Estate of Hedrick Amends Innovative Solutions & Support Ownership

TL;DR

**Estate of Geoffrey S. M. Hedrick just updated its ownership stake in Innovative Solutions & Support Inc. via an SC 13D/A.**

AI Summary

Christopher Scott Ginieczki, as the personal representative of the Estate of Geoffrey S. M. Hedrick, filed an SC 13D/A Amendment No. 4 on February 26, 2024, regarding their beneficial ownership in Innovative Solutions & Support Inc. The filing updates information related to the Estate's holdings, with the subject company being Innovative Solutions & Support Inc. (CIK: 0000836690) and the filing entity being the Estate of Geoffrey S. M. Hedrick (CIK: 0001959736).

Why It Matters

This filing updates the public record on a significant shareholder's holdings, providing transparency on the ownership structure of Innovative Solutions & Support Inc. following the passing of Geoffrey S. M. Hedrick.

Risk Assessment

Risk Level: low — This is an amendment to a Schedule 13D, indicating a change in beneficial ownership information rather than a new, aggressive stake.

Key Players & Entities

• Christopher Scott Ginieczki (person) — Personal Representative of the Estate of Geoffrey S. M. Hedrick
• Geoffrey S. M. Hedrick (person) — Deceased, whose estate is the filing entity
• Estate of Geoffrey S. M. Hedrick (company) — Filing entity
• Innovative Solutions & Support Inc. (company) — Subject company
• 06 Technology (company) — Organization name associated with the subject company

FAQ

Key Financial Figures

• $0.001 — ame of Issuer) Common Stock, par value $0.001 per share (Title of Class of Securiti

Filing Documents

• tm247249d1_sc13da.htm (SC 13D/A) — 119KB
• tm247249d1_ex99-1.htm (EX-99.1) — 5KB
• 0001104659-24-027599.txt ( ) — 125KB

Purpose of Transaction

Item 4. Purpose of Transaction.

of the Schedule 13D is hereby amended by adding the following

Item 4 of the Schedule 13D is hereby amended by adding the following immediately at the end thereof: This Amendment No. 4 reports a decrease in the Reporting Persons percentage of beneficial ownership of the outstanding shares of Common Stock of the Issuer since the date of Amendment No. 3.

Interest in Securities of the Issuer

Item 5. Interest in Securities of the Issuer. Paragraphs (a), (b) and (c) of Item 5 of the Schedule 13D are hereby deleted in their entirety and replaced with the following: (a)-(b) The Reporting Persons may be deemed to beneficially own 1,043,042 shares of Common Stock of the Issuer, which represent approximately 5.97% of the outstanding Common Stock of the Issuer, based on 17,459,983 shares of Common Stock of the Issuer outstanding as of as of February 1, 2024, as reported in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended December 31, 2023. The Reporting Persons have shared voting and dispositive power over the 1,043,042 shares of Common Stock of the Issuer, which were previously owned directly by Mr. Hedrick prior to his death and are now owned by the Estate. In addition, Mr. Ginieczki may be deemed to share voting and dispositive power over 20,948 shares of Common Stock of the Issuer that are held by the Ginieczki Family Trust, of which Mr. Ginieczki is a co-trustee. (c) During the past sixty (60) days, the Estate sold an aggregate of 478,525 shares of Common Stock of the Issuer in open market transactions as follows: Date of Sale Number of Shares Price Per Share ($) (1) Price Range Per Share ($) 12/29/2023 7,600 8.52 * 8.50 - 8.59 1/2/2024 3,362 8.52 * 8.45 - 8.605 1/3/2024 607 8.30 — 1/4/2024 5,563 8.35 * 8.30 - 8.40 1/16/2024 800 8.20 — 1/17/2024 173 8.15 — 1/18/2024 8,941 8.17 * 8.15 - 8.24 1/19/2024 3,507 8.17 * 8.15 - 8.22 1/22/2024 6,539 8.16 * 8.15 - 8.23 1/23/2024 5,411 8.17 * 8.15 - 8.245 1/29/2024 409 8.16 * 8.15 - 8.205 1/30/2024 1,002 8.16 * 8.15 - 8.18 1/31/2024 824 8.15 — 2/1/2024 6,146 8.169 * 8.15 - 8.255 2/2/2024 12,541 8.184 * 8.15 - 8.265 2/5/2024 14,269 8.168 * 8.15 - 8.235 2/6/2024 30,000 8.172 * 8.15 - 8.30 2/7/2024 6,442 8.167 * 8.15 - 8.255 2/8/2024 4,964 8.157 * 8.15 - 8.20 2/9/2024

Material to be Filed

Item 7. Material to be Filed as Exhibits. Exhibit 99.1 Joint Filing Agreement, dated as of February 26, 2024, between the Estate of Geoffrey S. M. Hedrick and Christopher Scott Ginieczki, as Personal Representative of the Estate of Geoffrey S. M. Hedrick.

SIGNATURES

SIGNATURES After reasonable inquiry and to the best of each of the undersigned’s knowledge and belief, each of the undersigned certify that the information set forth in this statement is true, complete and correct. Dated: February 26, 2024 Estate of Geoffrey S. M. Hedrick By: /s/ Christopher Scott Ginieczki Name: Christopher Scott Ginieczki Title: Personal Representative of the Estate of Geoffrey S. M. Hedrick /s/ Christopher Scott Ginieczki Christopher Scott Ginieczki, as Personal Representative of the Estate of Geoffrey S. M. Hedrick

View Full Filing

View this SC 13D/A filing on SEC EDGAR