Vacheron Terry 4

What Happened
Vacheron Terry, Chief Accounting Officer of Invesco Ltd. (IVZ), was granted a total of 12,985 restricted stock units (RSUs) on Feb. 28, 2026 and converted/received 4,798 RSUs into shares. Of those converted shares, 2,852 were withheld to cover tax liabilities at $26.26 per share (withholding value $74,894), leaving 1,946 shares issued to Terry. The RSU grants are reported at $0.00 per share because they are compensation awards (contingent rights to common shares).

Key Details

• Transaction date: 2026-02-28; Form filed 2026-03-03 (no late-filing flag in the excerpt).
• Grants/Awards: 2,534 RSUs + 2,264 RSUs + 8,187 RSUs = 12,985 RSUs granted (reported at $0.00).
• Conversions/Exercises: 2,534 and 2,264 RSUs converted to shares (total 4,798) (transaction code M).
• Tax withholding (code F): 2,852 shares withheld at $26.26 = $74,894 to satisfy tax liability.
• Net immediate shares received from conversion: 4,798 converted − 2,852 withheld = 1,946 shares delivered to the insider.
• Shares owned after the transactions: not specified in the provided filing excerpt.
• Footnotes: F1 — each RSU equals a contingent right to one common share; F2 — RSUs vest in four equal installments and expire upon termination of employment.
• Nature of transaction: compensation-related (awards and conversion) and routine tax withholding (not an open-market buy/sell).

Context

• This filing documents routine equity compensation activity (RSU grant + conversion) rather than an open-market purchase or sale. The withholding of shares to satisfy taxes is a common cashless settlement method and does not necessarily indicate a bullish or bearish view by the insider.
• For retail investors: purchases or large open-market buys by insiders are often more informative about sentiment than compensation-related grants. This filing mainly reflects compensation and tax withholding.