Welcome to our dedicated page for Innovative Sol SEC filings (Ticker: ISSC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Innovative Solutions & Support, Inc. filings document the public-company record for a Nasdaq-listed avionics manufacturer operating as Innovative Aerosystems. Form 8-K reports furnish quarterly and annual operating results and record material events involving asset purchase and license agreements, acquired product-line rights, credit facilities and board composition.
Proxy and annual-meeting filings cover director elections, auditor ratification, executive compensation votes and shareholder voting results. The company's disclosures also identify its common stock listing, Pennsylvania incorporation, subsidiary borrowing arrangements and governance matters tied to its aerospace products, aftermarket services and acquired intellectual property.
Schedule 13D/A Amendment No. 10 – Innovative Solutions & Support (ISSC)
Christopher Harborne and his wholly owned entity Klear Kite LLC have filed their tenth and final Schedule 13D amendment, disclosing that they now beneficially own 0 shares of ISSC, equal to 0 % of the 17,604,155 shares outstanding (as of 1 May 2025). The group therefore no longer qualifies as a 5 %-plus beneficial owner and has exited its reporting obligations under Section 13(d). The effective exit date is 10 July 2025; all sales were executed in the open market, as detailed in Exhibit 99.9 (not included in the excerpt).
Key points for investors
- Complete divestiture: Former >5 % holder has sold its entire position.
- Voting power: Both sole and shared voting/dispositive power are now zero.
- Filing purpose: Marks the end of the shareholder group’s Schedule 13D obligations (exit filing).
No operational, earnings, or strategic data are provided; the filing strictly updates ownership information.
Amendment No. 9 to Schedule 13D discloses that Klear Kite LLC and its sole member Christopher Harborne collectively own 959,327 shares of Innovative Solutions & Support Inc. (ISSC). This holding equals 5.5 % of the company’s 17,604,155 outstanding common shares (as of 1 May 2025). Both parties share voting and dispositive power over the entire position.
The amendment, dated 8 July 2025 and signed 10 July 2025, replaces Item 5 in its entirety and adds Exhibit 99.8, which lists open-market transactions executed since Amendment No. 8 (details not included in the excerpt). No other sections of the original Schedule 13D are modified. The filing confirms that Harborne (citizenship: Thailand) and Klear Kite (Delaware LLC) remain passive 5 %-plus shareholders, classified as “IN” and “OO” reporting persons, respectively.
Christopher Harborne and his wholly owned entity Klear Kite LLC have filed Amendment No. 7 to their Schedule 13D on Innovative Solutions & Support, Inc. (ISSC).
The filing discloses beneficial ownership of 1,583,411 common shares, equivalent to 9.0 % of ISSC’s 17,604,155 shares outstanding as of 1 May 2025. Both Harborne (a Thai citizen) and Klear Kite share voting and dispositive power over the full position; neither has sole voting or dispositive authority. The shares are held directly by Klear Kite and were acquired with personal (PF) and affiliate (AF) funds.
Item 5 notes that additional share transactions executed in the open market since the prior amendment (filed 25 Jun 2025) are detailed in Exhibit 99.6 (not included in the excerpt). No other changes to the original Schedule 13D were highlighted.
Innovative Solutions & Support (NASDAQ:ISSC) filed a Form 4 on 28 Jun 2025 disclosing that 10% owner Christopher Harborne, acting through Klear Kite LLC, sold 59,667 common shares on 26 Jun 2025 at an average price of $13.2102, generating roughly $0.79 million in proceeds.
After the sale, Harborne’s indirect beneficial ownership fell to 1,800,919 shares. No derivative transactions or additional material events were reported.
Innovative Solutions & Support (NASDAQ: ISSC) filed a Form 4 showing that 10% owner Christopher Harborne, through Klear Kite LLC, sold 90,655 common shares on 06/25/2025 at an average price of $12.9217, raising roughly $1.17 million.
Post-sale indirect ownership stands at 1,860,586 shares, a reduction of about 4.6% from his previous position. No derivatives were involved, and the filing does not cite a Rule 10b5-1 trading plan. The sale is material in dollar terms but the insider retains a sizeable stake, leaving control dynamics largely unchanged.
Christopher Harborne and Klear Kite LLC have filed Amendment No. 6 to their Schedule 13D regarding their holdings in Innovative Solutions & Support. The filing discloses that the reporting persons beneficially own 1,951,241 shares, representing approximately 11.1% of the company's outstanding common stock.
Key details of the filing include:
- Shares are held directly by Klear Kite LLC, with Christopher Harborne as its sole member
- Both parties share voting and investment power over all shares
- Percentage calculation based on 17,604,155 total shares outstanding as of May 1, 2025
- The filing includes transactions made since Amendment No. 5, detailed in Schedule A (Exhibit 99.5)
- Source of funds: Personal Funds (PF) for Harborne and Affiliate Funds (AF) for Klear Kite
This amendment continues the reporting sequence that began with the original Schedule 13D filed on September 13, 2022, and represents the latest update in their ownership position.
Form 4 filing summary for Innovative Solutions & Support Inc. (ISSC)
On 23 June 2025, 10% owner Christopher Harborne—acting through his wholly-owned entity Klear Kite LLC—reported the sale of 89,414 shares of ISSC common stock at an average price of $12.4952 per share. The gross transaction value is approximately $1.12 million.
Following this disposition, Harborne’s indirect ownership stands at 1,951,241 shares. Based on the figures disclosed, the shares sold represent roughly 4.4 % of his pre-transaction position (≈2.04 million shares). No derivative securities were reported as acquired or disposed, and the filing lists no 10b5-1 trading plan for the transaction.
Because Harborne remains well above the 10 % threshold, he continues to be classified as an insider and significant shareholder. Investors often monitor insider activity for sentiment clues; while the sale reduces exposure modestly, the insider still retains a substantial, long-term stake.
The filing contains no earnings data, operational updates, or strategic disclosures; it is limited to ownership changes required under Section 16. Accordingly, market impact will hinge on how participants interpret the signal of partial profit-taking versus continued large ownership.
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