Innventure (NASDAQ: INV) director receives 2,561-share RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hewitt John D. reported acquisition or exercise transactions in this Form 4 filing.
Innventure, Inc. director John D. Hewitt received an equity award of 2,561 shares of common stock in the form of Restricted Stock Units (RSUs) at no cash cost to him. These RSUs were granted under the Innventure, Inc. 2024 Equity and Incentive Compensation Plan.
The RSUs vest on the earlier of the first anniversary of the grant date or the next regularly scheduled annual meeting of stockholders. After this grant, Hewitt holds 2,561 shares of common stock directly, reflecting a routine compensation-related award rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hewitt John D.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,561 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 2,561 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 2,561 shares
Grant price: $0.00 per share
Shares owned after grant: 2,561 shares
3 metrics
RSUs granted
2,561 shares
Restricted Stock Units granted to director on grant date
Grant price
$0.00 per share
Stated price for RSU award
Shares owned after grant
2,561 shares
Total common stock directly held following transaction
Key Terms
Restricted Stock Units (RSUs), 2024 Equity and Incentive Compensation Plan, vesting
3 terms
Restricted Stock Units (RSUs) financial
"Restricted Stock Units (RSUs) granted to the Reporting Person under the Innventure, Inc. 2024 Equity and Incentive Compensation Plan"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
2024 Equity and Incentive Compensation Plan financial
"granted to the Reporting Person under the Innventure, Inc. 2024 Equity and Incentive Compensation Plan"
vesting financial
"and vesting on the earlier of (a) the first anniversary of the date of grant and (b) the next regularly scheduled annual meeting"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transaction did Innventure (INV) report for John D. Hewitt?
Innventure reported that director John D. Hewitt received 2,561 shares of common stock as a Restricted Stock Unit (RSU) grant. This was a compensation-related award at no cash cost, increasing his direct holdings to 2,561 shares after the transaction.
At what price were the Innventure (INV) RSUs granted to John D. Hewitt?
The 2,561 Restricted Stock Units (RSUs) granted to John D. Hewitt had a stated price of $0.00 per share. This reflects that the award was part of his compensation package, not an open-market purchase using his personal funds.
When do John D. Hewitt’s Innventure (INV) RSUs vest?
The RSUs granted to John D. Hewitt vest on the earlier of the first anniversary of the grant date or the next regularly scheduled annual meeting of Innventure stockholders. Vesting means the RSUs convert into shares he fully owns at that time.
Under which plan were John D. Hewitt’s Innventure (INV) RSUs granted?
John D. Hewitt’s 2,561 RSUs were granted under the Innventure, Inc. 2024 Equity and Incentive Compensation Plan. This plan provides equity-based awards to directors and other participants as part of their overall compensation structure.