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Innovex (INVX) CEO withholds 8,929 shares at $24.79 for RSU tax obligations

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

Rhea-AI Filing Summary

Innovex International, Inc. Chief Executive Officer Adam Anderson reported an automatic share disposition related to equity compensation. On the release of restricted stock units, 8,929 shares of common stock were withheld at a price of $24.79 per share to satisfy tax withholding obligations. After this non-market, tax-related transaction, Anderson directly holds 505,253 shares of Innovex common stock.

Positive

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Negative

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Insights

Innovex CEO’s Form 4 shows routine tax withholding on vested RSUs, not an open‑market sale.

The filing reports that 8,929 Innovex common shares were withheld at $24.79 each to cover tax obligations upon the release of restricted stock units. This is coded as an F transaction, which reflects payment of tax or exercise costs using shares rather than cash.

Because the shares were not sold into the market and simply settled a tax liability, the signal for outside investors is minimal. Anderson’s post-transaction direct holdings of 505,253 shares indicate he retains a substantial equity stake, supporting the view that this is routine compensation administration rather than a change in investment stance.

Insider Anderson Adam
Role Chief Executive Officer
Type Security Shares Price Value
Tax Withholding Common Stock 8,929 $24.79 $221K
Holdings After Transaction: Common Stock — 505,253 shares (Direct)
Footnotes (1)
  1. [object Object]
Shares withheld for taxes 8,929 shares Tax-withholding disposition on restricted stock units
Withholding price per share $24.79 per share Value used for tax-withholding shares
Shares held after transaction 505,253 shares CEO’s direct Innovex holdings following Form 4 event
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.
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*
Anderson Adam

(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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
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 Stock04/06/2026F8,929(1)D$24.79505,253D
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 Adam Anderson04/07/2026
** 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 did Innovex (INVX) CEO Adam Anderson report in this Form 4 filing?

Adam Anderson reported that 8,929 Innovex common shares were withheld to cover taxes on vested restricted stock units. This tax-withholding disposition did not involve an open-market sale and left him holding 505,253 shares directly after the transaction.

Was the Innovex (INVX) CEO’s Form 4 transaction an open-market sale of shares?

No. The Form 4 describes a tax-withholding disposition, where 8,929 shares were withheld at $24.79 each to satisfy tax obligations on restricted stock units. The shares were not sold on the open market but used to cover required taxes.

How many Innovex (INVX) shares does CEO Adam Anderson hold after this Form 4 event?

Following the tax-withholding transaction, Adam Anderson directly holds 505,253 shares of Innovex common stock. This remaining position shows that the reported share disposition was small relative to his overall holdings and tied to compensation-related tax settlement.

What does transaction code "F" mean in the Innovex (INVX) CEO’s Form 4?

Transaction code "F" indicates shares were used to pay the exercise price or tax liability, rather than sold for investment reasons. For Innovex, 8,929 shares were withheld to satisfy tax withholding obligations when restricted stock units were released to the CEO.

Why were Innovex (INVX) shares withheld in connection with restricted stock units?

The filing states the shares were withheld at the CEO’s election to satisfy tax withholding obligations triggered by the release of restricted stock units. Using shares instead of cash is a common method for covering income taxes on equity compensation awards.