Innovex International, Inc. (INVX) president sells 10,000 shares under 10b5-1 plan
Rhea-AI Filing Summary
Innovex International, Inc. executive Mark Reddout, President of North America, reported selling 10,000 shares of Common Stock on August 4, 2026 at $30.00 per share. The sale is described as an open market or private transaction under a Rule 10b5-1 plan adopted on March 2, 2026. Following this trade, he directly holds 124,312 shares.
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Insider Trade Summary 10b5-1
Net Seller: 10,000 shares
Net Sell
1 txn
Insider
Reddout Mark
Role
President of North America
Sold
10,000 shs ($300K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 10,000 | $30.00 | $300K |
Holdings After Transaction:
Common Stock — 124,312 shares (Direct)
Footnotes (2)
- F1. Sales pursuant to a Rule 10b5-1 plan adopted on March 2, 2026.
- F2. All shares were sold at the price in column 4.
Key Figures
Shares sold: 10,000 shares
Sale price per share: $30.0000 per share
Shares held after sale: 124,312 shares
+1 more
4 metrics
Shares sold
10,000 shares
Common Stock sale reported for August 4, 2026
Sale price per share
$30.0000 per share
Price applied to all shares in the reported transaction
Shares held after sale
124,312 shares
Direct Common Stock holdings following the transaction
Rule 10b5-1 plan adoption date
March 2, 2026
Adoption date of the trading plan governing the reported sale
Key Terms
Rule 10b5-1 plan, open market or private transaction, Common Stock
3 terms
Rule 10b5-1 plan regulatory
"Sales pursuant to a Rule 10b5-1 plan adopted on March 2, 2026."
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
open market or private transaction financial
"Transaction code description: Sale in open market or private transaction."
Common Stock financial
"Security title for the transaction is Common Stock."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Innovex International, Inc. (INVX) disclose for Mark Reddout?
Mark Reddout sold 10,000 shares of Innovex International, Inc. Common Stock. The sale occurred on August 4, 2026 at $30.00 per share and was reported as an open market or private transaction.
Was Mark Reddout’s INVX stock sale made under a Rule 10b5-1 plan?
Yes. The Form 4 notes that the 10,000-share sale was executed pursuant to a Rule 10b5-1 plan. A footnote states the plan was adopted on March 2, 2026, and the filing’s 10b5-1 checkbox is marked true.