InvenTrust director receives stock and RSU awards
InvenTrust Properties Corp. director Julian E. Whitehurst reported routine equity compensation changes.
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.
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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
Incentive Award Plan financial
change in control financial
annual meeting of stockholders regulatory
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