Phillips Michael Douglas 4

What Happened

• Michael Phillips, EVP, CFO & Treasurer of InvenTrust Properties Corp. (IVT), acquired 428 shares through the company's Employee Stock Purchase Plan (ESPP) on January 23, 2026. The Form 4 reports the ESPP acquisition at $0.00 (reporting convention); separately, 16 shares were surrendered to the issuer to satisfy tax withholding, a disposition valued at $28.81 per share (total ~$461). Net new shares retained from the transaction = 428 acquired − 16 surrendered = +412 shares.

Key Details

• Transaction date: 2026-01-23 (both acquisition and disposition)
• Acquisition: 428 shares via ESPP (reported at $0.00 on Form 4); Footnote F1: purchase under ESPP for the July 1, 2025–Dec 31, 2025 purchase period
• Disposition: 16 shares surrendered to issuer at $28.81 per share for tax withholding (Footnote F2)
• Report filed: 2026-01-27 (covers period of report 2026-01-23) — filing appears timely
• Shares owned after the transaction: not specified in the filing

Context

• ESPP purchases are routine employee benefit transactions that result in the insider acquiring company stock; the small surrender of shares to cover taxes is common and does not necessarily signal a sale for investment reasons. This filing shows a net increase in insider-held shares (412 shares).