STOCK TITAN

Innovex (INVX) North America president uses 2,072 shares to cover taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Innovex International, Inc. President of North America Mark Reddout reported a routine tax-related share disposition. On the release of restricted stock units, he had 2,072 shares of common stock withheld at an implied value of $24.79 per share to satisfy tax withholding obligations. After this non‑market transaction, he continues to hold 146,339 shares of Innovex common stock directly.

Positive

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Insider Reddout Mark
Role President of North America
Type Security Shares Price Value
Tax Withholding Common Stock 2,072 $24.79 $51K
Holdings After Transaction: Common Stock — 146,339 shares (Direct)
Footnotes (1)
  1. [object Object]
Shares withheld for taxes 2,072 shares Tax-withholding disposition on restricted stock unit release
Withholding share value $24.79 per share Implied value used for 2,072 withheld shares
Shares held after transaction 146,339 shares Direct Innovex common stock holdings after tax withholding
restricted stock units financial
"with the release of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"to satisfy tax withholding obligations with the release"
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
SEC Form 4
FORM 4UNITED 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).
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*
Reddout Mark

(Last)(First)(Middle)
C/O INNOVEX INTERNATIONAL, INC.
19120 KENSWICK DRIVE

(Street)
HUMBLE TEXAS 77338

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Innovex International, Inc. [ INVX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
President of North America
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/06/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock04/06/2026F2,072(1)D$24.79146,339D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The Shares are withheld at the election of the Reporting Person to satisfy tax withholding obligations with the release of restricted stock units.
/s/ Matt Steinheider, Attorney-in-Fact for Mark Reddout04/07/2026
** Signature of Reporting PersonDate
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 insider transaction did Innovex (INVX) executive Mark Reddout report?

Mark Reddout reported a tax-withholding disposition of 2,072 Innovex common shares. The shares were withheld upon release of restricted stock units to cover tax obligations, rather than sold on the open market, making this a routine compensation-related event.

How many Innovex (INVX) shares were withheld for Mark Reddout’s taxes?

Innovex withheld 2,072 common shares for Mark Reddout’s tax obligations. The withholding occurred in connection with the release of restricted stock units, using a value of $24.79 per share to satisfy required tax withholding liabilities.

Does Mark Reddout still hold Innovex (INVX) shares after this Form 4 filing?

Yes. After the tax-withholding disposition, Mark Reddout directly holds 146,339 Innovex common shares. This indicates the reported transaction affected only a small portion of his overall position and was linked to equity compensation vesting.

Was Mark Reddout’s Innovex (INVX) transaction an open-market sale?

No. The Form 4 describes a tax-withholding disposition, not an open-market sale. Shares were withheld by Innovex at Reddout’s election to meet tax obligations arising from restricted stock unit release, a standard mechanism for equity compensation.

What price was used for the Innovex (INVX) tax-withholding shares?

The filing shows a value of $24.79 per share for the 2,072 withheld shares. This per-share figure is used to calculate the tax-withholding amount associated with the release of restricted stock units granted to Mark Reddout.