DiGiovanni Jeffrey 4/A

What Happened
Jeffrey DiGiovanni, Chief Financial Officer of Innovative Solutions & Support, was granted equity awards on February 17, 2026. The grant includes 9,455 restricted stock units (RSUs) valued at $19.83 each (total ~$187,493), plus 16,108 performance stock units (PSUs) and 21,307 non‑qualified stock option units reported as derivative awards (both shown at $0 acquisition price). This is an award/grant (code A), not a sale — it reflects compensation/long‑term incentives rather than an open‑market purchase.

Key Details

• Transaction date: February 17, 2026; initial Form 4 was filed Feb 19, 2026 and amended May 1, 2026 to correct PSU count (per footnote F3).
• Reported items:
  • 9,455 RSUs @ $19.83 → reported value ~$187,493 (acquired)
  • 16,108 PSUs @ $0.00 → derivative (performance‑based)
  • 21,307 stock option units @ $0.00 → derivative (non‑qualified option)
• Vesting/conditions:
  • RSUs vest 1/4 after one year, then 1/12 quarterly thereafter, subject to continued employment (F1).
  • Options vest on the same 1/4 then 1/12 schedule (F2).
  • PSUs vest only if specified share‑price targets are reached (F4).
• Shares owned after transaction: not specified in the supplied filing details.
• Filing status: This report is an amendment to the Feb 19, 2026 Form 4 to correct the number of PSUs (F3).

Context
These grants are standard executive compensation and vest over time or upon performance targets; they do not indicate an immediate purchase or sale of shares. For retail investors, purchases are often more directly informative than grants, but awards can matter long term because they align executive pay with stock performance. The amendment corrects previously understated PSU counts — check future Form 4s for vesting and any subsequent exercises or sales.