ICF International (ICFI) EVP awarded RSUs, covers taxes with shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ICF International Executive Vice President Sergio J. Ostria reported routine equity compensation activity. He received a grant of 3,766 restricted stock units (RSUs) under the company’s 2018 Omnibus Incentive Plan. These RSUs vest over three years, with 25% on each of the first two anniversaries and 50% on the third.
On the same date, previously granted RSUs vested and were exercised into 2,847 shares of common stock at an exercise price of $65.89 per share, as disclosed. To cover tax obligations, 950 shares of common stock were disposed of through tax withholding, not open‑market sales. After these transactions, Ostria directly holds 26,467 shares of ICF International common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,847 shares exercised/converted
Mixed
13 txns
Insider
Ostria Sergio J
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 3,766 | $0.00 | -- |
| Exercise | Restricted Stock Units | 317 | $0.00 | -- |
| Exercise | Restricted Stock Units | 406 | $0.00 | -- |
| Exercise | Restricted Stock Units | 887 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,237 | $0.00 | -- |
| Exercise | Common | 1,237 | $0.00 | -- |
| Exercise | Common | 887 | $0.00 | -- |
| Exercise | Common | 406 | $0.00 | -- |
| Exercise | Common | 317 | $0.00 | -- |
| Tax Withholding | Common | 106 | $65.89 | $7K |
| Tax Withholding | Common | 136 | $65.89 | $9K |
| Tax Withholding | Common | 296 | $65.89 | $20K |
| Tax Withholding | Common | 412 | $65.89 | $27K |
Holdings After Transaction:
Restricted Stock Units — 8,713 shares (Direct);
Common — 25,807 shares (Direct)
Footnotes (1)
- The exercise price for the restricted stock unit exercise was $65.89. Each restricted stock unit is the economic equivalent of one share of ICF International, Inc.'s Common Stock. These acquired restricted stock units were granted pursuant to ICF International, Inc.'s 2018 Omnibus Incentive Plan, as amended. These restricted stock units vest over a period of three (3) years, at 25% on each of the first two anniversaries of the grant and 50% on the third anniversary from the day of grant. Represents the 2nd vesting anniversary (25%) of acquired restricted stock units granted pursuant to the 2018 Omnibus Incentive Plan, as amended. Represents the 3rd vesting anniversary (50%) of acquired restricted stock units granted pursuant to the 2018 Omnibus Incentive Plan, as amended. Represents the 1st vesting anniversary (25%) of acquired restricted stock units granted pursuant to the 2018 Omnibus Incentive Plan, as amended.
FAQ
What did ICF International (ICFI) disclose about Sergio J. Ostria’s new RSU grant?
ICF International granted Sergio J. Ostria 3,766 restricted stock units. The award was made under the 2018 Omnibus Incentive Plan and vests over three years: 25% on each of the first two anniversaries and 50% on the third anniversary of the grant date.
How do the new RSUs granted to Sergio J. Ostria at ICF International (ICFI) vest over time?
The 3,766 newly granted RSUs vest in three annual stages. Under the 2018 Omnibus Incentive Plan, 25% vest on the first anniversary, another 25% on the second anniversary, and the remaining 50% on the third anniversary from the grant date, subject to plan terms.
Are Sergio J. Ostria’s ICF International (ICFI) Form 4 transactions open-market buys or sales?
No, the filing shows compensation-related grants, vesting, and tax withholding. Ostria received RSU awards, had existing RSUs convert into common shares, and delivered shares to cover tax liabilities; it does not report open-market stock purchases or sales.