InvenTrust (NYSE: IVT) director granted 4,352 RSUs and exercises 4,372
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,372 shares exercised/converted
Mixed
3 txns
Insider
Saban Paula
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 — 35,149 shares (Indirect, Through the Paula J. Saban Living Trust)
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 Stock held indirectly after transaction: 35,149 shares
New RSU grant: 4,352 RSUs
+2 more
5 metrics
RSUs exercised into Common Stock
4,372 shares
Exercise of Restricted Stock Units into Common Stock on May 5, 2026
Common Stock held indirectly after transaction
35,149 shares
Shares of Common Stock held through the Paula J. Saban Living Trust after transactions
New RSU grant
4,352 RSUs
Restricted Stock Units granted under 2015 Incentive Award Plan on May 5, 2026
RSUs outstanding after grant
4,352 RSUs
Total Restricted Stock Units directly held by Paula Saban following the reported transactions
RSU vesting date
May 5, 2026
Date when the 4,352 granted RSUs vest in full, aligned with 2026 annual meeting
Key Terms
Restricted Stock Units, InvenTrust Properties Corp. 2015 Incentive Award Plan, change in control, contingent right
4 terms
Restricted Stock Units financial
"Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock"
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.
InvenTrust Properties Corp. 2015 Incentive Award Plan financial
"pursuant to the InvenTrust Properties Corp. 2015 Incentive Award Plan, as amended"
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 of the Issuer"
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.
contingent right financial
"Each RSU represents a contingent right to receive one share of the Issuer's common stock"
FAQ
What insider transactions did Paula Saban report for InvenTrust (IVT)?
Paula Saban reported exercising 4,372 Restricted Stock Units into Common Stock and receiving a grant of 4,352 new RSUs. The exercised shares are now held indirectly through her living trust, while the new RSUs represent additional contingent rights to future InvenTrust common shares.
What RSU grant did Paula Saban receive from InvenTrust (IVT)?
Paula Saban received a grant of 4,352 Restricted Stock Units under the InvenTrust Properties Corp. 2015 Incentive Award Plan. Each RSU represents a contingent right to one share of Common Stock, adding to her long-term, stock-based compensation as a member of the company’s board.
When do Paula Saban’s newly granted RSUs in InvenTrust (IVT) vest?
The newly granted 4,352 RSUs vest in full on May 5, 2026, the date of InvenTrust’s 2026 annual stockholder meeting. Vesting remains subject to her continued board service, with accelerated vesting possible upon death, disability, or a qualifying change in control of the company.
How will Paula Saban’s InvenTrust (IVT) RSUs be settled after vesting?
Once vested, Paula Saban’s RSUs will be settled in shares of InvenTrust Common Stock within 60 days after the vesting date. If there is a qualifying change in control, settlement occurs immediately before and effective upon that event, converting the vested RSUs into actual shares.
Are Paula Saban’s InvenTrust (IVT) transactions open-market buys or sales?
The reported transactions are not open-market buys or sales. They consist of a grant of 4,352 Restricted Stock Units as compensation and an exercise of 4,372 RSUs into Common Stock, reflecting internal equity awards rather than discretionary trading of InvenTrust shares in the market.