4Filed Jul 26, 8:00 PM ET
InvenTrust (IVT) CEO Daniel Busch Receives Award; Sells 81 Shares
$IVT · InvenTrust Properties Corp.Research Summary
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InvenTrust (IVT) CEO Daniel Busch Receives Award; Sells 81 Shares
What Happened
- Daniel Busch, President & CEO and director of InvenTrust Properties Corp. (IVT), acquired 750 shares on 2026-07-24 through the company's Employee Stock Purchase Plan (ESPP) for the Jan 1–Jun 30, 2026 purchase period (reported as an acquisition/award). The Form 4 shows the acquisition line at $0.00 but the footnote clarifies these shares were purchased under the ESPP.
- On the same date he had a disposition to the issuer of 81 shares at $36.67 per share, a withholding to satisfy tax obligations, totaling $2,970. This disposition represents tax withholding rather than an open-market sale.
Key Details
- Transaction date: 2026-07-24; Filing date: 2026-07-27 (filed timely).
- Acquisition: 750 shares (ESPP purchase; reported as Award/Acquisition, code A).
- Disposition: 81 shares to issuer at $36.67 each, total $2,970 (tax withholding, code D; footnote F2).
- Footnotes: F1 = shares purchased pursuant to the ESPP for Jan 1–Jun 30, 2026; F2 = shares surrendered to satisfy tax withholding.
- Shares owned after transaction: not disclosed in the provided details.
- Filing timeliness: filed within the required window (not marked late).
Context
- ESPP purchases are common employee purchases (often at a discount) and can be seen as modestly bullish but are routine for employees. The 81-share disposition was a tax withholding action—common in ESPP/award situations—and is not the same as an open-market sale.