Smith Alan Leonard 4

What Happened

Alan Leonard Smith, CHRO of Invesco Ltd. (IVZ), had 8,641 restricted stock units (RSUs) convert into common shares on March 13, 2026. The filing shows an acquisition/award of 8,641 shares (RSU conversion) and a related tax withholding where 3,849 shares were surrendered at $23.00 per share for tax payment (totaling $88,527). The RSU conversion is reported as a derivative exercise/conversion; the withholding is reported as a disposition to cover tax liability. Net shares delivered to Smith after withholding were 4,792 (8,641 − 3,849).

Key Details

• Transaction date: 2026-03-13; Filing date: 2026-03-17 (filed within required window).
• Award/conversion: 8,641 RSUs converted to common shares (reported as A and M codes).
• Tax withholding: 3,849 shares withheld at $23.00 each = $88,527 (reported as F code).
• Net delivered to insider: 4,792 shares after withholding.
• Footnotes: F1 — each RSU equals a contingent right to one common share; F2 — RSUs vest in four equal annual installments and expire upon termination.
• Shares owned after the transaction: not specified in the provided filing details.

Context

• This was a standard vesting and tax-withholding event for RSUs, not an open-market purchase or sale intended as a market signal.
• The filing shows conversion/exercise of RSU awards followed by shares withheld to satisfy tax obligations (a common cashless/withholding mechanism).
• No indication in the filing that this insider is a 10% owner or that the filing was late.