INNOVATE (VATE) Director Warren H. Gfeller Receives 12,016-Share Award

What Happened

• Warren H. Gfeller, a director of INNOVATE Corp. (VATE), received an award of 12,016 restricted shares on August 11, 2026. The shares were granted at $0.00 (no cash paid). This was an equity award (transaction code A), not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-08-11; Form 4 filed: 2026-08-13 (timely filing).
• Shares granted: 12,016 restricted shares; acquisition price reported as $0.00.
• Amount owned after transaction: not specified in the provided filing excerpt.
• Footnote (vesting): Shares vest and become non‑forfeitable on the earlier of (i) the first anniversary of the grant date or (ii) the first regular annual meeting of stockholders following the grant, subject to continued service under the company’s omnibus equity award plan.
• Transaction type: Award/Grant (A). No sale or purchase reported; this is compensation/equity compensation to a director.

Context

• Restricted stock grants to directors are common compensation and do not, by themselves, signal a buy/sell decision by the insider. Vesting is contingent on continued service, so the shares are not immediately liquid.