Busch Daniel 4
4 · InvenTrust Properties Corp. · Filed Feb 20, 2026
Research Summary
AI-generated summary of this filing
InvenTrust (IVT) CEO Daniel Busch Receives RSU Award
What Happened
Daniel Busch, President & CEO and a director of InvenTrust Properties Corp. (IVT), received an award of 42,024 Restricted Stock Units (RSUs) on 2026-02-18. The RSUs were granted at $0.00 (no cash purchase) and are recorded as a derivative award that will convert to shares of common stock upon vesting.
Key Details
- Transaction date: 2026-02-18; filing date: 2026-02-20 (filed within two days, appears timely).
- Grant: 42,024 RSUs; reported acquisition price $0.00 (derivative award, code A).
- Vesting: 33% vests 12/31/2026, 33% vests 12/31/2027, 34% vests 12/31/2028.
- Acceleration: Vesting may accelerate if employment terminates due to death/disability or if terminated without cause/by holder for good reason within 24 months after a change in control.
- Settlement: RSUs will be settled in shares of common stock within 60 days after each vesting date.
- Shares owned after transaction: not specified in the provided filing.
- No 10b5-1 plan, tax-withholding specifics, or immediate cashless sale noted in the filing.
Context
RSUs are a form of equity compensation — they represent the right to receive shares later if vesting conditions are met. This award does not involve an immediate purchase or sale of stock and does not directly signal buying pressure. Such grants are common for executives as part of compensation and retention packages; value to the executive depends on InvenTrust’s future share price at each vesting/settlement date.
Insider Transaction Report
- Award
Restricted Stock Units
[F1]2026-02-18+42,024→ 82,140 total→ Common Stock (42,024 underlying)
Footnotes (1)
- [F1]Reflects an award of Restricted Stock Units ("RSUs") in the Issuer pursuant to the InvenTrust Properties Corp. 2015 Incentive Award Plan, as amended. Thirty-three percent (33%) of these units will vest on December 31, 2026, thirty-three percent (33%) of these units will vest on December 31, 2027 and the remaining thirty-four percent (34%) of these units will vest on December 31, 2028, subject to accelerated vesting in the event of a termination of employment (i) due to death or disability or (ii) by the Issuer without cause or by the holder for good reason, each within 24 months following a change in control of the Issuer. The RSUs will be settled in shares of the Issuer's common stock within 60 days after the vesting date.