4Filed Sep 1, 8:00 PM ET
Innovative Solutions & Support CEO Shahram Askarpour Sells 1,159 Shares
$IA · INNOVATIVE SOLUTIONS & SUPPORT INCResearch Summary
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Innovative Solutions & Support CEO Shahram Askarpour Sells 1,159 Shares
What Happened Shahram Askarpour, CEO of Innovative Solutions & Support Inc. (IA), had 1,159 shares of common stock disposed (withheld) to satisfy tax obligations tied to the vesting of restricted stock units. The shares were withheld at an effective price of $19.00 per share, totaling $22,021. This was a withholding for taxes (code F), not an open-market sale.
Key Details
- Transaction date: 2026-08-31; Filing date: 2026-09-02.
- Shares withheld/disposed: 1,159 at $19.00 each; total value $22,021.
- Transaction code: F (shares withheld to satisfy tax obligations).
- Footnote: These shares were withheld by the issuer to satisfy the reporting person's tax obligations in connection with the vesting of restricted stock units (F1).
- Shares owned after the transaction: not specified in the provided filing.
- Filing timeliness: filing date provided; the report does not indicate a late filing.
Context This transaction reflects routine tax withholding when restricted stock units vest (a common executive compensation event). Because the shares were withheld by the company to cover taxes rather than sold on the open market, this action is generally not a directional signal about the CEO’s view of the stock.