DiGiovanni Jeffrey 4

What Happened

• Jeff DiGiovanni, Chief Financial Officer of Innovative Solutions & Support, had 474 shares of common stock withheld by the company to satisfy tax obligations tied to the vesting of restricted stock units (RSUs). The withholding was recorded at $16.26 per share, for a total value of $7,707. This is a tax-withholding disposal (routine), not an open-market sale or purchase.

Key Details

• Transaction date and price: 2026-05-18; 474 shares withheld at $16.26 per share.
• Total value: approximately $7,707.
• Transaction code: F (shares withheld to satisfy tax obligations).
• Footnote: F1 — shares were withheld by the issuer to satisfy the reporting person's tax obligations in connection with RSU vesting.
• Shares owned after transaction: not specified in the filing.
• Filing timeliness: Reported on 2026-05-20 for a 2026-05-18 transaction — appears timely (no late filing indicated).

Context

• Share withholding to cover taxes upon RSU vesting is a common administrative action and typically does not signal insider sentiment about the company’s stock. This was effectively a cashless tax withholding, not an open-market sale.