Innventure (INV) director Bruce Brown receives 18,237 RSUs as equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Brown Bruce reported acquisition or exercise transactions in this Form 4 filing.
Innventure, Inc. director Bruce Brown received an equity grant of 18,237 shares of common stock in the form of Restricted Stock Units (RSUs). These RSUs were granted under the Innventure, Inc. 2024 Equity and Incentive Compensation Plan as compensation, not through an open-market purchase.
The RSUs vest on the earlier of the first anniversary of the grant date or the next regularly scheduled annual meeting of stockholders of Innventure, Inc. Following this grant, Brown directly holds 69,822 shares of the company’s common stock, reflecting his updated equity stake as a director.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Brown Bruce
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 18,237 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 69,822 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 18,237 shares
Price per share: 0.0000
Shares after transaction: 69,822 shares
+2 more
5 metrics
RSUs granted
18,237 shares
Restricted Stock Units granted to director Bruce Brown
Price per share
0.0000
Reported transaction price per share for RSU grant
Shares after transaction
69,822 shares
Total direct Innventure common stock held by Bruce Brown after grant
Vesting trigger 1
First anniversary of grant date
One of the vesting conditions for the RSUs
Vesting trigger 2
Next annual stockholder meeting
Alternative vesting condition for the RSUs
Key Terms
Restricted Stock Units (RSUs), Innventure, Inc. 2024 Equity and Incentive Compensation Plan, vesting, Grant, award, or other acquisition
4 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.
Innventure, Inc. 2024 Equity and Incentive Compensation Plan financial
"RSUs 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.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What did Innventure (INV) director Bruce Brown report in this Form 4?
Bruce Brown reported receiving a grant of 18,237 Restricted Stock Units (RSUs) of Innventure common stock. The award is part of the Innventure, Inc. 2024 Equity and Incentive Compensation Plan and reflects stock-based compensation rather than an open-market share purchase.
What are the vesting terms of Bruce Brown’s 18,237 Innventure RSUs?
The 18,237 RSUs granted to Bruce Brown vest on the earlier of two events: the first anniversary of the grant date or the next regularly scheduled annual meeting of Innventure stockholders. These time- and event-based conditions govern when the RSUs convert into vested shares.
Was Bruce Brown’s Innventure (INV) transaction an open-market stock purchase?
No, the transaction was not an open-market purchase. The Form 4 shows a grant of 18,237 Restricted Stock Units (RSUs) with a transaction code “A,” indicating a grant, award, or other acquisition of shares as compensation under the company’s equity plan.
Under which plan were Bruce Brown’s Innventure RSUs granted?
Bruce Brown’s 18,237 RSUs were granted under the Innventure, Inc. 2024 Equity and Incentive Compensation Plan. This plan provides stock-based awards such as RSUs to eligible participants, aligning director and executive compensation with Innventure’s long-term equity performance.
Does Bruce Brown pay a purchase price for the 18,237 Innventure RSUs?
The Form 4 reports a transaction price per share of 0.0000 for the 18,237 RSUs. This indicates the RSUs are a stock-based compensation award granted without a cash purchase price, subject to vesting conditions before becoming fully owned shares.