Busch Daniel 4

What Happened
Daniel Busch, President & CEO and a director of InvenTrust Properties Corp. (IVT), acquired 429 shares on January 23, 2026 via the company's Employee Stock Purchase Plan (ESPP) (reported as an award/acquisition). The Form 4 also shows 17 shares were surrendered to the issuer to satisfy tax withholding obligations; those 17 shares were reported disposed at $28.81 each for a total of $490.

Key Details

• Transaction dates: January 23, 2026 (reported on Form 4 filed January 27, 2026). Filing appears timely (4 days after transaction).
• Acquired: 429 shares (code A) — Form reports price as $0.00; footnote clarifies these were purchased under the ESPP for the July 1–Dec 31, 2025 purchase period.
• Disposed/withheld: 17 shares (code D) at $28.81 each, total $490 — footnote states shares surrendered to satisfy tax withholding (tax withholding = routine).
• Shares owned after transaction: Not specified in the filing.
• Relevant footnotes: F1 = ESPP purchase period; F2 = shares surrendered to issuer to satisfy tax withholding.
• Transaction codes explained simply: A = acquisition/award (ESPP purchase); D = disposition to issuer; F = tax withholding.

Context
ESPP purchases represent an insider increasing owned shares through a company plan and are generally viewed as an ownership-building action; the small number of shares surrendered was a routine tax-withholding event, not an open-market sale. No options were exercised and there is no indication of a 10% owner or a 10b5-1 plan in this filing.