Innovex International insider has 5,049 shares withheld
Innovex executive Reddout Mark had shares withheld to cover taxes on RSU release, leaving a six-figure direct holding.
Rhea-AI Filing Summary
Innovex International, Inc. (INVX) reported that Reddout Mark, President of North America, had 5,049 shares of common stock withheld on September 6, 2026 to satisfy tax withholding obligations arising from the release of restricted stock units. After this tax-withholding disposition, he holds 119,263 shares of Innovex common stock directly, and no Rule 10b5-1 plan is reported.
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Insights
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Insider Trade Summary
Tax Withholding: 5,049 shares
Tax Withholding
1 txn
Insider
Reddout Mark
Role
President of North America
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 5,049 | $30.07 | $152K |
Holdings After Transaction:
Common Stock — 119,263 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 taxes: 5,049 shares
Reported share value: $30.07 per share
Shares held after transaction: 119,263 shares
+1 more
4 metrics
Shares withheld for taxes
5,049 shares
Withheld on September 6, 2026 to satisfy tax withholding obligations on RSU release
Reported share value
$30.07 per share
Value used for the 5,049-share tax-withholding disposition
Shares held after transaction
119,263 shares
Direct Innovex common stock holdings following the September 6, 2026 transaction
Transaction date
September 6, 2026
Date of tax-withholding disposition (Form 4 code F)
Key Terms
restricted stock units, tax withholding obligations, tax-withholding disposition
3 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…"
tax-withholding disposition financial
"…reported a tax-withholding disposition of 5,049 shares…"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What transaction did Innovex (INVX) executive Reddout Mark report on this Form 4?
He reported that 5,049 shares of Innovex common stock were withheld on September 6, 2026 to satisfy tax withholding obligations associated with the release of restricted stock units.
Was the Innovex (INVX) Form 4 transaction a market sale or purchase?
No. The Form 4 reports a tax-withholding disposition (code F), where 5,049 shares were withheld to cover tax liabilities tied to restricted stock units, rather than a voluntary market sale or open-market purchase.
Was the Innovex (INVX) Form 4 transaction under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is not marked, so no Rule 10b5-1 trading plan is reported in connection with this tax-withholding disposition.
AI-generated analysis. How Rhea-AI works. Not financial advice.