INNOVATIVE SOLUTIONS & SUPPORT INC — Director's Dealing 2025

Nov 25, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INNOVATIVE SOLUTIONS & SUPPORT INC (ISSC)
CIK: 0000836690
Period of Report: 2025-11-20

Reporting Person: Askarpour Shahram (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-11-20	Common Stock	M	201000	—	Acquired	572317	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-11-20	Performance Stock Units	$	M	201000	Disposed		Common Stock (201000)	Direct

Footnotes

F1: Performance stock units convert into common stock on a one-for-one basis.

F2: On November 20, 2024, the reporting person was granted 201,000 Performance Stock Units, which vest, subject to the terms of the Innovative Solutions and Support, Inc. 2019 Stock-Based Incentive Compensation Plan, in three equal tranches upon the issuer's common stock achieving specified prices per share.