DiGiovanni Jeffrey 4

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.