InvenTrust Properties (IVT) director gains shares through RSU exercise and new award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
InvenTrust Properties Corp. director Stuart Aitken reported equity compensation activity involving Restricted Stock Units (RSUs) and common stock. On May 5, 2026, he exercised RSUs covering 4,372 shares of common stock, increasing his direct common stock holdings to 28,885 shares.
On the same date, he also received a new award of 4,352 RSUs, each representing a contingent right to one share of common stock under the InvenTrust Properties Corp. 2015 Incentive Award Plan. According to the award terms, these RSUs vest in full on May 5, 2026 or on the company’s next annual stockholder meeting schedule, and may vest earlier upon specified events such as death, disability, or a change in control.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,372 shares exercised/converted
Mixed
3 txns
Insider
Aitken Stuart
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 — 28,885 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 into common stock: 4,372 shares
Common shares held after transactions: 28,885 shares
New RSU grant: 4,352 RSUs
+2 more
5 metrics
RSUs exercised into common stock
4,372 shares
Converted from RSUs to common stock on May 5, 2026
Common shares held after transactions
28,885 shares
Direct ownership after May 5, 2026 Form 4 activity
New RSU grant
4,352 RSUs
Award under 2015 Incentive Award Plan on May 5, 2026
RSU vesting date
May 5, 2026
Full vesting aligned with 2026 annual stockholders meeting
RSU-to-share ratio
1 RSU = 1 share
Each RSU represents one share of common stock
Key Terms
Restricted Stock Units, Incentive Award Plan, change in control, vesting date, +1 more
5 terms
Restricted Stock Units financial
"Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Incentive Award Plan financial
"pursuant to the InvenTrust Properties Corp. 2015 Incentive Award Plan, as amended"
An incentive award plan is a formal program that rewards employees, executives, or directors with cash, stock, options, or other pay when the company meets set goals or performance targets. Like a sales commission or a loyalty program that pays out when you hit milestones, it’s designed to align staff behavior with company objectives; investors care because it affects a company’s costs, share count (dilution), leadership incentives, and long-term value creation.
change in control financial
"accelerated vesting in the event of a termination of service due to death or disability or a change in control"
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.
vesting date financial
"subject to the director's continued service on the vesting date"
contingent right financial
"represents a contingent right to receive one share of the Issuer's common stock"
FAQ
What insider transactions did IVT director Stuart Aitken report?
Stuart Aitken reported exercising Restricted Stock Units into 4,372 shares of InvenTrust Properties common stock and receiving a new grant of 4,352 RSUs. These transactions are equity compensation events, not open-market purchases or sales of IVT shares.
What RSU award did IVT grant to director Stuart Aitken?
InvenTrust Properties granted Stuart Aitken 4,352 Restricted Stock Units, each representing a contingent right to one common share. The award was issued under the company’s 2015 Incentive Award Plan as amended, as reported in the Form 4 filing.
When do Stuart Aitken’s new IVT Restricted Stock Units vest?
The new 4,352 RSUs vest in full on May 5, 2026, the date of InvenTrust Properties’ 2026 annual stockholders meeting. They may also vest earlier upon death, disability, or a qualifying change in control of the company, subject to continued director service.
Are Stuart Aitken’s IVT RSUs settled in cash or stock?
Stuart Aitken’s Restricted Stock Units are settled in shares of InvenTrust Properties common stock. Settlement occurs within 60 days after the vesting date, or immediately before and effective upon a qualifying change in control, according to the RSU terms.