InvenTrust (IVT) director Smita Shah exercises RSUs and receives new grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
InvenTrust Properties Corp. director Smita Shah reported compensation-related equity activity. On May 5, 2026, she exercised 4,372 Restricted Stock Units into the same number of common shares, bringing her direct common stock holdings to 16,444 shares.
On the same date, she also received a new grant of 4,352 Restricted Stock Units under the InvenTrust Properties Corp. 2015 Incentive Award Plan. According to the award terms, these RSUs vest in full on May 5, 2026 or at the next annual stockholders’ meeting and will be settled in common shares after vesting, with accelerated vesting upon death, disability, or a change in control.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,372 shares exercised/converted
Mixed
3 txns
Insider
Shah Smita
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,372 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 4,352 | $0.00 | -- |
| Exercise | Common Stock | 4,372 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 16,444 shares (Direct, null)
Footnotes (1)
- Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock pursuant to the InvenTrust Properties Corp. 2015 Incentive Award Plan, as amended. The RSUs vest in full on May 5, 2026, the date of the Issuer's 2026 annual meeting of stockholders. Each RSU represents a contingent right to receive one share of the Issuer's common stock pursuant to the InvenTrust Properties Corp. 2015 Incentive Award Plan, as amended. The RSUs vest on the earlier of (i) the date of the next annual meeting of the Issuer's stockholders following the grant date or (ii) the first anniversary of the grant date, subject to the director's continued service on the vesting date. The RSUs are subject to accelerated vesting in the event of a termination of service due to death or disability or a change in control of the Issuer. The RSUs will be settled in shares of the Issuer's common stock within 60 days after the vesting date (or in the event of a change in control of the Issuer, immediately preceding and effective upon such change in control).
Key Figures
RSUs exercised: 4,372 units
New RSU grant: 4,352 units
Common shares held: 16,444 shares
+2 more
5 metrics
RSUs exercised
4,372 units
Exercised into common stock on May 5, 2026
New RSU grant
4,352 units
Granted on May 5, 2026 under 2015 Incentive Award Plan
Common shares held
16,444 shares
Direct holdings after transactions
Underlying common per RSU
1 share per unit
Each RSU represents one InvenTrust common share
RSU vesting date
May 5, 2026
Full vesting date for one RSU grant
Key Terms
Restricted Stock Unit ("RSU"), InvenTrust Properties Corp. 2015 Incentive Award Plan, change in control, termination of service
4 terms
Restricted Stock Unit ("RSU") financial
"Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share..."
InvenTrust Properties Corp. 2015 Incentive Award Plan financial
"pursuant to the InvenTrust Properties Corp. 2015 Incentive Award Plan, as amended."
change in control financial
"subject to accelerated vesting in the event of ... a change in control of the Issuer."
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
termination of service financial
"accelerated vesting in the event of a termination of service due to death or disability..."
FAQ
What insider transactions did InvenTrust (IVT) director Smita Shah report?
Smita Shah reported equity compensation activity, not open-market trades. She exercised 4,372 Restricted Stock Units into common stock and received a new grant of 4,352 Restricted Stock Units, all held directly as part of her director compensation package.
What new RSU award did Smita Shah receive from InvenTrust (IVT)?
She received a grant of 4,352 Restricted Stock Units under the InvenTrust Properties Corp. 2015 Incentive Award Plan. Each RSU represents a contingent right to one common share, subject to vesting conditions tied to board service and potential accelerated vesting events.
When do Smita Shah’s new InvenTrust (IVT) RSUs vest and settle?
The RSUs vest on May 5, 2026, or earlier at the next annual stockholders’ meeting or first anniversary of grant. Once vested, they are scheduled to be settled in common shares within 60 days, or immediately before an applicable change in control.
Are Smita Shah’s InvenTrust (IVT) RSUs subject to accelerated vesting?
Yes. The Restricted Stock Units may vest earlier if her service ends due to death or disability, or if a change in control of InvenTrust occurs. In a change in control, the RSUs are settled in common stock immediately before and effective upon that event.