InvenTrust (IVT) director granted 4,352 RSUs and exercises 4,372 units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
InvenTrust Properties Corp. director Julie Swinehart reported compensation-related equity activity. She exercised 4,372 Restricted Stock Units into 4,372 shares of common stock, leaving her with 4,372 common shares held directly.
She also received a new grant of 4,352 Restricted Stock Units, each representing a contingent right to one share of common stock under the company’s 2015 Incentive Award Plan. According to the terms, one RSU grant vests in full on May 5, 2026, while another vests on the earlier of the next annual stockholders’ meeting or the first anniversary of the grant, with provisions for 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
Swinehart Julie
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 — 4,372 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
Common shares acquired: 4,372 shares
New RSU grant: 4,352 RSUs
Shares held after transaction: 4,372 shares
+1 more
4 metrics
Common shares acquired
4,372 shares
Shares received from RSU exercise on May 5, 2026
New RSU grant
4,352 RSUs
Grant reported for director on May 5, 2026
Shares held after transaction
4,372 shares
Direct common stock holdings following reported transactions
RSU-to-share ratio
1 RSU : 1 share
Each RSU converts into one share under 2015 Incentive Award Plan
Key Terms
Restricted Stock Units, Incentive Award Plan, change in control
3 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
"subject to 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.
FAQ
What equity transactions did IVT director Julie Swinehart report on this Form 4?
Julie Swinehart reported exercising 4,372 Restricted Stock Units into 4,372 shares of InvenTrust common stock and receiving a new grant of 4,352 Restricted Stock Units. These transactions reflect compensation-related equity awards rather than open-market share purchases or sales.
What are the terms of the 4,352 Restricted Stock Units granted to the IVT director?
Each of the 4,352 Restricted Stock Units represents a contingent right to receive one InvenTrust common share under the 2015 Incentive Award Plan. The RSUs vest on the earlier of the next annual stockholders’ meeting or the first anniversary of the grant date, subject to continued board service.
When do the RSUs reported by InvenTrust (IVT) director vest according to the filing?
One set of RSUs vests in full on May 5, 2026, the date of InvenTrust’s 2026 annual stockholders’ meeting. Another set vests on the earlier of the next annual stockholders’ meeting or the first anniversary of the grant, if the director’s service continues through that vesting date.
Do the InvenTrust (IVT) Restricted Stock Units include accelerated vesting provisions?
Yes. The RSUs are subject to accelerated vesting if the director’s service ends due to death or disability, or upon a change in control of InvenTrust. Upon vesting, the RSUs will be settled in shares of the company’s common stock, generally within 60 days.