Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.
Each company listed discloses ISSC in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named ISSC in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Shahram Askarpour | $525,000 | $0 | $1,019,953 | $196,340 | $750,750 | $0 | $14,000 | $2,506,043 |
| Director, President and Chief Executive Officer | ||||||||
| Jeffrey DiGiovanni | 350,000 | 0 | 151,974 | 115,509 | 250,250 | 0 | 14,000 | 881,733 |
| Chief Financial Officer | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Shahram Askarpour | $2,506,043 | $2,972,189 | $2,439,408 | −466,146 |
| Jeffrey DiGiovanni | 881,733 | 1,083,427 | — | −201,694 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.
| Insider | Role | Transaction date | Code | Shares | Price | Value | Security | Source |
|---|---|---|---|---|---|---|---|---|
| Jeffrey DiGiovanni | Chief Financial Officer | 2026-03-31 | D | 897 | $21 | $18,415 | Common | Form 4 ↗ |
| Jeffrey DiGiovanni | Chief Financial Officer | 2026-04-08 | D | 765 | 23 | 17,610 | Common | Form 4 ↗ |
| Richard A. Silfen | Director | 2026-04-16 | A | 5,618 | 0 | 0 | Common | Form 4 ↗ |
| Roger A. Carolin | Director | 2026-04-16 | A | 5,618 | 0 | 0 | Common | Form 4 ↗ |
| Denise L. Devine | Director | 2026-04-16 | D | 5,403 | 0 | 0 | Common | Form 4 ↗ |
| Stephen L. Belland | Director | 2026-04-16 | A | 5,618 | 0 | 0 | Common | Form 4 ↗ |
| Denise L. Devine | Director | 2026-04-16 | A | 5,618 | 0 | 0 | Common | Form 4 ↗ |
| Garry Dean | Director | 2026-04-16 | A | 5,618 | 0 | 0 | Common | Form 4 ↗ |
| Glen R. Bressner | Director | 2026-04-16 | A | 5,618 | 0 | 0 | Common | Form 4 ↗ |
| Shahram Askarpour | Chief Executive Officer | 2026-05-18 | D | 906 | 16 | 14,732 | Common | Form 4 ↗ |
| Jeffrey DiGiovanni | Chief Financial Officer | 2026-05-18 | D | 474 | 16 | 7,707 | Common | Form 4 ↗ |
| Glen R. Bressner | Director | 2026-05-20 | A | 6,300 | 16 | 100,381 | Common | Form 4 ↗ |
| Jeffrey DiGiovanni | Chief Financial Officer | 2026-06-30 | D | 910 | 18 | 16,380 | Common | Form 4 ↗ |
| Jeffrey DiGiovanni | Chief Financial Officer | 2026-07-08 | D | 749 | 18 | 13,714 | Common | Form 4 ↗ |
| Shahram Askarpour | Director | 2026-07-14 | A | 68,966 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Jeffrey DiGiovanni | Chief Financial Officer | 2026-07-14 | A | 21,793 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Jeffrey DiGiovanni | RSU | 2025-02-19 | — | — | 17,462 | — | $150,000 |
| Shahram Askarpour | RSU | 2025-02-19 | — | — | 37,835 | — | 325,000 |
| Shahram Askarpour | OPTION | 2025-02-18 | — | — | 72,062 | — | 325,000 |
| Jeffrey DiGiovanni | OPTION | 2025-02-18 | — | — | 33,259 | — | 150,000 |
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| Jeffrey DiGiovanni | $150,000 | $0 | $150,000 | 0.0% |
| Shahram Askarpour | 325,000 | 0 | 325,000 | 0.0% |
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Shahram Askarpour | RSU | 37,835 | — | $472,559 |
| Shahram Askarpour | Option | 72,062 | 9.88 | — |
| Shahram Askarpour | RSU | 18,750 | — | 234,188 |
| Shahram Askarpour | RSU | 201,000 | — | 2,510,490 |
| Jeffrey DiGiovanni | RSU | 26,454 | — | 330,410 |
| Shahram Askarpour | Option | 54,011 | 8.12 | — |
| Shahram Askarpour | Option | 200,000 | 8.19 | — |
| Jeffrey DiGiovanni | Option | 44,412 | 7.06 | — |
| Jeffrey DiGiovanni | RSU | 17,462 | — | 218,100 |
| Jeffrey DiGiovanni | RSU | 26,588 | — | 332,084 |
| Shahram Askarpour | Option | 25,000 | 8.12 | — |
| Shahram Askarpour | RSU | 30,018 | — | 374,925 |
| Jeffrey DiGiovanni | Option | 33,259 | 9.88 | — |
Attract and retain exceptional individuals as executive officers and provide key executives with motivation to perform to the full extent of their abilities to maximize performance and deliver value to shareholders.
| CEO STI target (% of salary) | 100% |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | FW Cook |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | true |
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-04-16 | 9,224,341 | 63,909 | 85,775 | 99.31% | Passed |
| 2023 | 2023-04-13 | 11,557,883 | 135,482 | 2,776,084 | 79.88% | Passed |
| 2020 | 2020-04-16 | 4,840,565 | 94,898 | 39,330 | 98.08% | Passed |
| 2017 | 2017-04-13 | 6,101,785 | 247,011 | 43,355 | 96.11% | Passed |
Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.
| Meeting year | Meeting date | Approval — company's computation |
|---|---|---|
| 2026 | 2026-04-16 | 99.31%a |
| 2023 | 2023-04-13 | 79.88%b |
| 2020 | 2020-04-16 | 98.08%c |
a. Approved under the standard stated in the filing — “Abstentions or broker "non-votes" will not be counted for or against any of the other proposals to be voted upon at the Annual Meeting.”.
b. Approved under the standard stated in the filing — “As a result, abstentions or broker "non-votes" will be counted as votes against Proposal No.”.
c. Approved under the standard stated in the filing — “Abstentions or broker "non-votes" will not be counted for or against matters to be acted on at the Annual Meeting.”.
Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.
| Ratio (CEO : median employee) | — |
|---|---|
| CEO total compensation | — |
| Median employee compensation | — |
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Glen R. BressnerIndependent · Board Chair · Audit · Nominating & Corporate Governance | $85,250 | $77,483 | $0 | $0 | $0 | $162,733 |
| Roger A. CarolinIndependent · Audit (Chair) · Compensation · Investment (Chair) | 68,500 | 77,483 | 0 | 0 | 0 | 145,983 |
| Stephen L. BellandIndependent · Compensation (Chair) · Investment | 60,625 | 77,483 | 0 | 0 | 0 | 138,108 |
| Garry DeanIndependent · Nominating & Corporate Governance (Chair) | 53,750 | 78,752 | 0 | 0 | 0 | 132,502 |
| Denise L. DevineIndependent · Audit · Compensation · Newly elected | 40,250 | 87,115 | 0 | 0 | 0 | 127,365 |
| Shahram AskarpourEmployee director | 0 | 0 | 0 | — | 0 | 0 |
| Richard A. SilfenIndependent · Partial-year service · Newly elected | 0 | 0 | 0 | 0 | 0 | 0 |
| Annual cash retainer | $25,000 |
|---|---|
| Annual equity retainer | $50,000 |
| Per board meeting fee | $1,500 |
| Committee chair fees (audit / comp / nom-gov) | 12,000 / 5,000 / 5,000 |
| Stock ownership guideline | three times annual cash base retainer |
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $308,375 |
| Equity awards (grant-date value) | $398,316 |
| All other compensation | $0 |
| Total cost of the board | $706,691 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Innovative Solutions & Support Inc | 2025 | Shahram Askarpour | $525,000 | $1,019,953 | $196,340 | $750,750 | $2,506,043 |
Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.
| # | Supports | Document | Filed | Accession | Location in document |
|---|---|---|---|---|---|
| 1 | Section 01, Shahram Askarpour | DEF 14A | 2026-03-13 | 0001104659-26-027765 | Section “SUMMARY COMPENSATION TABLE”. As printed: 2,506,043. Filing ↗machine: r1 · c47 · span 412417–412426 |
| 2 | Section 01, Jeffrey DiGiovanni | DEF 14A | 2026-03-13 | 0001104659-26-027765 | Section “SUMMARY COMPENSATION TABLE”. As printed: 881,733. Filing ↗machine: r4 · c47 · span 426967–426974 |
| 3 | Section 03, Jeffrey DiGiovanni RSU | DEF 14A | 2026-03-13 | 0001104659-26-027765 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t12 · r7 · c47 · span 490386–490393 |
| 4 | Section 03, Shahram Askarpour RSU | DEF 14A | 2026-03-13 | 0001104659-26-027765 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t12 · r3 · c47 · span 471820–471827 |
| 5 | Section 03, Shahram Askarpour OPTION | DEF 14A | 2026-03-13 | 0001104659-26-027765 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t12 · r3 · c47 · span 471820–471827 |
| 6 | Section 03, Jeffrey DiGiovanni OPTION | DEF 14A | 2026-03-13 | 0001104659-26-027765 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t12 · r7 · c47 · span 490386–490393 |
| 7 | Section 07, pay ratio | 10-K/A | 2026-01-27 | 0001104659-26-006952 | Section “CEO Pay Ratio”. As printed: —. Filing ↗ |
| 8 | Section 08, Glen R. Bressner | DEF 14A | 2026-03-13 | 0001104659-26-027765 | Section “Director Compensation”. As printed: 162,733. Filing ↗machine: t5 · r2 · c41 · span 238984–238991 |
| 9 | Section 08, Roger A. Carolin | DEF 14A | 2026-03-13 | 0001104659-26-027765 | Section “Director Compensation”. As printed: 145,983. Filing ↗machine: t5 · r4 · c41 · span 247205–247212 |
| 10 | Section 08, Stephen L. Belland | DEF 14A | 2026-03-13 | 0001104659-26-027765 | Section “Director Compensation”. As printed: 138,108. Filing ↗machine: t5 · r3 · c41 · span 243083–243090 |
| 11 | Section 08, Garry Dean | DEF 14A | 2026-03-13 | 0001104659-26-027765 | Section “Director Compensation”. As printed: 132,502. Filing ↗machine: t6 · r2 · c41 · span 261641–261648 |
| 12 | Section 08, Denise L. Devine | DEF 14A | 2026-03-13 | 0001104659-26-027765 | Section “Director Compensation”. As printed: 127,365. Filing ↗machine: t6 · r3 · c41 · span 265834–265841 |
| 13 | Section 08, Shahram Askarpour | DEF 14A | 2026-03-13 | 0001104659-26-027765 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 14 | Section 08, Richard A. Silfen | DEF 14A | 2026-03-13 | 0001104659-26-027765 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 15 | Section 02, Jeffrey DiGiovanni 2026-03-31 | Form 4 | 2026-04-02 | 0001104659-26-039183 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 16 | Section 02, Jeffrey DiGiovanni 2026-04-08 | Form 4 | 2026-04-10 | 0001104659-26-041865 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 17 | Section 02, Richard A. Silfen 2026-04-16 | Form 4 | 2026-04-20 | 0001104659-26-045364 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 18 | Section 02, Roger A. Carolin 2026-04-16 | Form 4 | 2026-04-20 | 0001104659-26-045360 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 19 | Section 02, Denise L. Devine 2026-04-16 | Form 4 | 2026-04-20 | 0001104659-26-045565 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 20 | Section 02, Stephen L. Belland 2026-04-16 | Form 4 | 2026-04-20 | 0001104659-26-045355 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 21 | Section 02, Denise L. Devine 2026-04-16 | Form 4 | 2026-04-20 | 0001104659-26-045565 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 22 | Section 02, Garry Dean 2026-04-16 | Form 4 | 2026-04-20 | 0001104659-26-045403 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 23 | Section 02, Glen R. Bressner 2026-04-16 | Form 4 | 2026-04-20 | 0001104659-26-045359 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 24 | Section 02, Shahram Askarpour 2026-05-18 | Form 4 | 2026-05-20 | 0001104659-26-064647 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 25 | Section 02, Jeffrey DiGiovanni 2026-05-18 | Form 4 | 2026-05-20 | 0001104659-26-064646 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 26 | Section 02, Glen R. Bressner 2026-05-20 | Form 4 | 2026-05-21 | 0001104659-26-065110 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 27 | Section 02, Jeffrey DiGiovanni 2026-06-30 | Form 4 | 2026-07-06 | 0001104659-26-080691 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 28 | Section 02, Jeffrey DiGiovanni 2026-07-08 | Form 4 | 2026-07-10 | 0001104659-26-082559 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 29 | Section 02, Shahram Askarpour 2026-07-14 | Form 4 | 2026-07-15 | 0001104659-26-083936 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 30 | Section 02, Jeffrey DiGiovanni 2026-07-14 | Form 4 | 2026-07-15 | 0001104659-26-083938 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 31 | Section 06, 2026 vote | Form 8-K | 2026-04-17 | 0001104659-26-044887 | Item 5.07 · say-on-pay result. As reported: 99.31% (votes for as printed: 9,224,341). Filing ↗ |
| 32 | Section 06, 2023 vote | Form 8-K | 2023-04-18 | 0001104659-23-046322 | Item 5.07 · say-on-pay result. As reported: 79.88% (votes for as printed: 11,557,883). Filing ↗ |
| 33 | Section 06, 2020 vote | Form 8-K | 2020-04-17 | 0001104659-20-048204 | Item 5.07 · say-on-pay result. As reported: 98.08%. Filing ↗ |
| 34 | Section 01 trend, Δ column (computed) | Computed | — | computed | Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1) |
| 35 | Section 03b vehicle mix (computed) | Computed | — | computed | RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio |
| 36 | Section 09b board cost (computed) | Computed | — | computed | Cash 308,375 + equity 398,316 + all other 0 = 706,691, summed across the director compensation table rows.machine: formula: Σ = 706,691 |
| 37 | Innovative Solutions & Support Inc (subject), Section 10b CEO total | DEF 14A | 2026-03-13 | 0001104659-26-027765 | CEO total compensation as printed in Innovative Solutions & Support Inc's own proxy. As printed: 2,506,043. Filing ↗machine: r1 · c47 · span 412417–412426 |