Stock grant replaces cash fees for Innventure (INV) board director

Rhea-AI Filing Summary

Williams Elizabeth Suzanne reported acquisition or exercise transactions in this Form 4 filing.

Innventure, Inc. director Elizabeth Suzanne Williams reported receiving a grant of 3,197 shares of fully vested common stock at $3.91 per share. This was compensation under Innventure’s Second Amended and Restated Non-Management Director Compensation Plan.

According to the filing footnote, Williams elected to take these shares instead of 50% of the cash retainers she would have received for serving as a director during the first calendar quarter of 2026. Following this award, her direct holdings increased to 32,879 Innventure common shares.

Insider Trade Summary 10b5-1

1 transaction reported

Mixed 1 txn

Insider Williams Elizabeth Suzanne

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	3,197	$3.91	$13K

Holdings After Transaction: Common Stock — 32,879 shares (Direct)

Footnotes (1)

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Key Figures

Shares granted: 3,197 shares Grant price: $3.91 per share Shares owned after grant: 32,879 shares

3 metrics

Shares granted 3,197 shares Fully vested common stock granted under director compensation plan

Grant price $3.91 per share Value used for the common stock award

Shares owned after grant 32,879 shares Director’s direct Innventure common stock holdings following the transaction

Key Terms

Non-Management Director Compensation Plan, fully vested common stock, cash retainers

3 terms

Non-Management Director Compensation Plan financial

"received by the Reporting Person under the Second Amended and Restated Innventure, Inc. Non-Management Director Compensation Plan"

fully vested common stock financial

"Fully vested common stock, par value $0.0001 per share, of Innventure, Inc."

cash retainers financial

"in lieu of 50% of the cash retainers that would have otherwise been paid"

Form 4 Insider Transactions: What Each Field Means →

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).

X

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^*

Williams Elizabeth Suzanne

(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
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026

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	03/31/2026		A		3,197(1)	A	$3.91	32,879	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. Fully vested common stock, par value $0.0001 per share, of Innventure, Inc. received by the Reporting Person under the Second Amended and Restated Innventure, Inc. Non-Management Director Compensation Plan (the "Plan") resulting from the Reporting Person's election under the Plan, in lieu of 50% of the cash retainers that would have otherwise been paid to the Reporting Person pursuant to the Plan during the first calendar quarter of 2026.

Remarks:

	/s/ Suzanne Niemeyer, Attorney-in-Fact	04/02/2026
	** 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)

FAQ

What did Innventure (INV) director Elizabeth Suzanne Williams report on this Form 4?

Elizabeth Suzanne Williams reported receiving 3,197 shares of Innventure common stock as a fully vested equity grant. The shares were issued under the company’s Non-Management Director Compensation Plan as part of her board compensation for the first quarter of 2026.

How many Innventure (INV) shares did Elizabeth Suzanne Williams receive and at what price?

Williams received 3,197 shares of Innventure common stock valued at $3.91 per share. This equity award was issued as fully vested stock and represents part of her director compensation in place of a portion of her regular cash retainers for early 2026.

Was the Innventure (INV) Form 4 transaction an open-market purchase or a compensation grant?

The Form 4 reports a compensation grant, not an open-market purchase. The 3,197 Innventure shares were awarded under the Non-Management Director Compensation Plan after Williams elected to receive stock instead of 50% of her cash retainers for the first quarter of 2026.

How did this stock award change Elizabeth Suzanne Williams’ Innventure (INV) holdings?

After the 3,197-share award, Williams’ direct ownership in Innventure rose to 32,879 common shares. This reflects only her direct holdings reported in the filing and results from receiving fully vested stock in lieu of part of her normal cash director fees.

Why did Innventure (INV) grant stock to its director instead of paying full cash retainers?

Under Innventure’s Non-Management Director Compensation Plan, directors may elect to receive stock instead of some cash fees. Williams chose to receive fully vested shares in place of 50% of the cash retainers otherwise payable for her board service in the first quarter of 2026.