Innovative Solutions director awarded 5,618 RSUs
Silfen Richard A reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Silfen Richard A reported acquisition or exercise transactions in this Form 4 filing.
Innovative Solutions & Support Inc. director Richard A. Silfen received a grant of 5,618 Restricted Stock Units (RSUs). The award was made at a stated price of $0.00 per unit as part of his equity compensation.
The RSUs were granted under the company’s 2019 Stock-Based Incentive Compensation Plan. Each RSU represents the right to receive one share of common stock, and the units are scheduled to vest on the first anniversary of the grant date, subject to his continued service. Following this grant, Silfen directly holds 7,508 shares or share-equivalent RSUs.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 5,618 | $0.00 | $0.00 |
Footnotes (1)
- F1. The RSUs were granted pursuant to the Company's 2019 Stock-Based Incentive Compensation Plan. Each RSU represents the right to receive one share of Common Stock. The RSUs are scheduled to vest on the first anniversary of the grant date, subject to continued service by the reporting person.
Key Figures
Key Terms
Restricted Stock Units financial
2019 Stock-Based Incentive Compensation Plan financial
vest financial
FAQ
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What insider transaction did ISSC director Richard A. Silfen report?
When will the newly granted ISSC RSUs to Richard A. Silfen vest?
Under which plan were the ISSC RSUs granted to director Richard A. Silfen?
What does each RSU granted to ISSC director Richard A. Silfen represent?
AI-generated analysis. How Rhea-AI works. Not financial advice.