Inotiv, Inc. notified Nasdaq Stock Market LLC of the removal of its Common Stock from listing and registration via a Form 25 filing. The Exchange states it and the issuer have complied with the procedures in 17 CFR 240.12d2-2 for striking the class from listing and withdrawing registration.
Inotiv, Inc. Chief Financial Officer Beth A. Taylor reported a routine tax-related share disposition. On the vesting of restricted stock units, 5,864 shares of common stock were withheld by Inotiv to cover tax withholding obligations. After this non-market transaction, Taylor directly holds 139,616 shares of Inotiv common stock.
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.
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.
Inotiv, Inc. executive Jeffrey Brennan reported a routine tax-related share disposition. On the vesting of restricted stock units, 5,855 shares of common stock were withheld by Inotiv to cover tax withholding obligations at an effective price of $0.0185 per share. After this withholding, Brennan directly holds 36,623 shares of Inotiv common stock. This was not an open-market purchase or sale, but an automatic mechanism tied to equity compensation vesting.
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.
Inotiv, Inc. Chief Operating Officer John Gregory Beattie reported a routine tax-related share disposition. On the vesting of restricted stock units, 5,769 shares of common stock were withheld by Inotiv to satisfy tax withholding obligations, at a price of $0.0185 per share. After this withholding, Beattie directly holds 180,992 shares of Inotiv common stock. This was not an open-market sale but an automatic mechanism tied to equity compensation.