---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-122176"
form_type: "8-K"
ticker: "ISSC"
cik: "0000836690"
company_name: "INNOVATIVE SOLUTIONS & SUPPORT INC"
filed_at: "2024-11-22T23:59:59+00:00"
generated_at: "2026-05-29T20:14:36.657368+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# CEO Shahram Askarpour granted 201,000 PSUs with vesting at $10/$12/$14 stock price thresholds

## Summary
- Grant date Nov 20, 2024; PSUs vest in three equal tranches when ISSC trades ≥$10, $12, $14 for 20 consecutive days.
- If first tranche ($10) fails to vest by third anniversary, its threshold rises to $12 for remainder of 4-year performance period.
- Any unvested PSUs forfeited on termination of employment for any reason; no payment due.
- Upon Change in Control, unvested tranches vest if per-share consideration equals or exceeds the applicable vesting price.
- Each vested PSU settles into one share of ISSC common stock; PSUs carry no voting or dividend rights until settlement.

## SEC filing metadata
- accession: 0001104659-24-122176
- form_type: 8-K
- ticker: ISSC
- cik: 0000836690
- company_name: INNOVATIVE SOLUTIONS & SUPPORT INC
- filed_at: 2024-11-22T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/836690/000110465924122176/0001104659-24-122176-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/836690/000110465924122176/tm2429367d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-122176
- JSON: https://secwatch.observer/filing/0001104659-24-122176.json
- Plain text: https://secwatch.observer/filing/0001104659-24-122176.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.