SCHEDULE: Major Shareholder Christopher Harborne and Klear Kite LLC Maintain 9.0% Stake in Innovative Solutions & Support Inc.
Shareholder Ownership Update
Christopher Harborne and Klear Kite LLC have filed Amendment No. 7 to their Schedule 13D, confirming their continued beneficial ownership of 9.0% of Innovative Solutions & Support Inc.'s common stock.
Summary
- Christopher Harborne and Klear Kite LLC collectively beneficially own 1,583,411 shares of Innovative Solutions & Support Inc. common stock.
- This ownership represents approximately 9.0% of the company's outstanding shares.
- The percentage is calculated based on 17,604,155 shares outstanding as of May 1, 2025, as reported in the company's quarterly report on Form 10-Q.
- All transactions in shares effected by the reporting persons since the filing of Amendment No. 6 were conducted in the open market through various brokerage entities.
Sentiment
Score: 6
Explanation: The filing is largely factual, reporting a significant, consistent ownership stake. The maintenance of a 9.0% stake by a major shareholder can be viewed as a neutral to slightly positive signal of continued confidence, but it does not contain new positive or negative operational news.
Positives
- Significant beneficial ownership by Christopher Harborne and Klear Kite LLC, representing 9.0% of outstanding shares, indicates continued investor interest and confidence in the company.
Future Outlook
No forward-looking statements or guidance are provided in this document.
Industry Context
This filing is a routine disclosure of a significant shareholder's stake and does not provide broader industry context or trends.
Stakeholder Impact
- Shareholders: The continued significant stake by a major investor may provide a degree of stability or confidence in the company's long-term prospects.
Key Dates
| Date | Description |
|---|---|
| 2022-09-13 | Original Schedule 13D filed with the SEC. |
| 2022-09-23 | Amendment No. 1 to Schedule 13D filed. |
| 2023-02-17 | Amendment No. 2 to Schedule 13D filed. |
| 2024-05-24 | Amendment No. 3 to Schedule 13D filed. |
| 2025-01-27 | Amendment No. 4 to Schedule 13D filed. |
| 2025-05-01 | Date as of which 17,604,155 shares were outstanding, as reported in the Company's Form 10-Q. |
| 2025-05-15 | Company's quarterly report on Form 10-Q for the fiscal quarter ended March 31, 2025, filed with the SEC. |
| 2025-06-06 | Amendment No. 5 to Schedule 13D filed. |
| 2025-06-25 | Amendment No. 6 to Schedule 13D filed. |
| 2025-06-27 | Date of event which requires filing of this Amendment No. 7. |
| 2025-07-01 | Signature date for Amendment No. 7. |
Recommendation
holdKeywords
Innovative Solutions & Support Inc, ISSI, Schedule 13D, Shareholder, Beneficial Ownership, Christopher Harborne, Klear Kite LLC, Common Stock, SEC Filing, Ownership Stake
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