Innovative Solutions & Support's 10% Owner Reduces Stake in $211K Stock Sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Christopher Harborne, a 10% owner of Innovative Solutions & Support (ISSC), reported a significant insider transaction on June 18, 2025. The filing discloses the sale of 17,198 shares at an average price of $12.2757 per share, representing a total transaction value of approximately $211,170.
Following the transaction, Harborne maintains indirect beneficial ownership of 2,072,608 shares through Klear Kite LLC, a Delaware limited liability company of which he is the sole member. This substantial holding indicates Harborne remains a significant stakeholder in the company despite the recent sale.
Key transaction details:
- Transaction Type: Sale (S)
- Ownership Type: Indirect through Klear Kite LLC
- Filing Date: June 28, 2025
- Transaction Date: June 18, 2025
Positive
- None.
Negative
- 10% owner Christopher Harborne sold 17,198 shares worth approximately $211,000 through his LLC Klear Kite, though he still maintains a substantial position of over 2 million shares
Insider Trade Summary
Net Seller: 17,198 shares ($211,117)
Net Sell
1 txn
Insider
Harborne Christopher
Role
10% Owner
Sold
17,198 shs ($211K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, par value $0.001 per share | 17,198 | $12.2757 | $211K |
Holdings After Transaction:
Common Stock, par value $0.001 per share — 2,072,608 shares (Indirect, See Footnote)
Footnotes (1)
- [object Object]
FAQ
What is Christopher Harborne's relationship to ISSC?
Christopher Harborne is a 10% Owner of Innovative Solutions & Support Inc (ISSC), as indicated in the Form 4 filing where the '10% Owner' box is checked.