LINEBARGER NORMAN THOMAS 4
Research Summary
AI-generated summary
INNIO Director Linebarger Buys $2.5M Stock, Receives 88,889 RSUs
What Happened
- Norman Linebarger, a director of INNIO N.V. (INIO), made an open-market purchase of 92,592 common shares at $27.00 per share on 2026-06-05 for a total cash outlay of $2,499,984. On the same date he was also awarded 88,889 restricted stock units (RSUs), each representing a contingent right to one common share (awarded at no cash cost).
Key Details
- Transaction date(s): 2026-06-05.
- Open-market purchase (Code P): 92,592 shares @ $27.00 = $2,499,984 total.
- Award/Grant (Code A): 88,889 RSUs @ $0.00 (contingent right to receive one share).
- RSU vesting (footnote): RSUs vest 50% on each of the first two anniversaries of the grant date.
- Shares owned after the transactions: not specified in the provided filing.
- Filing timeliness: Report filed 2026-06-08 for a 2026-06-05 transaction — filed within the required two business days (timely).
- No option exercises, gifts, tax-withholding sales, or 10% owner indication reported in this filing.
Context
- The purchase is a straightforward open-market buy (a primary buyer signal for investors), while the RSUs are a standard equity-award compensation vehicle that vests over two years. These transactions are factual disclosures of acquisition; they do not state Linebarger’s motivations.