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INNOVATIVE SOLUTIONS & SUPPORT INC·4/A

May 1, 10:04 AM ET

Askarpour Shahram 4/A

Research Summary

AI-generated summary

Updated

ISSC CEO Shahram Receives Stock Awards Worth $400K

What Happened

  • Askarpour Shahram, CEO of Innovative Solutions & Support, received equity awards on February 17, 2026. The grants include 20,171 option-type awards with a reported per-share price of $19.83 (aggregate reported value $399,991), plus 34,364 restricted stock units (RSUs) and 45,455 performance stock units (PSUs). All three items are reported as "A" (award/grant); the RSUs and PSUs are recorded at $0 per share because they are derivative/contingent awards.
  • These are grants/compensation (not open-market purchases or sales) — awards are common for executives and do not by themselves indicate buying or selling of shares.

Key Details

  • Transaction date: February 17, 2026 (Form 4 filed and amended May 1, 2026).
  • Award breakdown:
    • 20,171 option-like awards @ $19.83 (aggregate reported $399,991).
    • 34,364 RSUs @ $0 (restricted stock units).
    • 45,455 PSUs @ $0 (performance stock units tied to stock-price targets).
  • Vesting notes:
    • RSUs vest 25% on the first anniversary, then 1/12th quarterly thereafter (subject to continued employment).
    • The non-qualified option award vests on a similar 1/4 then 1/12th quarterly schedule.
    • PSUs vest only if specified stock-price targets are met.
  • Filing status: This is an amended Form 4 (filed May 1, 2026) correcting the number of PSUs originally reported (see footnote).
  • Shares owned after the transaction: not specified in the excerpt provided.

Context

  • RSUs and PSUs are compensation that convert to actual shares only after vesting (RSUs on time-based schedule; PSUs on performance/price targets). The option-like award has a $19.83 strike/price and will vest over time per the disclosed schedule.
  • These awards are routine executive compensation rather than open-market insider buying or selling. Retail investors often watch PSUs because they depend on stock-price performance; monitor company updates for vesting/achievement disclosures.
  • The amended filing corrected the PSU count (clerical correction), so check the full SEC filing for complete detail and any additional disclosures.