Reddout Mark 4

What Happened
Mark Reddout, President of North America for Innovex International (INVX), sold 10,750 shares on June 2, 2026, at $28.00 per share for total proceeds of $301,000. This was a disposition (sale), not a purchase — sales by insiders can be routine and do not necessarily indicate a change in company prospects.

Key Details

• Transaction date: 2026-06-02; Price: $28.00 per share; Shares sold: 10,750; Proceeds: $301,000.
• Transaction type: Open-market sale (reported as “S” on the Form 4).
• Footnotes: Sale executed pursuant to a Rule 10b5-1 trading plan adopted March 2, 2026 (F1). All shares were sold at the reported $28.00 price (F2).
• Shares owned after transaction: Not specified in the provided filing summary.
• Filing timeliness: Report filed 2026-06-03 for a 2026-06-02 transaction (filed promptly; no late filing indicated).

Context
A Rule 10b5-1 plan allows scheduled trading regardless of future material nonpublic information; such sales often reflect pre-planned diversification or liquidity needs rather than a proactive view on the stock. For retail investors, purchases typically carry more weight as signals than routine, pre-set insider sales.