InvenTrust director awarded 4,352 RSUs
InvenTrust Properties Corp. director Paula Saban reported routine equity compensation and an option-like exercise.
Rhea-AI Filing Summary
InvenTrust Properties Corp. director Paula Saban reported routine equity compensation and an option-like exercise. She exercised 4,372 Restricted Stock Units into Common Stock, which are now held indirectly through the Paula J. Saban Living Trust, bringing that trust’s holdings to 35,149 shares of Common Stock.
She was also granted 4,352 new Restricted Stock Units, each representing a right to receive one share of Common Stock. According to the plan terms, these RSUs vest in full on May 5, 2026, aligned with the company’s 2026 annual stockholder meeting, and will be settled in shares within a set period after vesting or immediately before a qualifying change in control.
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Negative
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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
InvenTrust Properties Corp. 2015 Incentive Award Plan financial
change in control financial
contingent right financial
FAQ
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What insider transactions did Paula Saban report for InvenTrust (IVT)?
What RSU grant did Paula Saban receive from InvenTrust (IVT)?
When do Paula Saban’s newly granted RSUs in InvenTrust (IVT) vest?
How will Paula Saban’s InvenTrust (IVT) RSUs be settled after vesting?
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