Inotiv (NOTV) director sells 2,000 shares at $1.2434 avg
Inotiv (NOTV): Director Form 4 filing — Director R. Matthew Neff reported selling 2,000 shares of common stock on 11/03/2025 at a weighted average price of $1.2434 per share, with individual sale prices ranging from $1.2100 to $1.2900.
Rhea-AI Filing Summary
Inotiv (NOTV): Director Form 4 filing — Director R. Matthew Neff reported selling 2,000 shares of common stock on 11/03/2025 at a weighted average price of $1.2434 per share, with individual sale prices ranging from $1.2100 to $1.2900. The transaction was executed under a Rule 10b5-1 trading plan adopted on 02/13/2025 to cover tax obligations tied to prior equity award vesting. Following the sale, he beneficially owns 153,102 shares directly.
Positive
- None.
Negative
- None.
Insights
Routine 10b5-1 sale; minimal impact.
This filing records a pre-arranged Rule 10b5-1 sale by a director to address tax obligations from earlier equity vesting. The sale totaled 2,000 shares at a weighted average of $1.2434 on 11/03/2025, within a disclosed price range of $1.2100–$1.2900.
Form 4s like this are administrative and common for tax-related liquidity. Post-transaction holdings are 153,102 shares, which indicates continued ownership. Actual market impact depends on overall trading volume and is typically limited for transactions of this size.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,000 | $1.2434 | $2K |
Footnotes (2)
- F1. The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 13, 2025, for purposes of covering tax obligations he incurred in connection with the vesting of equity awards in prior periods.
- F2. Reflects the weighted average price of 2,000 common shares sold by the reporting person in multiple transactions on November 3, 2025, with sales prices ranging from $1.2100 to $1.2900 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.
FAQ
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What did Inotiv (NOTV) disclose in this Form 4?
Was the NOTV insider sale under a Rule 10b5-1 plan?
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