InvenTrust Properties Corp.·4

May 7, 5:08 PM ET

Nelson Scott A. 4

4 · InvenTrust Properties Corp. · Filed May 7, 2026

Research Summary

AI-generated summary of this filing

Updated

InvenTrust (IVT) Director Scott A. Nelson Receives RSUs

What Happened

  • Scott A. Nelson, a director of InvenTrust Properties Corp. (IVT), reported derivative conversion/exercise and an award on May 5, 2026. The filing shows an exercise/conversion of a derivative (code M) for 4,372 shares (acquired and also reported as disposed) at $0.00, and a separate grant/award (code A) for 4,352 restricted stock units (RSUs) at $0.00. No cash consideration is reported for these transactions.

Key Details

  • Transaction date: May 5, 2026; Form 4 filed May 7, 2026 (appears timely).
  • Reported items:
    • M (exercise/conversion): 4,372 shares — acquired and also recorded as disposed — $0.00.
    • A (grant/award): 4,352 RSUs — acquired — $0.00.
  • Shares owned after the transactions: not specified in the provided excerpt of the filing.
  • Footnotes:
    • F1/F2: Each RSU is a contingent right to one common share under IVT’s 2015 Incentive Award Plan. Some RSUs vest in full on May 5, 2026 (issuer’s 2026 annual meeting); others vest on the earlier of the next annual meeting or one year after grant, subject to continued service and certain acceleration events. RSUs will be settled in shares within 60 days after vesting (or immediately in a change in control).
  • The filing uses code M (exercise/conversion of a derivative security) and code A (award/grant). The Form shows $0 consideration, indicating conversion/award rather than a market purchase.

Context

  • For retail investors: these transactions reflect issuance/settlement of equity compensation (RSUs and conversion of derivative units), not open-market buying or selling for cash. The “acquired” and matching “disposed” entries for the 4,372 derivative units are reported but the filing does not state sale proceeds or the specific reason for the disposed entry (e.g., withholding); no open-market sale price is listed.

Insider Transaction Report

Form 4
Period: 2026-05-05
Transactions
  • Exercise/Conversion

    Common Stock

    2026-05-05+4,37232,550 total
  • Exercise/Conversion

    Restricted Stock Units

    [F1]
    2026-05-054,3720 total
    Common Stock (4,372 underlying)
  • Award

    Restricted Stock Units

    [F2]
    2026-05-05+4,3524,352 total
    Common Stock (4,352 underlying)
Footnotes (2)
  • [F1]Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock pursuant to the InvenTrust Properties Corp. 2015 Incentive Award Plan, as amended. The RSUs vest in full on May 5, 2026, the date of the Issuer's 2026 annual meeting of stockholders.
  • [F2]Each RSU represents a contingent right to receive one share of the Issuer's common stock pursuant to the InvenTrust Properties Corp. 2015 Incentive Award Plan, as amended. The RSUs vest on the earlier of (i) the date of the next annual meeting of the Issuer's stockholders following the grant date or (ii) the first anniversary of the grant date, subject to the director's continued service on the vesting date. The RSUs are subject to accelerated vesting in the event of a termination of service due to death or disability or 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 (or in the event of a change in control of the Issuer, immediately preceding and effective upon such change in control).
Signature
/s/ Christy L. David, Attorney in Fact|2026-05-07

Documents

1 file
  • 4
    wk-form4_1778188125.xmlPrimary

    FORM 4