On Friday after the close, ISSC filed an 8-K giving the CEO of a $134mm market cap company a stock package that could have been worth…$20m? We have seen similar grievances filed late Friday afternoons.
But alas, today the correction. It was not 2.1mm shares – it was 201,000 shares. Oops, Bartleby.
Innovative Solutions and Support, Inc. (the “Company”) is filing this Amendment No. 1 to Current Report on Form 8-K/A to amend the Current Report on Form 8-K originally filed by the Company with the Securities and Exchange Commission on November 22, 2024(the “Original 8-K”), solely to correct a scrivener’s error contained in the Original 8-K with respect to the total amount of Mr.Askarpour’s performance stock unit grant. This Form 8-K/A amends and restates in its entirety Item 5.02 of the Original 8-K in order to correct this error. No other changes have been made to the Original Form 8-K. References to the exhibits in this Form 8-K/A are references to the exhibits filed with the Original 8-K.