Innovex CEO has 13,463 shares withheld for taxes
Innovex International’s CEO had shares withheld for taxes on RSU release, leaving a sizable direct stake in INVX.
Rhea-AI Filing Summary
Innovex International, Inc. (INVX) reported that Chief Executive Officer Anderson Adam had 13,463 shares of common stock withheld on September 6, 2026 to satisfy tax withholding obligations upon the release of restricted stock units. These shares were not sold in the open market. After this withholding, Adam directly holds 491,790 shares of Innovex common stock.
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Insights
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Insider Trade Summary
Tax Withholding: 13,463 shares
Tax Withholding
1 txn
Insider
Anderson Adam
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 13,463 | $30.07 | $405K |
Holdings After Transaction:
Common Stock — 491,790 shares (Direct)
Footnotes (1)
- F1. The Shares are withheld at the election of the Reporting Person to satisfy tax withholding obligations with the release of restricted stock units.
Key Figures
Shares withheld for tax obligations: 13,463 shares
Per-share valuation for withholding: $30.07 per share
Shares held after transaction: 491,790 shares
3 metrics
Shares withheld for tax obligations
13,463 shares
Common stock withheld on September 6, 2026 for tax withholding with RSU release
Per-share valuation for withholding
$30.07 per share
Value used for the 13,463 shares withheld to satisfy tax withholding obligations
Shares held after transaction
491,790 shares
Direct holdings of Innovex common stock by CEO Anderson Adam following the transaction
Key Terms
restricted stock units, tax withholding obligations
2 terms
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"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did INVX disclose for CEO Anderson Adam?
Innovex International, Inc. disclosed that CEO Anderson Adam had 13,463 shares of common stock withheld on September 6, 2026 to satisfy tax withholding obligations related to the release of restricted stock units, rather than as a market sale.
Was the INVX CEO’s Form 4 transaction an open-market sale?
No. The Form 4 states that 13,463 shares were withheld to satisfy tax withholding obligations upon the release of restricted stock units, meaning the shares were not sold in the open market.
Was the INVX CEO’s transaction under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 section is not checked, and there is no footnote indicating that the September 6, 2026 tax-withholding transaction was made under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.