Innovex CFO has 2,072 shares withheld for taxes
Innovex International, Inc. Chief Financial Officer Reed Kendal reported a routine share withholding related to equity compensation.
Rhea-AI Filing Summary
Innovex International, Inc. Chief Financial Officer Reed Kendal reported a routine share withholding related to equity compensation. On April 6, 2026, 2,072 shares of common stock were withheld at $24.79 per share to cover tax obligations upon the release of restricted stock units. After this non-market tax-withholding disposition, Kendal directly holds 215,760 shares of Innovex common stock.
Positive
- None.
Negative
- None.
Insights
Routine tax withholding on RSU vesting; no open-market trade.
The filing shows Innovex International’s CFO, Reed Kendal, had 2,072 shares of common stock withheld at $24.79 per share to satisfy tax obligations tied to restricted stock unit vesting.
This is coded as an F transaction, which represents payment of tax via share delivery rather than an open-market sale. Following the withholding, Kendal directly holds 215,760 shares, indicating this is a small, mechanical adjustment to a larger ongoing equity position.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 2,072 | $24.79 | $51K |
Footnotes (1)
- F1. The Shares are withheld at the election of the Reporting Person to satisfy tax withholding obligations with the release of restricted stock units.
Key Figures
Key Terms
restricted stock units financial
tax-withholding disposition financial
Chief Financial Officer financial
transaction code F financial
FAQ
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What did Innovex (INVX) CFO Reed Kendal report in this Form 4?
Was the Innovex (INVX) CFO’s Form 4 transaction a stock sale?
What does transaction code F mean in the Innovex (INVX) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.