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InvenTrust (IVT) EVP receives stock award, surrenders shares for taxes

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

Rhea-AI Filing Summary

InvenTrust Properties Corp. executive David Christy Lynn, EVP, COO, GC & Secretary, reported compensation-related stock movements. He acquired 64,112 shares of common stock at $0.00 per share as a grant after the company met performance criteria tied to Total Shareholder Return versus the FTSE Nareit Equity Shopping Center Index for the period from January 1, 2023 to December 31, 2025. On the same date, he surrendered 28,342 shares back to the company at $30.90 per share to cover tax withholding on vesting performance-based restricted stock units. After these transactions, he directly held 133,684 shares of common stock, reflecting routine equity compensation and tax withholding rather than open-market trading.

Positive

  • None.

Negative

  • None.

Insights

Routine performance-based equity vesting with tax withholding, no open-market trading.

InvenTrust Properties Corp. granted EVP David Christy Lynn 64,112 common shares at $0.00 per share as performance shares. The award reflects the issuer meeting Total Shareholder Return goals versus the FTSE Nareit Equity Shopping Center Index over the period from January 1, 2023 to December 31, 2025.

He simultaneously surrendered 28,342 shares to the issuer at $30.90 per share to satisfy tax withholding on vesting performance-based restricted stock units. This is a mechanical tax event, not an open-market sale, and does not indicate discretionary selling pressure.

Following these transactions, Lynn directly owned 133,684 common shares. With no derivative positions reported in this filing, the visible activity centers on long-term incentive compensation tied to multi-year TSR outcomes, rather than short-term trading decisions.

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*
David Christy Lynn

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP, COO, GC & Sec.
3. Date of Earliest Transaction (Month/Day/Year)
03/06/2026
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
Common Stock 03/06/2026 A 64,112(1) A $0(1) 162,026 D
Common Stock 03/06/2026 D 28,342(2) D $30.9 133,684 D
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
Explanation of Responses:
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.
2. 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.
Remarks:
/s/ Daniel J. Busch, Attorney in Fact 03/10/2026
** 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 transactions did David Christy Lynn report for InvenTrust Properties (IVT)?

David Christy Lynn reported two transactions: a grant of 64,112 InvenTrust common shares at $0.00 per share, and the surrender of 28,342 shares back to the company at $30.90 per share to cover tax withholding on vested performance-based restricted stock units.

Were David Christy Lynn’s InvenTrust (IVT) stock transactions open-market buys or sells?

The transactions were not open-market trades. Lynn received 64,112 shares as a performance-based equity award, then surrendered 28,342 shares to the issuer solely to satisfy tax withholding obligations tied to vesting performance-based restricted stock units, a routine compensation and tax event.

What performance criteria triggered David Christy Lynn’s 64,112-share award at InvenTrust (IVT)?

The 64,112-share award resulted from InvenTrust meeting performance criteria based on Total Shareholder Return relative to the FTSE Nareit Equity Shopping Center Index over a period from January 1, 2023 through December 31, 2025, pursuant to a previously granted performance share award.

How many InvenTrust (IVT) shares does David Christy Lynn own after these Form 4 transactions?

After the reported transactions, David Christy Lynn directly owns 133,684 shares of InvenTrust common stock. This balance reflects the addition of 64,112 performance-based shares and the surrender of 28,342 shares to cover tax withholding on vesting restricted stock units.

Why did David Christy Lynn surrender 28,342 InvenTrust (IVT) shares to the issuer?

He surrendered 28,342 shares of InvenTrust common stock back to the issuer to satisfy tax withholding obligations associated with the vesting of performance-based restricted stock units. Such surrenders are a common, non-market mechanism for paying taxes on equity compensation.
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