ISSC Major Shareholder Sells 31,953 Shares at $12.25 in Insider Transaction
Christopher Harborne, a 10% owner of Innovative Solutions & Support (ISSC), reported a significant insider transaction on June 20, 2025.
Rhea-AI Filing Summary
Christopher Harborne, a 10% owner of Innovative Solutions & Support (ISSC), reported a significant insider transaction on June 20, 2025. The filing discloses the sale of 31,953 shares at a price of $12.25 per share, representing a total transaction value of approximately $391,424.
Following the transaction, Harborne maintains indirect beneficial ownership of 2,040,655 shares through Klear Kite LLC, a Delaware limited liability company of which he is the sole member. This Form 4 filing indicates a reduction in his holdings while maintaining a substantial position in the company.
Key Transaction Details:
- Transaction Type: Sale (S)
- Share Price: $12.25
- Ownership Type: Indirect through Klear Kite LLC
- Filing Date: June 28, 2025
- Transaction Date: June 20, 2025
Positive
- None.
Negative
- 10% owner Christopher Harborne sold 31,953 shares at $12.25 per share (approximately $391,424 total value), though still retains significant indirect ownership of over 2 million shares through Klear Kite LLC
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, par value $0.001 per share | 31,953 | $12.25 | $391K |
Footnotes (1)
- F1. These shares of common stock, par value $0.001 per share, of Innovative Solutions and Support, Inc. are directly held by Klear Kite LLC, a Delaware limited liability company, whose sole member is Christopher Harborne.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What is Christopher Harborne's relationship to ISSC?
AI-generated analysis. How Rhea-AI works. Not financial advice.