Bryson David 4
Research Summary
AI-generated summary
InvenTrust (IVT) SVP Bryson David Receives 428 Shares via ESPP
What Happened
- Bryson David, SVP and Chief Accounting Officer of InvenTrust Properties Corp., acquired 428 shares under the company Employee Stock Purchase Plan (ESPP) on 2026-01-23 (reported on Form 4). The Form 4 shows an acquisition at $0.00 per share (see footnote). On the same date he surrendered 9 shares back to the issuer at $28.81 per share (total $259) to satisfy tax withholding obligations.
- This was an ESPP purchase (employee plan acquisition) rather than an open-market buy; the 9-share surrender was a tax withholding event—not an open-market sale.
Key Details
- Transaction dates: 2026-01-23 (both acquisition and withholding); Form 4 filed 2026-01-27.
- Acquisition: 428 shares reported at $0.00 per share (Footnote F1: purchased pursuant to the ESPP for the July 1–Dec 31, 2025 purchase period).
- Disposition: 9 shares surrendered to issuer at $28.81 each = $259 (Footnote F2: shares surrendered to satisfy tax withholding).
- Shares owned after transaction: not disclosed in the provided filing excerpt.
- Codes/notes: A = acquisition under ESPP; D = disposition to issuer for tax withholding.
Context
- ESPP purchases are routine employee transactions and often indicate participation in company stock plans rather than a deliberate market-timed buy. The small number of shares surrendered for taxes is a typical cashless withholding mechanism and does not necessarily signal selling pressure.