[Form 4] Innventure, Inc. Insider Trading Activity

Rhea-AI Filing Summary

James O. Donnally, Director of Innventure, reported significant insider transactions and holdings on June 28, 2025. Key details include:

• Acquired 22,305 Restricted Stock Units (RSUs) on June 25, 2025, at $0 cost, which vest on the earlier of first grant anniversary or next annual stockholder meeting
• Directly owns 29,682 shares of common stock
• Indirectly controls 1,500,431 shares through the James O. Donnally Revocable Trust
• Has indirect interest in 4,680,272 shares through Glockner Family Venture Fund, where he owns 25% and serves as Managing Member of Bellringer Consulting Group (general partner)

Total beneficial ownership amounts to approximately 6.2 million shares, combining direct and indirect holdings. Notable is his substantial indirect control through trust arrangements and investment vehicles, though he disclaims beneficial ownership of Glockner Fund shares except for his pecuniary interest.

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

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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^*

Donnally James O

(Last) (First) (Middle)

6900 TAVISTOCK LAKES BLVD, SUITE 400

(Street)

ORLANDO FL 32827

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Innventure, Inc. [ INV ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
06/25/2025

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

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

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

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/25/2025		A		22,305(1)	A	$0	29,682	D
Common Stock								4,680,272	I	See footnote(2)
Common Stock								1,500,431	I	See footnote(3)

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Restricted Stock Units ("RSUs") granted to the Reporting Person under the Innventure, Inc. 2024 Equity and Incentive Compensation Plan, and vesting on the earlier of (a) the first anniversary of the date of grant and (b) the next regularly scheduled annual meeting of stockholders of Innventure, Inc. (the "Issuer").

2. Represents shares of the Issuer's common stock, par value $0.0001 per share ("Common Stock"), held directly by the Glockner Family Venture Fund (the "Glockner Fund"). The Reporting Person is a 25% owner of the Glockner Fund and is a 25% owner and the Managing Member of Bellringer Consulting Group, LLC ("Bellringer"), the general partner of the Glockner Fund. The Reporting Person has no authority over the Glockner Fund's decision-making with respect to equity or debt investments in the Issuer and disclaims beneficial ownership of the shares reported herein except to the extent of his pecuniary interest therein, if any. The inclusion of these shares in this report shall not be deemed an admission that the Reporting Person is a beneficial owner of the securities reported in this filing for purposes of Section 16 of the Exchange Act of 1934 (the "Exchange Act").

3. Reflects shares of Common Stock held directly by the James O. Donnally Revocable Trust (the "Donnally Trust"). The Reporting Person has voting and investment power over the shares of Common Stock held by the Donnally Trust.

	/s/ Suzanne Niemeyer, Attorney-in-Fact	06/27/2025
	** 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).
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FAQ

How many INV shares did James O. Donnally acquire on June 25, 2025?

James O. Donnally acquired 22,305 restricted stock units (RSUs) of INV common stock on June 25, 2025, granted under the Innventure, Inc. 2024 Equity and Incentive Compensation Plan.

What is the vesting schedule for INV's RSUs granted to James Donnally?

The RSUs vest on the earlier of (a) the first anniversary of the grant date or (b) the next regularly scheduled annual meeting of stockholders of Innventure, Inc.

How many INV shares does James Donnally own through the Glockner Family Venture Fund?

The Glockner Family Venture Fund holds 4,680,272 shares of INV common stock. Donnally has a 25% ownership in the fund and is a 25% owner and Managing Member of Bellringer Consulting Group, LLC, the fund's general partner.

What is James Donnally's total INV share ownership as of June 25, 2025?

Following the transaction, James Donnally owns 29,682 shares directly, 4,680,272 shares indirectly through the Glockner Family Venture Fund, and 1,500,431 shares through the James O. Donnally Revocable Trust, totaling approximately 6,210,385 shares.

What is James Donnally's role at INV?

According to the Form 4 filing, James O. Donnally serves as a Director of Innventure, Inc. (INV).