delivering securities financial
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?
What does transaction code F mean in Jeffrey DiGiovanni’s ISSC Form 4?
Does this ISSC Form 4 show any open-market buying or selling by the CFO?
AI-generated analysis. How Rhea-AI works. Not financial advice.