Inotiv, Inc. (NOTVQ) COO sees 180,992 shares canceled in Chapter 11
Rhea-AI Filing Summary
Inotiv, Inc. Chief Operating Officer John Gregory Beattie reported a disposition of 180,992 shares of common stock on July 19, 2026, when all his directly held shares were canceled for no consideration under the company’s Amended Joint Prepackaged Chapter 11 Plan of Reorganization.
The plan was confirmed by the U.S. Bankruptcy Court for the Southern District of Texas on July 14, 2026 and became effective on July 19, 2026, at which time all outstanding common shares and other equity interests of Inotiv, Inc. were canceled, leaving Beattie with 0 reported shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 180,992 shares
Net Sell
1 txn
Insider
Beattie John Gregory
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock F1 | 180,992 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 0 shares (Direct)
Footnotes (1)
- F1. The Amended Joint Prepackaged Chapter 11 Plan of Reorganization of Inotiv, Inc. and its Affiliated Debtors (the "Plan") under Chapter 11 of the Bankruptcy Code was confirmed by the United States Bankruptcy Court for the Southern District of Texas, Houston Division, on July 14, 2026, and became effective on July 19, 2026. On the effective date of the Plan, all outstanding common shares and other equity interests of Inotiv, Inc. were canceled for no consideration.
Key Figures
Shares disposed: 180,992 shares
Transaction price per share: US$0.0000 per share
Shares held after transaction: 0 shares
+2 more
5 metrics
Shares disposed
180,992 shares
Common Stock reported as disposed on July 19, 2026 under transaction code J
Transaction price per share
US$0.0000 per share
Shares canceled for no consideration pursuant to Chapter 11 Plan
Shares held after transaction
0 shares
Directly held Common Stock position of COO after cancellation
Plan confirmation date
July 14, 2026
Date Amended Joint Prepackaged Chapter 11 Plan was confirmed by court
Plan effective date
July 19, 2026
Effective date when all outstanding common shares and equity interests were canceled
Key Terms
Amended Joint Prepackaged Chapter 11 Plan of Reorganization, effective date, canceled for no consideration, equity interests
4 terms
Amended Joint Prepackaged Chapter 11 Plan of Reorganization regulatory
"under the company’s Amended Joint Prepackaged Chapter 11 Plan of Reorganization"
effective date regulatory
"became effective on July 19, 2026"
The effective date is the specific calendar day when a contract, regulatory action, corporate change, or financial disclosure officially begins to apply and take legal or operational effect. For investors, it marks the moment rules, obligations, ownership, pricing, or reporting change—similar to the exact minute a light switch is flipped—so it determines when rights, liabilities, or market impacts start and which periods or transactions are affected.
canceled for no consideration financial
"all outstanding common shares and other equity interests ... were canceled for no consideration"
equity interests financial
"all outstanding common shares and other equity interests of Inotiv, Inc. were canceled"
Equity interests are an ownership stake in a company—usually represented by shares or membership units—that give the holder a claim on the business’s profits, assets and sometimes voting power. Think of it as owning one or more slices of a company’s pie: the bigger your slice, the larger your share of dividends, capital gains and influence, and the more you are affected by dilution or company losses. Investors use equity interests to measure value, control and potential returns.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What transaction did Inotiv (NOTVQ) COO John Gregory Beattie report?
John Gregory Beattie reported a disposition of 180,992 shares of Inotiv common stock. The shares were canceled for no consideration on July 19, 2026, under Inotiv’s Amended Joint Prepackaged Chapter 11 Plan of Reorganization approved by the bankruptcy court.
When did Inotiv (NOTVQ) have its Chapter 11 reorganization plan confirmed and become effective?
Inotiv’s Amended Joint Prepackaged Chapter 11 Plan of Reorganization was confirmed on July 14, 2026 and became effective on July 19, 2026. On the effective date, all outstanding common shares and other equity interests of Inotiv were canceled for no consideration.