InnovAge (INNV) CEO has 14,453 shares withheld for taxes on RSU vesting
Rhea-AI Filing Summary
InnovAge Holding Corp. chief executive officer Patrick T. Blair reported a tax-withholding disposition of 14,453 shares of common stock on July 16, 2026, at $11.87 per share. The shares were withheld to cover taxes upon restricted stock unit vesting, leaving him with 672,650 directly held shares and no open-market sale.
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Insights
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Insider Trade Summary
Net Seller: 14,453 shares
Net Sell
1 txn
Insider
BLAIR PATRICK T
Role
CHIEF EXECUTIVE OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, $0.001 par value F1 | 14,453 | $11.87 | $172K |
Holdings After Transaction:
Common Stock, $0.001 par value — 672,650 shares (Direct)
Footnotes (1)
- F1. Represents shares withheld to satisfy the Reporting Person's tax obligations in connection with the vesting and settlement of restricted stock units.
Key Figures
Shares withheld for taxes: 14,453 shares
Tax-withholding price: $11.87 per share
Shares held after transaction: 672,650 shares
3 metrics
Shares withheld for taxes
14,453 shares
Shares withheld to satisfy tax obligations on RSU vesting on July 16, 2026
Tax-withholding price
$11.87 per share
Value used for the 14,453-share tax-withholding disposition
Shares held after transaction
672,650 shares
Direct InnovAge common stock holdings of Patrick T. Blair following the withholding
Key Terms
tax-withholding disposition, restricted stock units, par value
3 terms
tax-withholding disposition financial
"reported a tax-withholding disposition of 14,453 shares of common stock"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
restricted stock units financial
"in connection with the vesting and settlement of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
par value financial
"Common Stock, $0.001 par value"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did InnovAge (INNV) report for CEO Patrick T. Blair?
CEO Patrick T. Blair reported a tax-withholding disposition of 14,453 shares of InnovAge common stock. These shares were withheld to cover taxes due on the vesting of restricted stock units, not sold in the open market.
Was the InnovAge (INNV) CEO’s Form 4 transaction an open-market sale?
No, the transaction was not an open-market sale. The 14,453 shares were withheld by the company solely to satisfy Patrick T. Blair’s tax obligations arising from the vesting and settlement of restricted stock units.
What triggered the tax-withholding transaction reported by InnovAge (INNV) for its CEO?
The transaction was triggered by the vesting and settlement of restricted stock units granted to CEO Patrick T. Blair. To cover the resulting tax obligations, 14,453 shares of InnovAge common stock were withheld instead of Blair receiving all vested shares in stock.