Inotiv (NASDAQ: NOTV) EVP has 5,800 shares withheld for RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Inotiv, Inc. executive Andrea Castetter, EVP, General Counsel, Secretary and Chief Compliance Officer, reported a tax-related share disposition. On the vesting of restricted stock units, 5,800 shares of Common Stock were withheld by Inotiv to satisfy tax withholding obligations. After this non-market transaction, Castetter directly holds 49,200 shares of Inotiv Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Castetter Andrea
Role
EVP, GC, Sec'y & CCO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 5,800 | $0.0185 | $107.30 |
Holdings After Transaction:
Common Stock — 49,200 shares (Direct, null)
Footnotes (1)
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Key Figures
Tax-withheld shares: 5,800 shares
Post-transaction holdings: 49,200 shares
Reported price per share: $0.0185 per share
+1 more
4 metrics
Tax-withheld shares
5,800 shares
Shares withheld to satisfy tax obligations on RSU vesting
Post-transaction holdings
49,200 shares
Common Stock directly held after tax-withholding disposition
Reported price per share
$0.0185 per share
Reference price associated with 5,800-share tax-withholding entry
Transaction date
June 18, 2026
Date of tax-withholding disposition reported on Form 4
Key Terms
restricted stock units, tax withholding obligations, Common Stock, Form 4
4 terms
restricted stock units financial
"on the vesting of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"to satisfy tax withholding obligations on the vesting"
Common Stock financial
"5,800 shares of Common Stock were withheld"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"reported in this Form 4 filing with the SEC"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did Inotiv (NOTV) executive Andrea Castetter report in this Form 4?
Andrea Castetter reported a tax-withholding disposition related to restricted stock units. 5,800 Inotiv Common Stock shares were withheld by the company to cover tax obligations, leaving her with 49,200 directly held shares after the transaction.
Was the Inotiv (NOTV) Form 4 transaction an open-market sale?
No, the Form 4 shows a tax-withholding transaction, not an open-market sale. Shares were withheld by Inotiv to satisfy tax obligations on vested restricted stock units, a common administrative process for equity compensation.
What does transaction code "F" mean in the Inotiv (NOTV) Form 4?
Transaction code "F" indicates a payment of tax liability by delivering securities. In this case, Inotiv withheld 5,800 shares from Andrea Castetter’s vested restricted stock units to meet tax withholding requirements instead of selling shares on the market.