IVDN director increases direct holdings to 25,500 shares at $0.20–$0.32

Rhea-AI Filing Summary

Insider purchases by a director at small prices. A director, John Spagnolo Jr., reported four open-market purchases of Common Stock of INNOVATIVE DESIGNS INC (IVDN) on 05/02/2025, 06/06/2025, 07/01/2025 and 08/04/2025. The filings show incremental buys totaling 25,500 shares and increasing his reported direct holdings from 12,000 to 25,500 shares. Purchase prices ranged from $0.20 to $0.32, and the Form 4 was signed on 10/09/2025.

Positive

• Director purchases totaling 25,500 shares, increasing reported direct holdings from 12,000 to 25,500
• Multiple purchases over several months (May–August 2025) show consistent accumulation
• Low per-share prices between $0.20 and $0.32, enabling modest dollar-cost accumulation

Negative

• None.

Insights

Corporate Governance Analyst

Director made recurring small purchases, modestly raising direct ownership to 25,500 shares.

These are four reported non-derivative purchases by a director executed between 05/02/2025 and 08/04/2025, increasing direct ownership from 12,000 to 25,500 shares. Prices per share ranged from $0.20 to $0.32, indicating dollar-value accumulation rather than a single large buy.

The action shows insider accumulation but is modest in scale and lacks further context on total outstanding shares or percentage ownership. Monitor subsequent filings or larger transactions within the next 12 months for any material change in ownership concentration.

SEC Form 4

FORM 4

UNITED 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^*

Spagnolo John JR

(Last) (First) (Middle)

601 COLUMBIA COURT

(Street)

MARS PA 16046

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
INNOVATIVE DESIGNS INC [ IVDN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
05/02/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/02/2025		P		2,000	A	$0.32	12,000	D
Common Stock	06/06/2025		P		1,000	A	$0.32	13,000	D
Common Stock	07/01/2025		P		2,500	A	$0.2	15,500	D
Common Stock	08/04/2025		P		10,000	A	$0.21	25,500	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ Spagnolo John JR	10/09/2025
	** Signature of Reporting Person	Date
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.

FAQ

What did IVDN director John Spagnolo Jr. buy?

He purchased a total of 25,500 shares of IVDN common stock across four transactions, raising his direct holdings to 25,500 shares.

When were the IVDN insider purchases reported?

The transactions occurred on 05/02/2025, 06/06/2025, 07/01/2025, and 08/04/2025, and the Form 4 was signed on 10/09/2025.

What prices did the IVDN shares trade at in these insider buys?

Reported per-share prices ranged from $0.20 to $0.32 across the four purchases.

Did the Form 4 report derivative transactions for IVDN?

No. Table II for derivative securities is empty; only non-derivative common stock purchases are reported.

How much did the director hold before these purchases?

Prior to the reported transactions, the director's reported direct beneficial ownership was 12,000 shares.