BRESSNER GLEN R 4
Research Summary
AI-generated summary
Innovative Solutions (ISSC) Director Glen R. Bressner Receives 6,300 Shares
What Happened
Glen R. Bressner, a director of Innovative Solutions & Support, Inc. (ISSC), received 6,300 shares as an award/other acquisition (transaction code A) on 2026-05-20. The filing reports a weighted-average price of $15.93 per share, for a total reported value of $100,381. This is an acquisition (receipt of shares), which is generally viewed as a purchase/positive insider buy signal, though filings do not state the insider’s motives.
Key Details
- Transaction date: 2026-05-20; Form 4 filed: 2026-05-21 (filed the next day). Appears timely (Form 4s are typically due within two business days).
- Shares received: 6,300; weighted-average price reported: $15.93; total value reported: $100,381.
- Footnote: the $15.93 is a weighted average. Shares were acquired in multiple transactions at prices ranging from $15.88 to $15.95. The reporting person will provide a breakdown of the counts at each price on request.
- Shares owned after the transaction: not disclosed in the provided excerpt of the filing.
- Transaction type: Code A — award/grant or other acquisition (not a sale or exercise).
Context
Code A typically indicates a company grant or other acquisition of shares rather than an open-market buy or option exercise. The filing does not state whether shares are restricted, subject to vesting, or were immediately sold, so you should not infer liquidity. This is an insider acquisition by a director, which retail investors often view as a more informative signal than routine sales, but it does not by itself prove future stock performance.