Form 4: Innovative Solutions & Support Director Sells Over 17,000 Shares
Insider Transaction Report
Christopher Harborne, a Director and 10% owner of Innovative Solutions & Support Inc. (ISSC), reported the sale of 17,198 shares of common stock.
Summary
- Christopher Harborne, identified as a Director and 10% owner of Innovative Solutions & Support Inc. (ISSC), reported a transaction.
- On June 18, 2025, Mr. Harborne disposed of 17,198 shares of the company's common stock.
- The shares were sold at a price of $12.2757 per share.
- Following this transaction, Mr. Harborne beneficially owns 2,072,608 shares of common stock.
- These remaining shares are indirectly held by Klear Kite LLC, a Delaware limited liability company, of which Christopher Harborne is the sole member.
Sentiment
Score: 4
Explanation: The sale of shares by a director and significant owner is generally viewed with caution by investors, potentially indicating a lack of confidence or a belief that the stock is fully valued.
Negatives
- A Director and 10% owner, Christopher Harborne, sold 17,198 shares of common stock, which can be perceived negatively by the market as it may suggest a lack of confidence or that the stock is overvalued.
Related Party Transactions
- Sale of 17,198 shares of common stock by Christopher Harborne, a Director and 10% owner of Innovative Solutions & Support Inc.
- Christopher Harborne's remaining 2,072,608 shares are indirectly held through Klear Kite LLC, a Delaware limited liability company, of which he is the sole member.
Stakeholder Impact
- Shareholders may interpret the insider sale as a negative signal, potentially impacting investor sentiment and the company's stock price.
Key Dates
| Date | Description |
|---|---|
| 06/18/2025 | Date of the reported transaction (sale of common stock). |
| 06/20/2025 | Date the Form 4 filing was signed and submitted. |
Keywords
ISSC, Innovative Solutions & Support, Christopher Harborne, insider trading, Form 4, stock sale, beneficial ownership, director, 10% owner
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.