InvenTrust (IVT) SVP and CAO receives 3,318 RSUs vesting through 2028
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
InvenTrust Properties Corp. reported that SVP and Chief Accounting Officer David Bryson acquired 3,318 Restricted Stock Units as an equity award under the company’s 2015 Incentive Award Plan. The RSUs carry no purchase price.
Thirty-three percent of the units vest on December 31, 2026, another thirty-three percent on December 31, 2027, and the remaining thirty-four percent on December 31, 2028. Vesting may accelerate if employment ends under certain conditions following a change in control, and vested RSUs will be settled in common stock within 60 days after each vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bryson David
Role
SVP, Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 3,318 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 6,245 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did InvenTrust Properties (IVT) report for David Bryson?
InvenTrust Properties reported that SVP and Chief Accounting Officer David Bryson received an equity award of 3,318 Restricted Stock Units. These RSUs were granted under the company’s 2015 Incentive Award Plan and will convert into common shares as they vest over time.
How many Restricted Stock Units did the IVT executive receive in this Form 4?
The executive received 3,318 Restricted Stock Units. This grant increases his directly held RSU balance to 6,245 units following the transaction, providing additional equity-based compensation that will vest over several years according to the disclosed schedule and plan terms.
What is the vesting schedule for David Bryson’s 3,318 IVT Restricted Stock Units?
The 3,318 RSUs vest in three tranches: 33% on December 31, 2026, another 33% on December 31, 2027, and the remaining 34% on December 31, 2028. Each vested portion will be settled in common stock within 60 days after its vesting date.
Under what conditions can the IVT RSU award vest early for David Bryson?
The RSUs may vest early if employment terminates due to death or disability, or if the company terminates without cause or he leaves for good reason, in each case within 24 months after a change in control, according to the plan’s accelerated vesting provisions.
How will the InvenTrust (IVT) RSUs granted to David Bryson be settled?
The RSUs will be settled in shares of InvenTrust Properties’ common stock. Settlement occurs within 60 days after each vesting date, meaning the executive receives actual stock rather than cash as each portion of the award becomes vested.
What role does David Bryson hold at InvenTrust Properties (IVT) in this Form 4 filing?
David Bryson serves as Senior Vice President and Chief Accounting Officer. The Form 4 reflects an equity-based compensation grant of Restricted Stock Units awarded to him under InvenTrust Properties’ 2015 Incentive Award Plan, aligning part of his compensation with company performance.