ISSC CFO Jeffrey DiGiovanni Receives Performance Stock Award

What Happened
Jeffrey DiGiovanni, Chief Financial Officer of Innovative Solutions & Support Inc. (ISSC), was granted 21,793 performance stock units (PSUs) on 2026-07-14. The grant is recorded at $0.00 per unit (derivative award), so there was no cash purchase or sale. These PSUs represent contingent rights to receive common shares if performance conditions are met.

Key Details

• Transaction date: 2026-07-14; Form 4 filed 2026-07-15 (timely filing).
• Award: 21,793 Performance Stock Units (code A — award/grant); reported acquisition price $0.00 (derivative).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnote: Each PSU represents a contingent right to one share; PSUs vest in equal tranches on the first, second and third anniversaries of the grant date, subject to the issuer’s common stock achieving specified per‑share prices.
• No 10b5-1, tax-withholding, or sale noted in this transaction.

Context
This was an equity compensation award, not an open‑market purchase or sale. PSUs are contingent — they only convert to actual shares if stock‑price thresholds and vesting schedule are met — so they do not represent immediate share ownership or proceeds. Awards are common components of executive compensation and should be interpreted as part of pay, not a direct buy/sell signal.