Inotiv executive reports 5,371-share tax withholding
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Rhea-AI Filing Summary
Inotiv, Inc. insider Adrian Hardy reported a tax-related share disposition involving 5,371 shares of common stock. The shares were withheld by Inotiv to cover tax withholding obligations that arose when restricted stock units vested, rather than sold on the open market.
Following this withholding transaction, Hardy directly holds 53,049 shares of Inotiv common stock. This type of Form 4 event is a routine administrative step tied to equity compensation and does not reflect an active decision to buy or sell shares in the market.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 5,371 | $0.0185 | $99.36 |
Footnotes (1)
- F1. Represents shares withheld by Inotiv, Inc. to satisfy tax withholding obligations on the vesting of restricted stock units.
Key Figures
Key Terms
restricted stock units financial
tax withholding obligations financial
Form 4 regulatory
FAQ
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What did Inotiv (NOTV) executive Adrian Hardy report on this Form 4?
Was Adrian Hardy’s Inotiv (NOTV) Form 4 transaction an open-market sale?
AI-generated analysis. How Rhea-AI works. Not financial advice.