Bennett Robert William 4
Research Summary
AI-generated summary
Innovative Food (IVFH) Former CEO Bennett Robert William Sells 2.11M Shares
What Happened
Bennett Robert William, a former CEO and director of Innovative Food Holdings, sold a total of 2,114,440 shares between Jan 6 and Jan 21, 2026, generating roughly $703,363 in proceeds. The largest component was a private block sale of 1,500,000 shares on Jan 6 for $0.30/share ($450,000). The remainder were open-market sales at prices ranging roughly $0.38–$0.47 per share.
Key Details
- Transaction dates & prices: Jan 6–21, 2026. Prices reported across trades from $0.30 (private sale) up to ~$0.47 (open market); the filing notes a weighted average price and that more granular price breakdowns are available on request (Footnote F3).
- Total shares sold: 2,114,440; total proceeds: ≈ $703,363.
- Largest block: 1,500,000 shares sold under a Stock Purchase Agreement (Footnote F1).
- Other sales: multiple open-market dispositions (Footnote F2).
- Ownership after these transactions: not specified in the provided filing excerpt — see the full Form 4 for post-transaction holdings.
- Filing date: Form 4 filed Jan 28, 2026. Transactions occurred Jan 6–21, 2026, so the Form 4 appears to have been filed later than the typical 2-business-day reporting window for Form 4s.
- Additional note: Footnote F4 indicates some shares are owned by the reporting person’s spouse and are disclaimed as beneficially owned by the reporting person.
Context
These were sales (not purchases or option exercises). The mix includes a negotiated private sale (a contractual sale to buyers) and routine open-market sales. Sales by insiders can be for many reasons (liquidity, diversification, contractual arrangements) and do not by themselves indicate the company’s outlook. For exact per-trade prices, post-transaction holdings, or to check timeliness/possible amendments, consult the full SEC Form 4 filing (Accession: 0001185185-26-000332).