2024 Employee Ownership Initiative Award

Van Le (right) receives inaugural IS4S Employee Ownership Initiative Award from CEO & President, Glenn Rolader (left).

The IS4S board of directors established the Employee Ownership Initiative Award to recognize IS4S employees who go above and beyond in exemplifying IS4S values. This award will be made, as deemed warranted, to deserving employees who stand out among their peers for personifying the principles and values of employee ownership.  

The first Employee Ownership Initiative Award recipient is Mr. Van Le, who was recognized during the most recent board meeting for his investment in developing employee equity management software. During the holiday season, when many of us were taking time off to enjoy being with family, Van used his time off to develop software that allows individual employees and the corporate stock administrator to keep track of IS4S stock ownership.  

Employees can use this software to access their ownership records and vesting schedules individually and submit buy and sell requests during the notification period. The corporate stock administrator can use the software to approve and execute purchases and sales and to issue shares as various forms of stock compensation (e.g., performance bonuses, execution bonuses, etc.). The software will also enable employees to access historical stock price data, the company’s current market capitalization, and other valuable data.  

This software application will be rolled out to IS4S employees later this year and may become a product offering to other similarly structured companies. Congratulations to Van Le on being the recipient of the inaugural IS4S Employee Ownership Initiative Award.