Anderson Adam 4

What Happened Adam Anderson, CEO of Innovex International, had 8,929 shares disposed on April 6, 2026 to satisfy tax withholding tied to the release of restricted stock units (RSUs). The shares were valued at $24.79 each, for a total of about $221,350. The Form 4 was filed on April 7, 2026. This disposition was a tax-withholding action (transaction code F), not an open-market sale.

Key Details

• Transaction date: 2026-04-06; Form 4 filed: 2026-04-07 (appears timely).
• Shares withheld/disposed: 8,929 at $24.79 per share.
• Total value: approximately $221,350.
• Shares owned after transaction: not disclosed in this filing.
• Footnote: Shares were withheld at the reporting person’s election to satisfy tax withholding obligations upon RSU release (F1).
• Transaction code: F (payment of exercise price or tax liability).

Context This was a routine tax-withholding disposition related to RSU vesting, not an open-market sale. Such withholdings are common and generally reflect tax obligations rather than a manager’s buy/sell sentiment. Purchases or open-market sales tend to convey more direct information about insider views.