InvenTrust Properties Corp.·4

May 7, 5:09 PM ET

Black Amanda Elizabeth 4

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InvenTrust (IVT) Director Amanda Black Receives RSU Award

What Happened

  • Amanda Elizabeth Black, a director of InvenTrust Properties Corp. (IVT), had RSU-related transactions on May 5, 2026. The filing shows a conversion/exercise of 4,372 derivative units into shares (code M) at $0.00, an immediate disposition of 4,372 derivative shares (code M) at $0.00, and a grant/award of 4,352 RSUs (code A) at $0.00. The filing reports no cash amounts for these entries.

Key Details

  • Transaction date: May 5, 2026; Form 4 filed May 7, 2026 (timely within the usual two-business-day window).
  • Reported items: M — 4,372 shares converted (acquired) @ $0.00; M — 4,372 shares disposed @ $0.00; A — 4,352 RSUs granted (acquired) @ $0.00.
  • Total dollar value reported on Form 4: $0.00 for the listed transactions (market value not provided).
  • Shares owned after the transactions: not specified in the provided summary of the filing.
  • Footnotes: Transactions involve Restricted Stock Units (RSUs) under InvenTrust’s 2015 Incentive Award Plan. Some RSUs vested in full on May 5, 2026 (the company’s 2026 annual meeting). Other RSUs are subject to standard director vesting (earlier of next annual meeting or first anniversary), with acceleration on death, disability, or change in control; RSUs settle in shares within 60 days of vesting.

Context

  • The filing records conversion/exercise of derivative RSUs into shares and an immediate disposition of the same number of derivative shares on the same date, plus a near-equal grant of RSUs. The Form does not specify the reason for the simultaneous disposition (filings of this type often reflect settlement mechanics such as withholding or surrendering shares to cover taxes or fees, but the filing itself does not state the cause). These are award/vesting-related transactions rather than open-market purchases or sales indicating a directional trade.