Nelson Scott A. 4

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.