Askarpour Shahram 4

What Happened Shahram Askarpour, CEO of Innovative Solutions & Support Inc. (ISSC), had 906 shares of common stock withheld to satisfy tax obligations related to the vesting of restricted stock units. The shares were valued at $16.26 each, totaling approximately $14,732. This was a tax-withholding disposition (not an open-market sale) and is generally a routine administrative action tied to RSU vesting.

Key Details

• Transaction date: 2026-05-18; Form 4 filed: 2026-05-20 (appears timely under Form 4 rules).
• Action/type: Tax withholding to satisfy tax liability (transaction code F).
• Shares withheld/disposed: 906 at $16.26 per share; total value ≈ $14,732.
• Shares owned after transaction: not stated in the filing.
• Footnote: F1 — shares were withheld by the issuer to satisfy the reporting person's tax obligations in connection with the vesting of RSUs.

Context

• This was a tax-withholding on vested RSUs (cashless/withholding settlement), not an open-market sale, so it doesn't necessarily indicate the CEO's view of the company.
• Code F transactions are routine when restricted stock or RSUs vest and taxes are due.