[Form 4] Innovex International, Inc. Insider Trading Activity
Innovex International, Inc. director and CEO Adam Anderson reported a Form 4 disclosing the disposition of 12,833 shares of Common Stock on 09/08/2025 at a price of $16.82 per share. After the transaction, Mr. Anderson beneficially owns 535,505 shares. The filing states the shares were withheld to satisfy tax withholding obligations upon release of restricted stock units, indicating this was not an open-market sale but a tax-related disposition. The Form 4 was signed by an attorney-in-fact on behalf of the reporting person.
- Timely disclosure of insider transaction in accordance with Section 16 reporting rules
- Substantial retained ownership after the disposition (535,505 shares), indicating continued insider alignment
- Disposal of 12,833 shares, though disclosed as tax withholding rather than voluntary open-market selling
Insights
TL;DR: CEO reported a small, tax-withholding disposition of restricted stock; ownership remains substantial and transaction appears routine.
The Form 4 shows a 12,833-share disposition at $16.82 per share, explicitly described as withholding to satisfy tax obligations tied to RSU releases. Such withholdings are common and do not necessarily reflect bullish or bearish insider intent. The post-transaction beneficial ownership of 535,505 shares remains material, supporting continuity of insider alignment with shareholders. No additional derivative or compensatory transactions were reported in this filing.
TL;DR: Disclosure is timely and specific; the nature of the disposal (tax withholding) reduces governance concerns about opportunistic insider selling.
The filing discloses the reporting person's dual role as Director and Chief Executive Officer, and documents a tax-withholding disposition rather than a discretionary sale. The presence of an attorney-in-fact signature indicates proper execution. From a governance perspective, this is a standard administrative transaction; the company and reporting person fulfilled reporting obligations under Section 16.