Is the INNIO (INIO) share purchase by Banks Lee C an open-market transaction?

Yes. The filing classifies the 37,037-share purchase as an open-market transaction at $27.00 per share. This means the trust acquired shares in the market rather than through a company equity award program.

INNIO (INIO) director adds stake with share purchase and RSU grant

Filing Impact

(High)

Filing Sentiment

(Positive)

Form Type

Rhea-AI Filing Summary

INNIO N.V. director Banks Lee C increased his exposure to the company on June 5, 2026. A trust associated with him bought 37,037 Common Shares in an open-market purchase at $27.00 per share, which are held indirectly.

On the same date, he also directly received an award of 44,445 restricted stock units (RSUs), each representing one Common Share. These RSUs will vest 50% on each of the first two anniversaries of the grant date, aligning compensation with future company performance.

Insider Trade Summary

Net Buyer: 37,037 shares ($999,999)

Net Buy 2 txns

Insider BANKS LEE C

Role null

Bought 37,037 shs ($1000K)

Type	Security	Shares	Price	Value
Grant/Award	Common Shares	44,445	$0.00	--
Purchase	Common Shares	37,037	$27.00	$1000K

Holdings After Transaction: Common Shares — 44,445 shares (Direct, null); Common Shares — 37,037 shares (Indirect, By Trust)

Footnotes (1)

[object Object]

Key Figures

Open-market purchase: 37,037 shares Purchase price: $27.00 per share RSU grant size: 44,445 RSUs +3 more

6 metrics

Open-market purchase 37,037 shares Common Shares bought at $27.00 on June 5, 2026

Purchase price $27.00 per share Price for 37,037 Common Shares bought by trust

RSU grant size 44,445 RSUs Award of restricted stock units to director on grant date

RSU vesting schedule 50% on each of first two anniversaries Vesting terms for 44,445 RSUs

Indirect holdings after purchase 37,037 shares Common Shares held indirectly by trust following transaction

Direct RSU-related holding 44,445 units RSUs directly owned by director after grant

Key Terms

restricted stock units ("RSUs"), open-market purchase, grant, award, or other acquisition, Common Shares, +1 more

5 terms

restricted stock units ("RSUs") financial

"Represents an award of restricted stock units ("RSUs"), each of which represents a contingent right"

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

open-market purchase financial

"transaction_action": "open-market purchase""

An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.

grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

Common Shares financial

"each of which represents a contingent right to receive one Common Share"

Common shares are the basic units of ownership in a company that give holders a claim on profits and a right to vote on key matters, like electing the board. Think of them as membership cards in a club: they let you share in successes and losses, but in a bankruptcy or liquidation they are paid after creditors and preferred shareholders, so their value can swing more and matters for assessing risk and potential return.

By Trust financial

"direct_or_indirect": "I", "nature_of_ownership": "By Trust""

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Form 4 Insider Transactions: What Each Field Means →

06/08/2026 - 04:00 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

BANKS LEE C

(Last)

(First)

(Middle)

NYMPHENBURGER STRASSE 5

(Street)

MUNICH

GERMANY

80335

(City)

(State)

(Zip)

GERMANY

(Country)

2. Issuer Name and Ticker or Trading Symbol
INNIO N.V. [ INIO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/05/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Shares	06/05/2026		A		44,445⁽¹⁾	A	$0	44,445	D
Common Shares	06/05/2026		P		37,037	A	$27	37,037	I	By Trust

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Represents an award of restricted stock units ("RSUs"), each of which represents a contingent right to receive one Common Share. The RSUs will vest 50% on each of the first two anniversaries of the grant date.

	/s/ Laura Pacey, Attorney-in-Fact	06/08/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did INNIO (INIO) director Banks Lee C report?

Banks Lee C reported two transactions: an open-market purchase of 37,037 INNIO Common Shares at $27.00 per share and a grant of 44,445 restricted stock units that convert into Common Shares as they vest.

How many INNIO (INIO) shares did the trust associated with Banks Lee C buy?

A trust associated with Banks Lee C bought 37,037 INNIO Common Shares at $27.00 per share. These shares are reported as indirectly owned, reflecting the trust structure rather than direct personal ownership.

What are the details of the RSU grant to INNIO (INIO) director Banks Lee C?

Banks Lee C received 44,445 restricted stock units, each representing one INNIO Common Share. The RSUs vest 50% on each of the first two anniversaries of the grant date, creating a two-year vesting schedule tied to continued service.

How are the INNIO (INIO) RSUs for Banks Lee C structured for vesting?

The 44,445 RSUs vest in two equal installments. Half of the units vest on the first anniversary of the grant date and the remaining half on the second anniversary, supporting a staggered, time-based compensation structure.