IVT CEO gets performance shares, surrenders for taxes
InvenTrust Properties Corp. President and CEO Daniel Busch reported routine equity compensation changes involving common stock.
Rhea-AI Filing Summary
InvenTrust Properties Corp. President and CEO Daniel Busch reported routine equity compensation changes involving common stock. He received a grant of 135,391 shares at no cost after the company met total shareholder return performance criteria for the period from January 1, 2023 through December 31, 2025. To cover tax withholding tied to vesting of performance-based restricted stock units, he surrendered 59,920 shares back to the company at $30.90 per share. After these transactions, Busch directly holds 238,963 common shares, reflecting a net increase in his ownership from the performance award.
Positive
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 135,391 | $0.00 | $0.00 |
| Disposition | Common Stock | 59,920 | $30.90 | $1.85M |
Footnotes (2)
- F1. The amount represents shares acquired as a result of the Issuer having met certain performance criteria based on its Total Shareholder Return ("TSR") relative to the FTSE Nareit Equity Shopping Center Index for the performance period from January 1, 2023 and ending on December 31, 2025, pursuant to the reporting person's grant of Performance Shares on February 22, 2023.
- F2. Reflects shares of common stock surrendered to the Issuer to satisfy tax withholding obligations in connection with the vesting of performance-based restricted stock units.
FAQ
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What insider transactions did IVT CEO Daniel Busch report on March 6, 2026?
Were the IVT CEO’s March 2026 transactions open-market purchases or sales?
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