|4Feb 20, 4:20 PM ET

David Christy Lynn 4

Research Summary

AI-generated summary

Updated

InvenTrust (IVT) EVP David Christy Lynn Receives RSU Award

What Happened

  • David Christy Lynn, EVP, Chief Operating Officer, General Counsel and Secretary of InvenTrust Properties Corp., was granted 14,626 restricted stock units (RSUs) on February 18, 2026. The award is reported at $0.00 purchase price because it is a compensation grant (derivative award) rather than an open-market trade. The RSUs will be settled in shares of the issuer’s common stock within 60 days after each vesting date.

Key Details

  • Transaction date: 2026-02-18; Form 4 filed: 2026-02-20 (appears timely).
  • Transaction type: Award/Grant of RSUs (code A); reported price $0.00 (compensation grant).
  • Number of RSUs granted: 14,626.
  • Vesting schedule: 33% vests 12/31/2026, 33% vests 12/31/2027, remaining 34% vests 12/31/2028.
  • Acceleration: Vesting may accelerate if employment terminates due to death/disability or if terminated without cause (or for good reason by the holder) within 24 months following a change in control.
  • Settlement: RSUs convert to common shares within 60 days after each vesting date.
  • Shares owned after transaction: Not specified in the provided filing excerpt.

Context

  • RSU grants are a form of compensation and differ from market purchases or sales; they do not represent an immediate cash outlay by the insider and are not an immediate bullish or bearish trading signal.
  • Because these are derivative awards that vest over time (with change-in-control acceleration), their ultimate value depends on the company’s future stock price at each vesting/settlement date.