INV Form 4: Yablunosky Withholds 27,276 Shares to Cover RSU Taxes

Rhea-AI Filing Summary

Insider sale tied to RSU vesting at Innventure, Inc. (INV) David Yablunosky, who serves as CFO, CAO and a director, reported a disposition of 27,276 shares of Innventure common stock on 07/23/2025 at a reported price of $4.92 per share. After the reported transaction he beneficially owned 308,790 shares directly. The filing states the shares were withheld to satisfy tax withholding related to the partial vesting of restricted stock units. The Form 4 was signed by an attorney-in-fact on 08/27/2025 and notes the filing was submitted late due to an administrative error.

Positive

• Transaction disclosed with explanation that shares were withheld for tax withholding on RSU vesting
• Post-transaction ownership of 308,790 shares is reported, providing transparency on insider holdings

Negative

• Late filing acknowledged: transaction is reported late due to an administrative error

Insights

Securities Analyst

TL;DR: A routine RSU-related withholding led to a reported disposition; ownership remains material.

The reported disposal of 27,276 shares appears to be a non-discretionary withholding to cover taxes on partially vested restricted stock units, not an open-market sell. The transaction code "F" and the explanatory note confirm tax withholding treatment. Post-transaction direct ownership of 308,790 shares remains substantial for a company of Innventure's reported scale. The late filing is an administrative compliance issue but does not change the economic nature of the transaction as described in the Form 4.

Corporate Governance Expert

TL;DR: Disclosure reflects standard executive equity administration, but late reporting is a governance lapse.

The filing documents a common internal administration event: shares withheld to satisfy tax obligations on RSU vesting. Such withholding reduces outstanding executive-held shares without indicating active divestiture intent. However, the admission that the Form 4 was filed late for administrative reasons highlights a lapse in timely SEC reporting procedures, which is relevant to board oversight and insider reporting controls.

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
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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 FL 32827

(City) (State) (Zip)

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

3. Date of Earliest Transaction (Month/Day/Year)
07/23/2025

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

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

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

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	07/23/2025(1)		F		27,276(2)	D	$4.92	308,790	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. Shares withheld to cover tax withholding obligations in connection with the partial vesting of the restricted stock units.

	/s/ Suzanne Niemeyer, Attorney-In-Fact	08/27/2025
	** 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.

FAQ

What insider transaction did David Yablunosky file for INV?

He reported a disposition of 27,276 shares on 07/23/2025 at a price of $4.92 per share.

Why were the shares disposed according to the Form 4 for INV?

The filing states the shares were withheld to cover tax withholding obligations related to the partial vesting of restricted stock units.

How many Innventure (INV) shares does Yablunosky own after the transaction?

The Form 4 reports he beneficially owned 308,790 shares following the reported transaction.

Was the Form 4 for the INV transaction filed on time?

No. The form notes the transaction was reported late due to an administrative error.

Who signed the Form 4 for David Yablunosky?

The Form 4 was signed by Suzanne Niemeyer, Attorney-In-Fact on 08/27/2025.