Innovex International (INVX) officer discloses small employee stock grant
Rhea-AI Filing Summary
Innovex International, Inc. executive Mark Reddout, President of North America, reported a routine equity award. On 12/15/2025, he received 40 shares of Innovex common stock at a price of $0, as part of a grant of 40 shares to every employee of the company. On the same date, 16 shares were disposed of at $22.77 per share, identified with transaction code "F", indicating shares withheld to cover taxes on the award. After these transactions, Reddout directly beneficially owned 149,436 shares of Innovex common stock.
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FAQ
What insider transaction did Innovex International (INVX) report for Mark Reddout?
Mark Reddout, President of North America at Innovex International, Inc., reported receiving 40 shares of common stock on 12/15/2025, followed by the disposition of 16 shares the same day.
Why were 16 Innovex (INVX) shares disposed of in this Form 4 filing?
The filing labels the 16-share transaction with code "F", indicating shares were disposed of to satisfy tax withholding obligations related to the stock award.
How many Innovex International (INVX) shares does Mark Reddout own after this transaction?
Following the reported transactions, Mark Reddout directly beneficially owned 149,436 shares of Innovex International common stock.
What was the price associated with the Innovex (INVX) insider share dispositions?
The 16 shares disposed of to cover taxes were reported at a price of $22.77 per share.
What role does the reporting person hold at Innovex International (INVX)?
The reporting person, Mark Reddout, is identified as an officer of Innovex International, serving as President of North America.
Was the Innovex (INVX) stock grant part of a broader employee program?
Yes. The explanation states the award represents the net shares after tax withholding as part of a grant of 40 shares of stock to every employee of the company.