Innventure CFO granted 1,236 milestone shares

Yablunosky David reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Yablunosky David reported acquisition or exercise transactions in this Form 4 filing.

Innventure, Inc. director and executive officer David Yablunosky, the company’s CFO and CAO, received a grant of 1,236 shares of Common Stock on April 17, 2026 at a stated price of $0.00 per share. The award was received upon achievement of a milestone under the company’s Business Combination Agreement. Following this grant, Yablunosky directly holds 543,994 shares of Innventure common stock. The filing notes that this transaction is being reported late due to an administrative error.

Insider Trade Summary

Grant/Award: 1,236 shares

Grant/Award 1 txn

Insider Yablunosky David

Role CFO and CAO

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,236	$0.00	$0.00

Holdings After Transaction: Common Stock — 543,994 shares (Direct)

Footnotes (2)

1. F1. This transaction is being reported late due to an administrative error.
2. F2. Received in connection with the achievement of a milestone pursuant to the Business Combination Agreement (as amended and supplemented or otherwise modified), dated as of October 24, 2023, by and among Innventure, Inc. (the "Issuer") (f/k/a Learn SPAC HoldCo, Inc.), Learn CW Investment Corporation, Innventure LLC, a wholly-owned subsidiary of the Issuer, LCW Merger Sub, Inc., and Innventure Merger Sub, LLC.

Key Figures

Shares granted: 1,236 shares Grant price: $0.00 per share Total holdings after grant: 543,994 shares +1 more

4 metrics

Shares granted 1,236 shares Common Stock award on April 17, 2026

Grant price $0.00 per share Stated transaction price for awarded shares

Total holdings after grant 543,994 shares Direct Innventure common stock held by Yablunosky after transaction

Transactions acquiring shares 1 transaction Non-derivative grant/award acquisition reported in Form 4

Key Terms

Business Combination Agreement, milestone, grant, award, or other acquisition, Common Stock

4 terms

Business Combination Agreement financial

"Received in connection with the achievement of a milestone pursuant to the Business Combination Agreement"

A business combination agreement is a detailed contract that lays out the terms for two companies to join together—covering price, how ownership will be split, the steps needed to close the deal, and what each side promises to do or avoid before closing. For investors it matters because the agreement determines potential changes in value, control, timing, and risk exposure—think of it like the playbook for a merger that shows who wins, who pays, and what could still derail the plan.

milestone financial

"Received in connection with the achievement of a milestone pursuant to the Business Combination Agreement"

grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition"

Common Stock financial

"security_title": "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Innventure (INV) report for David Yablunosky?

Innventure reported that CFO and CAO David Yablunosky received a grant of 1,236 shares of common stock. The shares were awarded at a stated price of $0.00 per share in connection with a milestone under the company’s Business Combination Agreement.

How many Innventure (INV) shares does David Yablunosky hold after this Form 4?

After the reported grant, David Yablunosky directly holds 543,994 shares of Innventure common stock. This total reflects the addition of 1,236 shares awarded on April 17, 2026, in connection with a milestone under the Business Combination Agreement.

What was the price per share for the Innventure (INV) stock granted to David Yablunosky?

The 1,236 Innventure common shares granted to David Yablunosky carried a stated transaction price of $0.00 per share. This indicates a compensatory award rather than an open-market purchase, tied to achievement of a milestone under the Business Combination Agreement.

Why did Innventure’s Form 4 for David Yablunosky mention a late filing?

The Form 4 states that the transaction is being reported late due to an administrative error. This means the underlying grant occurred earlier, on April 17, 2026, but the required insider ownership report was not filed promptly at that time.

What agreement triggered the Innventure (INV) share grant to David Yablunosky?

The grant was received in connection with achieving a milestone under the Business Combination Agreement dated October 24, 2023. That agreement involved Innventure, Inc., Learn CW Investment Corporation, Innventure LLC, LCW Merger Sub, Inc., and Innventure Merger Sub, LLC.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/01/2026 - 07:01 PM EDT Learn about SEC filing dates

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

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Yablunosky David

(Last) (First) (Middle)

6900 TAVISTOCK LAKES BLVD, SUITE 400

(Street)

ORLANDO FLORIDA 32827

(City) (State) (Zip)

UNITED STATES

(Country)

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
X	Officer (give title below)		Other (specify below)
	CFO and CAO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/17/2026

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

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

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

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	04/17/2026(1)		A		1,236	A	(2)	543,994	D

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. This transaction is being reported late due to an administrative error.

2. Received in connection with the achievement of a milestone pursuant to the Business Combination Agreement (as amended and supplemented or otherwise modified), dated as of October 24, 2023, by and among Innventure, Inc. (the "Issuer") (f/k/a Learn SPAC HoldCo, Inc.), Learn CW Investment Corporation, Innventure LLC, a wholly-owned subsidiary of the Issuer, LCW Merger Sub, Inc., and Innventure Merger Sub, LLC.

Remarks:

	/s/ Suzanne Niemeyer, Attorney-in-Fact	05/01/2026
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)