DiGiovanni Jeffrey 4

4 · INNOVATIVE SOLUTIONS & SUPPORT INC · Filed Feb 19, 2026

AI-generated summary of this filing

Updated Feb 19, 2026

Innovative Solutions (ISSC) CFO Jeffrey DiGiovanni Receives Awards

What Happened

Jeffrey DiGiovanni, Chief Financial Officer of Innovative Solutions & Support, was granted equity awards on February 17, 2026. The filing reports three acquisitions (code A): 9,455 RSUs, a non‑qualified stock option covering 16,108 shares, and 9,455 performance stock units — a total of 35,018 award units. All were reported at $0.00 price because these are grants/awards rather than open‑market purchases.

Key Details

Transaction date: 2026-02-17; Form 4 filed 2026-02-19 (timely within typical 2 business days).
Grants (total units): 9,455 RSUs; 16,108 stock option units; 9,455 PSUs — summed = 35,018.
Reported price: $0.00 (standard for awards/grants).
Shares owned after transaction: not specified in the provided filing excerpt.
Grant plan: Awards made under the Company's 2019 Stock‑Based Incentive Compensation Plan.
Relevant footnotes:
- F1 (RSUs): Each RSU converts to one share; vesting = 1/3 on first anniversary, then 1/8 each quarterly thereafter, subject to continued employment.
- F2 (Option): Non‑qualified stock option; vesting = 1/4 on first anniversary, then 1/12 each quarterly thereafter, subject to continued employment.
- F3 (PSUs): Each PSU can convert to one share if specified share‑price performance targets are met; vests in equal tranches on each of the first, second and third anniversaries of grant, subject to price goals.

Context

These are grant awards, not purchases or sales — RSUs and PSUs do not convert into shares until vesting conditions are met; the option will only result in shares if exercised later.
PSUs are performance‑contingent: payout depends on future stock‑price thresholds, so they may not result in shares unless targets are achieved.
Grants are common as part of executive compensation and do not by themselves indicate immediate buying or selling activity.

Form 4

Period: 2026-02-17

Chief Financial Officer

Transactions

Award
Restricted Stock Units
[F1]
2026-02-17+9,455→ 92,205 total
Award
Non-Qualified Stock Option (Right to Buy)
[F2]
2026-02-17+16,108→ 16,108 total
Exercise: $19.83Exp: 2036-02-17→ Common Stock (16,108 underlying)
Award
Performance Stock Units
[F3]
2026-02-17+9,455→ 9,455 total
Exp: 2036-02-17→ Common Stock (9,455 underlying)

Footnotes (3)

[F1]The RSUs were granted pursuant to the Company's 2019 Stock-Based Incentive Compensation Plan. Each RSU represents the right to receive one share of Common Stock, subject to adjustment as provided in the Award Agreement. The RSUs are scheduled to vest in accordance with the following schedule: 1/3rd on the first anniversary of the grant date and 1/8th on each quarterly anniversary of the grant date thereafter, subject to continued employment by the reporting person.
[F2]The non-qualified stock option was granted pursuant to the Company's 2019 Stock-Based Incentive Compensation Plan. The option is scheduled to vest in accordance with the following schedule: 1/4th on the first anniversary of the grant date and 1/12th on each quarterly anniversary of the grant date thereafter, subject to continued employment by the reporting person.
[F3]Each Performance Stock Unit represents a contingent right to receive one share of issuer common stock. The Performance Stock Units vest in equal tranches on each of the first, second and third anniversary of the date of grant, subject to the issuer's common stock achieving specified prices per share.

Signature

/s/ Jeffrey DiGiovanni|2026-02-19

1 file