Reddout Mark 4

What Happened

• Mark Reddout, President of North America for Innovex International, had 2,072 shares withheld to satisfy tax withholding obligations related to the release of restricted stock units. The shares were valued at $24.79 each, for a total of $51,365. This is a withholding/disposition to cover taxes—not a market sale or a purchase.

Key Details

• Transaction date: 2026-04-06; Price per share: $24.79; Total value: $51,365
• Transaction type: F (payment of exercise price or tax liability) — shares withheld to cover taxes on RSU release (see footnote)
• Footnote: Shares were withheld at the reporting person’s election to satisfy tax withholding obligations with the release of restricted stock units
• Shares owned after transaction: Not disclosed in this filing
• Filing: Reported on 2026-04-07 (filed the day after the transaction), indicating a timely disclosure

Context

• This was a tax-withholding transaction tied to the release of RSUs (cashless/withholding for taxes), which is a routine administrative action and does not necessarily indicate insider sentiment about the company’s prospects.