InnovAge Holding Corp. (INNV) director granted 8,539 RSUs vesting in 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
InnovAge Holding Corp. director Teresa Sparks received an equity award in the form of restricted stock units. She acquired 8,539 RSUs that will be settled in shares of common stock and vest in full on June 30, 2027, subject to her continued service with the company. After this grant, she holds 67,665 shares of common stock directly, showing this is a routine compensation-related award rather than an open-market stock purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sparks Teresa
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 — 67,665 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 8,539 RSUs
Shares held after transaction: 67,665 shares
Grant price per share: $0.0000 per share
+1 more
4 metrics
RSUs granted
8,539 RSUs
Equity award to director Teresa Sparks
Shares held after transaction
67,665 shares
Common stock directly owned following grant
Grant price per share
$0.0000 per share
Indicates compensation grant, not market purchase
RSU vesting date
June 30, 2027
RSUs vest in full subject to continued service
Key Terms
Restricted Stock Units ("RSUs"), vest in full, continued service
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
"will vest in full on June 30, 2027, subject to the Reporting Person's continued service"
continued service financial
"will vest in full on June 30, 2027, subject to the Reporting Person's continued service"
FAQ
What did InnovAge (INNV) director Teresa Sparks report in this Form 4?
Teresa Sparks reported receiving 8,539 restricted stock units as an equity award. These RSUs are a form of stock-based compensation that convert into InnovAge common shares when they vest, rather than an open-market purchase or sale.
When do Teresa Sparks’s InnovAge RSUs from this filing vest?
The 8,539 restricted stock units granted to Teresa Sparks vest in full on June 30, 2027. Vesting is conditioned on her continued service with InnovAge through that date, after which the units will settle in common stock.
What type of security did InnovAge grant to Teresa Sparks in this Form 4?
InnovAge granted Teresa Sparks restricted stock units, or RSUs, tied to its common stock. These RSUs will later settle into shares if she continues serving the company through the stated June 30, 2027 vesting date.