InnovAge Holding Corp. (INNV) reports 19,401-share tax withholding by CLO
Rhea-AI Filing Summary
InnovAge Holding Corp. reported that Chief Legal Officer Nicole Damato had 19,401 shares of common stock withheld on July 15, 2026 to satisfy tax obligations arising from the vesting and settlement of restricted stock units, at $11.58 per share. After this tax-withholding disposition, she directly owns 277,342 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 19,401 shares
Net Sell
1 txn
Insider
DAMATO NICOLE
Role
CHIEF LEGAL OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, $0.001 par value F1 | 19,401 | $11.58 | $225K |
Holdings After Transaction:
Common Stock, $0.001 par value — 277,342 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: 19,401 shares
Price per share for withholding: $11.58 per share
Shares owned after transaction: 277,342 shares
+1 more
4 metrics
Shares withheld for taxes
19,401 shares
Tax-withholding disposition on July 15, 2026 related to RSU vesting
Price per share for withholding
$11.58 per share
Value used for shares withheld for tax obligations
Shares owned after transaction
277,342 shares
Direct common stock ownership following tax-withholding disposition
Tax-withholding transactions in filing
1 transaction
Count of F-code tax-withholding dispositions reported
Key Terms
restricted stock units, tax-withholding disposition, Common Stock, $0.001 par value
3 terms
restricted stock units financial
"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.
tax-withholding disposition financial
"transaction classified as a tax-withholding disposition"
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.
Common Stock, $0.001 par value financial
"security titled Common Stock, $0.001 par value"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
Was the InnovAge (INNV) insider transaction made under a Rule 10b5-1 plan?
The Rule 10b5-1 checkbox was not marked, indicating the July 15, 2026 tax-withholding transaction was not reported as executed under a pre-arranged Rule 10b5-1 trading plan and instead reflects routine share withholding for employee tax obligations.