InvenTrust Properties (IVT) officer converts RSUs and updates share holdings
Rhea-AI Filing Summary
InvenTrust Properties Corp. disclosed that an executive vice president, chief financial officer and treasurer reported equity transactions in the company’s common stock on December 31, 2025. The officer acquired 14,384 shares of common stock through the conversion of previously granted restricted stock units, shown as an "M" (exercise or conversion) code.
The officer also disposed of 6,308 shares of common stock in a transaction coded "F" at a price of $28.84 per share. After these transactions, the officer directly beneficially owned 60,236 shares of common stock. Several restricted stock unit awards converted into common stock on a one-for-one basis, with remaining portions of certain awards scheduled to vest on December 31, 2026 and December 31, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 5,028 | $0.00 | -- |
| Exercise | Restricted Stock Units | 4,952 | $0.00 | -- |
| Exercise | Restricted Stock Units | 4,404 | $0.00 | -- |
| Exercise | Common Stock | 14,384 | $0.00 | -- |
| Tax Withholding | Common Stock | 6,308 | $28.84 | $182K |
Footnotes (1)
- Restricted stock units convert into common stock on a one-for-one basis. The award has no expiration date and is fully vested. The remaining portion of this award has no expiration date and will vest on December 31, 2026. The remaining portion of this award has no expiration date and will vest as to thirty-three percent (33%) of the original award amount on December 31, 2026 and thirty-four percent (34%) of the original award amount on December 31, 2027.
FAQ
What insider transaction did InvenTrust Properties Corp. (IVT) report?
An executive vice president, chief financial officer and treasurer reported acquiring 14,384 shares of common stock on December 31, 2025 through the conversion of restricted stock units.
What restricted stock unit (RSU) activity was reported for InvenTrust (IVT)?
Restricted stock units converted into common stock on a one-for-one basis, including awards of 5,028, 4,952, and 4,404 units, each underlying the same number of common shares.
Do any InvenTrust (IVT) restricted stock units remain unvested after this transaction?
Yes. One award’s remaining portion has no expiration date and will vest on December 31, 2026, while another will vest 33% of the original award amount on December 31, 2026 and 34% on December 31, 2027.
What does the "M" transaction code indicate in the InvenTrust (IVT) insider filing?
In the report, the "M" transaction code is used for the exercise or conversion of derivative securities, here reflecting restricted stock units converting into common stock.