InvenTrust EVP gets stock award, surrenders shares
InvenTrust Properties Corp. EVP Lauren Suva reported routine equity compensation activity.
Rhea-AI Filing Summary
InvenTrust Properties Corp. EVP Lauren Suva reported routine equity compensation activity. She received 10,354 shares of common stock at no cost as a performance share award, after the company met Total Shareholder Return goals versus the FTSE Nareit Equity Shopping Center Index for the period from January 1, 2023 to December 31, 2025.
On the same date, 4,476 shares were surrendered back to InvenTrust at $30.90 per share to satisfy tax withholding obligations tied to the vesting of performance-based restricted stock units, rather than being sold on the open market. Following these transactions, Suva holds 28,376 shares of common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 10,354 | $0.00 | $0.00 |
| Disposition | Common Stock | 4,476 | $30.90 | $138K |
Footnotes (2)
- F1. The amount represents shares acquired as a result of the Issuer having met certain performance criteria based on its Total Shareholder Return ("TSR") relative to the FTSE Nareit Equity Shopping Center Index for the performance period from January 1, 2023 and ending on December 31, 2025, pursuant to the reporting person's grant of Performance Shares on February 22, 2023.
- F2. Reflects shares of common stock surrendered to the Issuer to satisfy tax withholding obligations in connection with the vesting of performance-based restricted stock units.
FAQ
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What insider transactions did InvenTrust Properties (IVT) EVP Lauren Suva report?
Were the InvenTrust (IVT) insider transactions open-market buys or sells?
Does the InvenTrust (IVT) Form 4 indicate option exercises or derivative trades?
AI-generated analysis. How Rhea-AI works. Not financial advice.