Form 4: ICF International Director Srikant Datar Receives Annual Equity Award
Insider Transaction Report
ICF International, Inc. Director Srikant M. Datar was granted 1,720 restricted stock units as part of his annual equity award, vesting quarterly.
Summary
- Srikant M. Datar, a Director of ICF International, Inc. (ICFI), received an equity award.
- The award consists of 1,720 shares of common stock.
- The transaction date for this acquisition was July 1, 2025.
- The shares were granted at a price of $0.0000, indicating a restricted stock unit award.
- These restricted stock units are part of the company's Amended and Restated 2018 Omnibus Incentive Plan.
- The units will vest in equal quarterly increments on September 1, December 1, March 1, and June 1.
- Following this transaction, Mr. Datar's beneficial ownership includes 3,721 shares directly, 6,851 shares indirectly through LegacyCap LLC, and 33,428 shares indirectly through Safari Investments.
Sentiment
Score: 7
Explanation: The filing indicates a routine annual equity award to a director, which is a standard practice for aligning management and director interests with shareholder value. It does not contain any unexpected positive or negative financial news or strategic shifts.
Positives
- The grant of equity aligns the director's interests with those of the shareholders.
- The award is part of a standard incentive plan, indicating a structured and ongoing compensation framework for directors.
Future Outlook
The 1,720 restricted stock units granted to Director Srikant M. Datar are scheduled to vest in equal quarterly increments on September 1, December 1, March 1, and June 1.
Industry Context
The grant of restricted stock units to a director is a standard practice in corporate compensation across various industries, aligning executive interests with long-term shareholder value.
Comparison to Industry Standards
- The grant of restricted stock units is a common form of equity compensation for directors in publicly traded companies, aligning their interests with long-term shareholder value.
- While specific comparisons to other companies' director compensation packages are not detailed in this filing, such awards are generally benchmarked against peer groups within the professional services and consulting industry, where ICF International operates, to ensure competitive and performance-aligned remuneration.
Stakeholder Impact
- Shareholders: The equity grant aligns the director's financial interests with the long-term performance of the company, potentially benefiting shareholders through improved governance and strategic decisions.
Next Steps
- Quarterly vesting of the restricted stock units on September 1, December 1, March 1, and June 1.
Key Dates
| Date | Description |
|---|---|
| 07/01/2025 | Date of acquisition of 1,720 restricted stock units by Srikant M. Datar. |
| 07/03/2025 | Date the Form 4 was signed by the attorney-in-fact for Srikant M. Datar. |
| 09/01/XXXX | First quarterly vesting date for restricted stock units (subsequent vesting on Dec 1, Mar 1, Jun 1). |
Keywords
ICF International, ICFI, Srikant Datar, Form 4, SEC filing, insider transaction, equity award, restricted stock units, RSU, director compensation, incentive plan
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