BANKS LEE C 4

What Happened
Lee C. Banks, a director of INNIO N.V. (INIO), made two transactions on June 5, 2026: an open-market purchase of 37,037 common shares at $27.00 each (total $999,999) and an award of 44,445 restricted stock units (RSUs) with a reported acquisition value of $0. The open-market purchase is a direct buy (transaction code P), while the RSUs are a grant (transaction code A) that convert into shares if and when they vest.

Key Details

• Transaction dates: June 5, 2026 (filed with the SEC on June 8, 2026) — filing appears timely.
• Purchase: 37,037 shares at $27.00 per share = $999,999 total.
• Award: 44,445 RSUs (reported value $0 on grant). RSUs vest 50% on each of the first two anniversaries of the grant date.
• Shares owned after transaction: not disclosed in the provided filing excerpt.
• Transaction codes: P = open-market purchase; A = award/grant (RSUs). No 10b5-1 plan or tax-withholding note disclosed in the excerpt.

Context

• The open-market purchase is a straightforward buy and can be interpreted as a direct acquisition of company stock. RSUs are contingent awards — they are not immediately tradable shares and will convert to common stock only as they vest per the schedule noted.
• No sale or option exercise occurred in this filing. As always, awards and purchases are factual insider actions; they do not by themselves prove future company performance.