secwatch.observer — SEC 8-K summary
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Issuer:     INNOVATIVE SOLUTIONS & SUPPORT INC (ISSC)
CIK:        0000836690
Form:       8-K
Filed at:   2022-05-18T23:59:59+00:00
Accession:  0001104659-22-062334
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CFO Relland Winand to retire; enters $100k retention agreement through replacement or Dec 2022
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- CFO Relland Winand notified board of his retirement; not due to any dispute with the company.
- Company entered retention agreement on May 18, 2022 providing a $100,000 cash bonus.
- Bonus vests upon earlier of hiring new CFO or December 30, 2022, subject to continuous employment.
- If employment is terminated for any reason before vesting, the bonus is forfeited.
- Company will also pay medical coverage for one additional month after retirement date.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/836690/000110465922062334/0001104659-22-062334-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/836690/000110465922062334/tm2215946d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-062334

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