InvenTrust director exercises 4,372 units, gets RSUs
InvenTrust Properties Corp. director Julie Swinehart reported compensation-related equity activity.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,372 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 4,352 | $0.00 | $0.00 |
| Exercise | Common Stock | 4,372 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. 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
Key Terms
Restricted Stock Units financial
Incentive Award Plan financial
change in control financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity transactions did IVT director Julie Swinehart report on this Form 4?
What are the terms of the 4,352 Restricted Stock Units granted to the IVT director?
When do the RSUs reported by InvenTrust (IVT) director vest according to the filing?
Do the InvenTrust (IVT) Restricted Stock Units include accelerated vesting provisions?
AI-generated analysis. How Rhea-AI works. Not financial advice.