Innovex (INVX) 10% Holder Amberjack Capital Sells 5M Shares

What Happened
Amberjack Capital Partners, L.P. (a reported 10% owner) sold a total of 5,000,000 shares of Innovex International, Inc. on 2026-08-10 in an underwritten secondary offering priced at $28.71 per share. The combined proceeds from the sales were approximately $143.55 million. The sales were dispositions (S) — not purchases — and therefore represent a reduction in Amberjack-affiliated funds' holdings rather than an insider buy.

Key Details

• Transaction date: 2026-08-10; price: $28.71 per share.
• Shares sold (breakdown reported): 3,706,801; 865,508; 205,126; 176,944; 45,533; and 88 — total 5,000,000 shares.
• Total proceeds: ~ $143,550,000 (5,000,000 × $28.71).
• Sale type: Underwritten secondary offering to Barclays Capital Inc. (Underwriter) — shares sold by Amberjack-affiliated funds to the underwriter (see footnotes).
• Shares sold were held directly by various Amberjack-affiliated funds (Amberjack Capital Fund II, Innovex Co‑Invest Funds, Intervale Funds — see footnotes F1–F6).
• Reporting structure: Multiple related entities and general partners control the reported shares (see F7–F9); Jason Turowsky is identified as managing partner of Amberjack Management (footnote reference).
• Ownership after transaction: Not specified in the excerpted filing.
• Filing notes: This Form 4 is the first of two filings related to the same event (split because there are more than 10 reporting persons). The filing lists no late-filing indication; it was filed the same date as the reported transactions.

Context
This was an institutional sale in a secondary offering, not an individual executive selling shares on the open market. Such planned offerings are commonly used by large holders to monetize positions and do not necessarily signal company-specific news from management. Because Amberjack is a 10% owner and the transfers were executed by affiliated funds and general partners, the filing includes several footnotes clarifying control and beneficial‑ownership relationships rather than indicating an individual insider decision.