Innventure Board Member Hennessy Expands Stake with Annual Stock Grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Director Daniel J. Hennessy of Innventure reported the acquisition of 22,305 Restricted Stock Units (RSUs) on June 25, 2025. The RSUs were granted under the company's 2024 Equity and Incentive Compensation Plan at a price of $0.
Key details of the transaction:
- The RSUs will vest on the earlier of: (a) first anniversary of grant date or (b) next regularly scheduled annual stockholders meeting
- Following the transaction, Hennessy directly owns 1,199,944 shares of common stock
- The filing was signed by Suzanne Niemeyer as attorney-in-fact on June 27, 2025
This equity grant appears to be part of the director compensation program, aligning the director's interests with those of shareholders through stock ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
HENNESSY DANIEL J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 22,305 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 1,199,944 shares (Direct)
Footnotes (1)
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FAQ
What is the vesting schedule for INV's RSUs granted to Director Hennessy?
The RSUs will 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.
What was the purchase price of INV RSUs granted to Hennessy in the Form 4 filing?
The RSUs were granted at $0 cost to Daniel Hennessy as part of his compensation as a director of Innventure, Inc.
What is Daniel Hennessy's role at INV according to the Form 4?
According to the Form 4 filing, Daniel Hennessy serves as a Director of Innventure, Inc. (INV), as indicated by the 'X' marked in the Director box under the Relationship of Reporting Person(s) to Issuer section.