Form 4: ISSC CEO Askarpour Reports Routine Tax-Related Stock Sale

Innovative Solutions & Support Inc. CEO Shahram Askarpour reported a disposition of 2,128 common shares at $18.41 to cover tax obligations from restricted stock unit vesting.

Summary

• Shahram Askarpour, Chief Executive Officer and Director of Innovative Solutions & Support Inc. (ISSC), reported a transaction on January 11, 2026.
• The transaction involved the disposition of 2,128 shares of common stock at a price of $18.41 per share.
• These shares were withheld by the issuer to satisfy the reporting person's tax obligations in connection with the vesting of restricted stock units.
• Following this transaction, Askarpour beneficially owns 482,271 shares of common stock directly.
• The transaction was made pursuant to a contract, instruction, or written plan for the purchase or sale of equity securities of the issuer, intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Sentiment

Score: 5

Explanation: The filing reports a routine, non-discretionary tax-related stock disposition by an insider, which is a neutral event and does not indicate positive or negative sentiment regarding the company's performance or outlook.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This filing is a routine insider transaction report specific to an executive's equity compensation and tax obligations, and does not provide broader industry context or trends.

Stakeholder Impact

• Shareholders: Minimal impact as this is a routine, non-discretionary tax-related transaction by an executive, not a market-driven sale.

Key Dates

Recommendation

This Form 4 filing details a routine, non-discretionary disposition of shares by the CEO to cover tax obligations related to restricted stock unit vesting. Such transactions are common for executives and do not reflect a change in the company's fundamental value or the executive's confidence. Therefore, this specific filing provides no new information that would warrant a change in an investment recommendation; a 'hold' stance is appropriate as it does not alter the investment thesis.

Keywords

ISSC, Form 4, Insider Transaction, Shahram Askarpour, CEO, Tax Withholding, Restricted Stock Units, Equity Compensation