Askarpour Shahram 4

What Happened Shahram Askarpour, CEO of Innovative Solutions & Support Inc. (ISSC), was granted 68,966 Performance Stock Units (PSUs) on July 14, 2026. The grant is recorded as an acquisition (code A) of a derivative instrument at $0.00 per unit (reported value $0) — this is an award, not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-07-14. Form 4 filed: 2026-07-15 (timely).
• Transaction type/code: Grant of Performance Stock Units (derivative) — code A.
• Quantity and price: 68,966 PSUs; reported acquisition price $0.00; reported value $0.
• Shares owned after transaction: Not specified in the provided excerpt of the filing.
• Footnote: Each PSU represents a contingent right to receive one share of common stock; vesting occurs in equal tranches on each of the first, second and third anniversaries of the grant date, subject to specified stock price targets (see footnote F1).
• No indication of a sale, tax withholding, 10b5-1 plan, or late filing in the provided details.

Context PSUs are performance‑based equity awards: they do not provide immediate shares or cash and only convert to shares if performance and vesting conditions are met. Such grants are common for executive compensation and retention; they are not direct market buys or sells and therefore do not by themselves signal immediate insider trading activity.