Form 4: Director Christopher Harborne Sells Shares in Innovative Solutions & Support Inc.

Christopher Harborne, a director at Innovative Solutions & Support Inc., sold 7,086 shares of common stock on January 30, 2025.

Summary

• Christopher Harborne, a director of Innovative Solutions & Support Inc., sold 7,086 shares of the company's common stock.
• The transaction occurred on January 30, 2025.
• The shares were sold at a price of $11.1691 per share.
• Following the transaction, Mr. Harborne indirectly beneficially owns 2,417,771 shares through Klear Kite LLC.
• Klear Kite LLC is a Delaware limited liability company where Christopher Harborne is the sole member.

Sentiment

Score: 5

Explanation: The document is a neutral report of a stock sale by a director, with no indication of positive or negative sentiment.

Industry Context

This is a standard SEC Form 4 filing, which is common for corporate insiders who trade company stock. It provides transparency into the trading activities of company directors.

Comparison to Industry Standards

• Form 4 filings are a standard practice for publicly traded companies in the United States.
• The transaction is typical for a director selling shares and is not unusual in the context of corporate governance.

Stakeholder Impact

• The sale of shares by a director may have a minor impact on shareholder sentiment, but is not expected to have a significant impact on the company's operations or other stakeholders.

Key Dates

Keywords

insider trading, Form 4, stock sale, Christopher Harborne, Innovative Solutions & Support Inc., ISSC, beneficial ownership