Information Services Group (III) grants stock and performance RSUs to vice chairman
Rhea-AI Filing Summary
Lavieri Todd D. reported acquisition or exercise transactions in this Form 4 filing.
Information Services Group Inc. vice chairman Todd D. Lavieri reported receiving equity awards on April 1, 2026. He was granted 97,656 shares of common stock as restricted stock units at a reference price of $3.84 per share, increasing his direct holdings to 1,239,268 shares, including 1,084 shares from the employee stock purchase plan.
He also received 32,552 performance-based RSUs tied to the company’s common stock, which expire on April 1, 2030. These performance RSUs can be earned based on achieving market price goals: they vest in full if the average closing price reaches $5.25 or above over any ten consecutive trading days beginning with the first anniversary of the award; if this target is not met by the fourth anniversary, the units are forfeited.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Based RSUs | 32,552 | $0.00 | -- |
| Grant/Award | Shares of Common Stock | 97,656 | $3.84 | $375K |
Footnotes (1)
- Represents restricted stock units (RSUs) granted to the reporting person pursuant to the Information Services Group, Inc. Amended and Restated 2007 Equity and Incentive Award Plan, which will vest in 4 equal installments on each of the first, second, third and fourth anniversaries of April 1, 2026. Includes 1,084 shares acquired under the Information Services Group, Inc. Amended and Restated 2007 Employee Stock Purchase Plan. Represents a grant of RSUs that may be earned based on the achievement of market price goals, which will be measured as the average closing price of issuer's common stock over any ten consecutive trading day period beginning with the first anniversary of the award. 100% of the number of RSUs will be earned if the measured market price is $5.25 or above. If this measured market price is not achieved by the fourth anniversary of the award, these RSUs will be forfeited. Market price goals are subject to adjustment for stock splits and certain other corporate events. Once determined, any such earned RSUs will be fully vested.