Inotiv CEO tax sale of 16,810 shares
Inotiv, Inc. President and CEO Robert Jr.
Rhea-AI Filing Summary
Inotiv, Inc. President and CEO Robert Jr. Leasure reported an automatic sale of 16,810 shares of common stock on February 17, 2026. The shares were sold by the company on his behalf to cover tax withholding when restricted stock units vested, under a Rule 10b5-1 instruction entered between September 11 and October 9, 2024.
The weighted average sale price was about $0.2953 per share, with individual trades between $0.29 and $0.30. After this transaction, he directly holds 1,256,215 common shares. An additional 105,000 shares are held by an entity in which he is the majority security holder, and he disclaims ownership except for his economic interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 16,810 | $0.2953 | $5K |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. Represents shares automatically sold by the Company on behalf of the reporting person to satisfy tax withholding obligations upon the vesting and settlement of restricted stock units, which sale was made pursuant to a Rule 10b5-1 instruction entered into by the reporting person during the period from September 11, 2024 to October 9, 2024.
- F2. Reflects the weighed average price of 16,810 shares of common stock of Inotiv, Inc. sold by the reporting person in multiple transactions on February 17, 2026 with sales prices ranging from $0.29 to $0.30 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- F3. These shares are held by an entity for which the reporting person is the majority security holder. Except to the extent of his pecuniary interest therein, the reporting person disclaims ownership of these shares.
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