IS&S CFO shares withheld for RSU tax payment
Innovative Solutions & Support Inc. reported that Chief Financial Officer Jeffrey DiGiovanni had shares withheld to cover taxes on vesting restricted stock units.
Rhea-AI Filing Summary
Innovative Solutions & Support Inc. reported that Chief Financial Officer Jeffrey DiGiovanni had shares withheld to cover taxes on vesting restricted stock units. On this Form 4, 2,172 shares of common stock were disposed of at $23.52 per share through tax withholding, leaving him with 90,033 directly owned shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 2,172 shares
Exercise Price or Tax Liability
1 txn
Insider
DiGiovanni Jeffrey
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 2,172 | $23.52 | $51K |
Holdings After Transaction:
Common Stock — 90,033 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.
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?
The ISSC Chief Financial Officer reported a tax-withholding disposition of common stock. Shares were withheld by the company to cover his tax obligations arising from the vesting of restricted stock units, rather than an open-market sale of shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.