SCHEDULE 13G/A: Kevin P. Gilboy Discloses 3.79% Passive Stake in Innovative Solutions & Support Inc.

Kevin P. Gilboy, acting as co-trustee for various trusts, has reported a passive beneficial ownership of 3.79% of Innovative Solutions & Support Inc.'s common stock, totaling 664,155 shares.

Summary

• Kevin P. Gilboy filed an Amendment No. 1 to Schedule 13G, disclosing his beneficial ownership in Innovative Solutions & Support Inc. (Issuer).
• Mr. Gilboy beneficially owns an aggregate of 664,155 shares of the Issuer's common stock, par value $0.001 per share.
• This ownership represents 3.79% of the Issuer's outstanding common stock.
• The shares are held in separate trusts, and Mr. Gilboy is a co-trustee of each of these trusts, which is the basis for his deemed beneficial ownership.
• The percentage of ownership is calculated based on 17,536,418 shares of common stock outstanding as of December 18, 2024, as reported in the Issuer's Annual Report on Form 10-K for the fiscal year ended September 30, 2024.
• Mr. Gilboy explicitly disclaims beneficial ownership of these shares for purposes of Section 13(d) of the Securities Exchange Act of 1934.
• The filing certifies that the securities were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the Issuer.

Sentiment

Score: 5

Explanation: This is a routine compliance filing (Schedule 13G) disclosing passive beneficial ownership, with no positive or negative operational or financial information.

Positives

• The filing indicates a passive investment, with the reporting person certifying that the shares were not acquired or held for the purpose of changing or influencing control of the issuer.

Future Outlook

The document does not provide any forward-looking statements or guidance regarding the Issuer's future performance or strategic direction.

Management Comments

• "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §§ 240.14a-11."

Industry Context

This Schedule 13G filing is a routine disclosure of beneficial ownership and does not provide information related to broader industry trends or competitive landscape.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant, albeit passive, ownership stake in the company.

Key Dates

Keywords

Innovative Solutions & Support Inc., IS&S, Kevin P. Gilboy, Schedule 13G, beneficial ownership, common stock, passive investment, SEC filing, trust