InnovAge (INNV) awards director 8,539 RSUs vesting in 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ZORETIC RICHARD C reported acquisition or exercise transactions in this Form 4 filing.
InnovAge Holding Corp. reported that director Richard C. Zoretic received a grant of 8,539 Restricted Stock Units, which will be settled in common stock. These RSUs vest in full on June 30, 2027, contingent on his continued service. After this award, he directly holds 102,349 shares, reflecting routine equity-based compensation rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
ZORETIC RICHARD C
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $0.001 par value | 8,539 | $0.00 | -- |
Holdings After Transaction:
Common Stock, $0.001 par value — 102,349 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 8,539 units
Total holdings after transaction: 102,349 shares
RSU grant price: $0.0000 per share
+1 more
4 metrics
RSUs granted
8,539 units
Grant of Restricted Stock Units to director Richard C. Zoretic
Total holdings after transaction
102,349 shares
Direct InnovAge common stock holdings following the RSU award
RSU grant price
$0.0000 per share
Indicates a compensation grant, not a market purchase
Vesting date
June 30, 2027
RSUs vest in full on this date, subject to continued service
Key Terms
Restricted Stock Units ("RSUs"), vest in full, grant/award acquisition
3 terms
Restricted Stock Units ("RSUs") financial
"Represents Restricted Stock Units ("RSUs") which will be settled in shares of common stock"
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.
vest in full financial
"and will vest in full on June 30, 2027, subject to the Reporting Person's continued service"
grant/award acquisition financial
"transaction_action": "grant/award acquisition""
FAQ
What did InnovAge (INNV) disclose about director Richard C. Zoretic in this Form 4?
InnovAge reported that director Richard C. Zoretic received 8,539 Restricted Stock Units as equity compensation. These units will convert into common shares upon vesting, aligning his interests with shareholders through stock-based rewards instead of cash transactions.
How many RSUs did InnovAge (INNV) grant to Richard C. Zoretic and when do they vest?
InnovAge granted Richard C. Zoretic 8,539 Restricted Stock Units that vest in full on June 30, 2027. Vesting is conditioned on his continued service with the company, encouraging long-term board involvement and alignment with the company’s multi-year performance.
What are Restricted Stock Units (RSUs) in the InnovAge (INNV) Form 4?
In this filing, RSUs are promises to deliver InnovAge common shares in the future, subject to vesting conditions. Zoretic’s 8,539 RSUs will convert into shares if he remains in service through June 30, 2027, linking his compensation to future company performance.