InvenTrust (IVT) director reports common stock gain and new RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
InvenTrust Properties Corp. director Julian E. Whitehurst reported routine equity compensation changes. He exercised previously granted Restricted Stock Units (RSUs) into 4,372 shares of common stock, bringing his direct common stock holdings to 34,552 shares after the transaction.
He also received a new grant of 4,352 RSUs. Each RSU represents a contingent right to one share of InvenTrust common stock under the company’s 2015 Incentive Award Plan. According to the plan terms, these RSUs vest in full on May 5, 2026, and will be settled in shares of common stock after vesting, with provisions for earlier vesting upon certain 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
WHITEHURST JULIAN E
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 — 34,552 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 via RSU exercise: 4,372 shares
Common stock held after transactions: 34,552 shares
New RSU grant size: 4,352 RSUs
+2 more
5 metrics
Common shares acquired via RSU exercise
4,372 shares
RSUs converted to common stock on May 5, 2026
Common stock held after transactions
34,552 shares
Direct holdings following RSU exercise
New RSU grant size
4,352 RSUs
Award under 2015 Incentive Award Plan
RSU vesting date
May 5, 2026
Full vesting aligned with 2026 annual 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, annual meeting of stockholders
4 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 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.
annual meeting of stockholders regulatory
"vest in full on May 5, 2026, the date of the Issuer's 2026 annual meeting of stockholders"