Innventure (INV) director takes stock instead of cash pay
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HENNESSY DANIEL J reported acquisition or exercise transactions in this Form 4 filing.
Innventure, Inc. director Daniel J. Hennessy received 6,394 fully vested shares of common stock valued at $3.91 per share as compensation. The shares were granted under Innventure’s Second Amended and Restated Non-Management Director Compensation Plan.
Hennessy elected to take stock instead of all cash retainers for the first calendar quarter of 2026. Following this award, he directly owns 767,489 Innventure common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
1 transaction reported
Mixed
1 txn
Insider
HENNESSY DANIEL J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,394 | $3.91 | $25K |
Holdings After Transaction:
Common Stock — 767,489 shares (Direct)
Footnotes (1)
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Key Figures
Shares granted: 6,394 shares
Grant value per share: $3.91 per share
Shares owned after grant: 767,489 shares
3 metrics
Shares granted
6,394 shares
Fully vested common stock award in lieu of Q1 2026 cash retainers
Grant value per share
$3.91 per share
Reported value of Innventure common stock for the director award
Shares owned after grant
767,489 shares
Director Daniel J. Hennessy’s direct Innventure holdings following the award
Key Terms
Fully vested common stock, Non-Management Director Compensation Plan, cash retainers
3 terms
Fully vested common stock financial
"Fully vested common stock, par value $0.0001 per share, of Innventure, Inc."
Non-Management Director Compensation Plan financial
"under the Second Amended and Restated Innventure, Inc. Non-Management Director Compensation Plan (the "Plan")"
cash retainers financial
"in lieu of all the cash retainers that would have otherwise been paid"
FAQ
What insider transaction did Innventure (INV) disclose for Daniel J. Hennessy?
Innventure director Daniel J. Hennessy received 6,394 fully vested common shares as compensation. The award came through the company’s Non-Management Director Compensation Plan, reflecting his election to receive stock instead of cash retainers for the first quarter of 2026.
Why did Daniel J. Hennessy receive Innventure (INV) stock instead of cash?
Daniel J. Hennessy elected to receive Innventure common stock in lieu of all cash retainers for the first quarter of 2026. The company’s Non-Management Director Compensation Plan allows directors to choose equity awards instead of cash-based board compensation.
What is the Innventure (INV) Non-Management Director Compensation Plan?
The Second Amended and Restated Non-Management Director Compensation Plan governs how Innventure compensates its outside directors. Under this plan, directors like Daniel J. Hennessy can receive fully vested common stock instead of traditional cash retainers for board service.