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InvenTrust (NYSE: IVT) grants CEO Daniel Busch 42,024 RSUs

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Busch Daniel reported acquisition or exercise transactions in this Form 4 filing.

InvenTrust Properties Corp. director and President & C.E.O. Daniel Busch received a grant of 42,024 Restricted Stock Units (RSUs) under the company’s 2015 Incentive Award Plan. After this award, he holds 82,140 RSUs directly.

According to the grant terms, 33% of these RSUs will vest on December 31, 2026, another 33% will vest on December 31, 2027, and the remaining 34% will vest on December 31, 2028. Vesting may accelerate if his employment ends under specified conditions following a change in control, and vested RSUs will be settled in shares of common stock within 60 days after each vesting date.

Positive

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Busch Daniel

(Last) (First) (Middle)
3025 HIGHLAND PARKWAY
SUITE 350

(Street)
DOWNERS GROVE IL 60515

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
InvenTrust Properties Corp. [ IVT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
President & C.E.O.
3. Date of Earliest Transaction (Month/Day/Year)
02/18/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (1) 02/18/2026 A 42,024 (1) (1) Common Stock 42,024 $0 82,140 D
Explanation of Responses:
1. Reflects an award of Restricted Stock Units ("RSUs") in the Issuer pursuant to the InvenTrust Properties Corp. 2015 Incentive Award Plan, as amended. Thirty-three percent (33%) of these units will vest on December 31, 2026, thirty-three percent (33%) of these units will vest on December 31, 2027 and the remaining thirty-four percent (34%) of these units will vest on December 31, 2028, subject to accelerated vesting in the event of a termination of employment (i) due to death or disability or (ii) by the Issuer without cause or by the holder for good reason, each within 24 months following 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.
Remarks:
/s/ Christy L. David, Attorney in Fact 02/20/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did IVT report for Daniel Busch on this Form 4?

InvenTrust Properties Corp. reported that President & C.E.O. Daniel Busch received a grant of 42,024 Restricted Stock Units. These RSUs were awarded under the company’s 2015 Incentive Award Plan and increase his directly held RSU balance to 82,140 units following the transaction.

How many Restricted Stock Units did IVT’s CEO receive and what is his new total?

Daniel Busch received 42,024 Restricted Stock Units from InvenTrust Properties Corp. following this grant. After the award, his directly held RSU balance totals 82,140 units, reflecting equity-based compensation rather than an open-market stock purchase or sale by the executive.

What is the vesting schedule for the 42,024 RSUs granted by IVT?

The 42,024 RSUs granted by InvenTrust Properties Corp. vest over three dates. Thirty-three percent vests on December 31, 2026, another thirty-three percent on December 31, 2027, and the remaining thirty-four percent on December 31, 2028, subject to specified accelerated vesting conditions.

Under what conditions can the IVT CEO’s RSUs vest early after a change in control?

The RSUs may vest early if Daniel Busch’s employment terminates within 24 months after a change in control. Acceleration can occur upon death, disability, termination by the company without cause, or resignation for good reason, according to the award’s disclosed vesting terms.

How will the InvenTrust Properties Corp. RSUs granted to Daniel Busch be settled?

The Restricted Stock Units granted to Daniel Busch will be settled in shares of InvenTrust Properties Corp.’s common stock. Settlement occurs within 60 days after each vesting date, meaning actual common shares are issued as the RSUs vest over the disclosed schedule.
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