Inotiv executive reports RSU tax-withholding shares
Inotiv, Inc. director and Chief Strategy Officer John E. Sagartz reported a routine tax-withholding share disposition tied to equity compensation.
Rhea-AI Filing Summary
Inotiv, Inc. director and Chief Strategy Officer John E. Sagartz reported a routine tax-withholding share disposition tied to equity compensation. On the vesting of restricted stock units, 6,071 shares of common stock were withheld by Inotiv, Inc. to satisfy tax withholding obligations, at a reported value of $0.0185 per share. After this non-market transaction, Sagartz directly holds 729,626 shares of Inotiv common stock.
Positive
- None.
Negative
- None.
Insights
Routine tax withholding on RSU vesting; no open-market trade.
This Form 4 shows Inotiv, Inc. retained 6,071 common shares to cover tax withholding obligations when restricted stock units vested for John E. Sagartz. The code F and footnote confirm this was a compensation-related, non-market event rather than an open-market sale.
The filing also shows Sagartz continues to hold 729,626 shares directly after the transaction, indicating the withheld amount is small relative to his total reported position. Because this is standard tax treatment of equity awards, it carries limited informational value for assessing sentiment toward the stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 6,071 | $0.0185 | $112.31 |
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
transaction code F regulatory
FAQ
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What insider transaction did Inotiv (NOTV) report for John E. Sagartz?
Was the Inotiv (NOTV) Form 4 transaction an insider sale in the market?
What does transaction code F mean in the Inotiv (NOTV) Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.