4Filed Aug 19, 8:00 PM ET
Information Services Group (III) Vice Chair Todd Lavieri Vests RSUs
$III · Information Services Group Inc.Research Summary
AI-generated summary of this SEC filing
Information Services Group (III) Vice Chair Todd Lavieri Vests RSUs
What Happened
Todd D. Lavieri, Vice Chairman of Information Services Group, reported the vesting/conversion of 25,880 performance-based restricted stock units (RSUs) on August 18, 2026. Of those shares, 11,481 were withheld to satisfy tax withholding obligations at $4.93 per share, producing $56,601 paid to the issuer. The net shares delivered to Lavieri after withholding were 14,399. This was not an open-market sale or purchase by the insider but the vesting of previously granted performance RSUs.
Key Details
- Transaction date: August 18, 2026; Form 4 filed August 20, 2026 (within the typical 2-business-day filing window).
- Primary codes: M = exercise/conversion of derivative (RSU conversion); F = withholding to satisfy tax obligations.
- Gross shares vested/converted: 25,880 RSUs.
- Shares withheld for taxes: 11,481 @ $4.93 = $56,601 (deemed disposition to issuer).
- Net shares delivered to insider: 25,880 − 11,481 = 14,399 shares.
- Footnotes: The RSUs were performance-based (granted June 2, 2025) and vested in full when the 10-day average stock price hit the $5.00 threshold on August 18, 2026. Filing notes also include 1,013 shares acquired under the company’s ESPP (per footnote).
- Shares owned after transaction: not specified in the provided filing excerpt.
Context
- This transaction reflects the fulfillment and conversion of performance RSUs (an award vesting), not a market purchase or sale of additional shares. The withholding of shares to cover taxes is a routine administrative disposition and does not necessarily signal insider sentiment.
- For derivative/award items: the “exercise/conversion” entries show RSUs converting into common shares; the withholding (F) is recorded as a disposition back to the issuer to pay tax obligations.