Innovex (INVX) CEO Adam Anderson sells 18,837 shares in 10b5-1 trade
Rhea-AI Filing Summary
Innovex International, Inc. Chief Executive Officer and director Adam Anderson reported an open-market sale of common stock. On February 24, 2026, he sold 18,837 shares of Innovex common stock at $28.50 per share in a transaction classified as a sale in the open market or a private transaction.
The filing states that all shares in this trade were sold at the reported price and that the sales were made pursuant to a pre-established Rule 10b5-1 trading plan adopted on March 14, 2025. After this transaction, Anderson’s directly held Innovex common stock position is 466,744 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 18,837 shares
Net Sell
1 txn
Insider
Anderson Adam
Role
Chief Executive Officer
Sold
18,837 shs ($537K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 18,837 | $28.50 | $537K |
Holdings After Transaction:
Common Stock — 466,744 shares (Direct)
Footnotes (2)
- F1. Sales pursuant to a Rule 10b5-1 plan adopted on March 14, 2025.
- F2. All shares were sold at the price in column 4.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Innovex (INVX) CEO Adam Anderson report in this Form 4?
Adam Anderson reported an open-market sale of Innovex common stock. He sold 18,837 shares on February 24, 2026 at $28.50 per share, leaving him with 466,744 shares of directly owned Innovex common stock after the transaction.
Was the Innovex (INVX) CEO’s stock sale under a Rule 10b5-1 plan?
Yes. The filing specifies that the sales were made under a Rule 10b5-1 trading plan adopted on March 14, 2025. Such plans pre-schedule trades, helping executives systematically sell shares over time according to predetermined instructions.
What type of transaction did the Innovex (INVX) Form 4 disclose?
The Form 4 disclosed a non-derivative transaction in Innovex common stock. It is coded as “S,” indicating a sale in the open market or a private transaction, with 18,837 shares sold at $28.50 each on February 24, 2026.
Is the Innovex (INVX) CEO’s ownership direct or indirect after this transaction?
The filing shows that Adam Anderson’s reported Innovex holdings after the sale, totaling 466,744 shares, are held with direct ownership. The ownership code is listed as “D,” signifying direct ownership rather than indirect control through another entity.