Sherrick Michael A. 4
Research Summary
AI-generated summary
Information Services Group (III) CFO Michael Sherrick Receives RSU Award
What Happened
- Michael A. Sherrick, Chief Financial Officer of Information Services Group, received an award of 44,776 restricted stock units (RSUs) on March 13, 2026. The grant is recorded at $4.02 per share, totaling $180,000. This transaction is coded as an award/grant (A) rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-03-13; Filing date: 2026-03-17 (filed within the required Form 4 timeframe).
- Grant details: 44,776 RSUs @ $4.02 per share; aggregate value reported $180,000.
- Vesting: Per footnote, the RSUs will vest 100% on March 13, 2027 and were granted under the Information Services Group, Inc. Amended and Restated 2007 Equity and Incentive Award Plan.
- Shares owned after the transaction: Not specified in this filing.
- Transaction code: A = Award/Grant.
Context
- RSUs are compensation awards that convert to shares (or their cash equivalent) upon vesting; they generally indicate long-term compensation rather than an immediate market purchase. Because these RSUs vest in one year, they are subject to forfeiture until March 13, 2027 and do not reflect an immediate cash outlay or sale by the insider.