IVT (IVT) CEO Daniel Busch earns performance shares, surrenders stock for tax withholding
Filing Impact
Filing Sentiment
Form Type
4
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
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Busch Daniel
Role
President & C.E.O.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 135,391 | $0.00 | -- |
| Disposition | Common Stock | 59,920 | $30.90 | $1.85M |
Holdings After Transaction:
Common Stock — 298,883 shares (Direct)
Footnotes (1)
- 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. 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
What insider transactions did IVT CEO Daniel Busch report on March 6, 2026?
Daniel Busch reported a grant of 135,391 InvenTrust Properties common shares and a surrender of 59,920 shares to the company for tax withholding. These are compensation-related entries rather than open-market trades, reflecting equity awards and associated tax obligations.
Were the IVT CEO’s March 2026 transactions open-market purchases or sales?
The reported transactions were not open-market trades. Busch received 135,391 shares as a performance-based award at no cost and surrendered 59,920 shares back to the issuer at $30.90 per share to cover tax withholding, a routine compensation-related disposition.