Lavieri Todd D. 4
Research Summary
AI-generated summary
Information Services Group (III) Vice Chairman Todd Lavieri Receives RSU Awards
What Happened
- Todd D. Lavieri, Vice Chairman of Information Services Group, Inc. (III), received equity awards on April 1, 2026. He was granted 97,656 restricted stock units (RSUs) recorded at $3.84 per share (total value $374,999) and an additional 32,552 derivative/performance-based RSUs (recorded at $0.00).
- These were awards (grant, code A on the Form 4), not open-market purchases or sales — they increase his potential future ownership but do not represent an immediate cash investment by the insider.
Key Details
- Transaction date: April 1, 2026; Form 4 filed April 3, 2026.
- Grant amounts and values: 97,656 RSUs @ $3.84 = $374,999; 32,552 performance RSUs @ $0.00 (derivative).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Relevant footnotes:
- F1: The 97,656 RSUs vest in four equal annual installments beginning April 1, 2026.
- F3: The 32,552 RSUs are performance-based — measured by a 10-consecutive-trading-day average price beginning on the first anniversary. 100% vests if the average is $5.25+; forfeited if not achieved by the fourth anniversary.
- F2: Notes inclusion of 1,084 shares acquired under the company’s Employee Stock Purchase Plan (ESPP).
- Filing timeliness: Filed April 3, 2026, which is within the typical Form 4 reporting window for an April 1 transaction.
Context
- These awards are part of ISG’s equity compensation plan, so they reflect company compensation, not an open-market endorsement or sale by the insider. Performance RSUs depend on future share-price targets and may be forfeited if targets aren’t met.
- For retail investors, grants signal management’s continued equity-based pay alignment with shareholders but do not necessarily indicate a buying or selling decision by the insider.