DiGiovanni Jeffrey 4

What Happened Jeffrey DiGiovanni, Chief Financial Officer of Innovative Solutions & Support Inc. (ISSC), had 910 shares of common stock withheld on 2026-06-30 to satisfy tax obligations related to the vesting of restricted stock units. The shares were recorded at $18.00 each for a total value of $16,380. This transaction is a tax-withholding disposition (not an open-market sale or a purchase).

Key Details

• Transaction date and price: 2026-06-30; 910 shares at $18.00 each (total $16,380).
• Transaction type/code: Tax withholding to satisfy tax obligations on RSU vesting (code F; disposition).
• Footnote: F1 — shares were withheld by the issuer to satisfy the reporting person's tax obligations in connection with the vesting of restricted stock units.
• Filing date: Form 4 filed 2026-07-06. This filing appears to have been submitted several days after the transaction (Form 4s are generally required within two business days), which may constitute a late filing.
• Shares owned after transaction: Not specified in the summary provided — see the full Form 4 for post-transaction holdings.

Context Withholding shares to cover taxes on vested RSUs is a routine administrative action (a cashless settlement) and is not the same as an insider selling shares on the open market. Such transactions typically do not signal a change in the insider’s view of the company; they simply satisfy tax withholding requirements when equity awards vest. For a complete picture of insider activity, check the full Form 4 and recent filings for any patterns of buying or selling.