Innovex International (INVX) CFO updates holdings after 8,026-share tax withholding
Rhea-AI Filing Summary
Innovex International, Inc. chief financial officer Kendal Reed reported an automatic share withholding related to equity compensation. On 01/02/2026, Reed had 8,026 shares of Innovex common stock withheld at a price of $22.78 per share, coded as transaction type "F," which typically reflects shares withheld to cover taxes.
After this tax-withholding event tied to the release of restricted stock units, Reed directly beneficially owned 198,857 shares of Innovex common stock. The filing was made as a single-person Form 4 and is a routine insider ownership update rather than an open-market purchase or sale.
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FAQ
What insider transaction did Innovex International (INVX) disclose for Kendal Reed?
The company reported that CFO Kendal Reed had 8,026 shares of Innovex common stock withheld on 01/02/2026 in a transaction coded "F" at $22.78 per share.
Why were Kendal Reed’s Innovex (INVX) shares withheld in this Form 4?
The filing explains that the 8,026 shares were withheld at Reed’s election to satisfy tax withholding obligations associated with the release of restricted stock units.
How many Innovex (INVX) shares does Kendal Reed own after this transaction?
Following the reported tax-withholding transaction, Kendal Reed beneficially owns 198,857 shares of Innovex International, Inc. common stock in direct form.
What is Kendal Reed’s role at Innovex International (INVX)?
Kendal Reed is listed as an officer of Innovex International, Inc., serving in the position of Chief Financial Officer.
Was the Innovex (INVX) Form 4 filed by more than one reporting person?
No. The Form 4 is indicated as being filed by one reporting person, covering only the transactions and holdings of Kendal Reed.
Does this Innovex (INVX) Form 4 reflect an open-market stock sale by the CFO?
The transaction is coded "F" and the explanation notes that the shares were withheld to satisfy tax obligations tied to restricted stock units, rather than an open-market sale.