Innovex (INVX) President Mark Reddout Withholds 5,049 Shares

What Happened Mark Reddout, President of North America for Innovex International, had 5,049 shares withheld to satisfy tax withholding obligations related to the release of restricted stock units (RSUs). The shares were valued at $30.07 each, for a total of approximately $151,823. This was a withholding disposition, not an open-market sale or a purchase.

Key Details

• Transaction date: 2026-09-06
• Price per share: $30.07
• Shares withheld/disposed: 5,049
• Aggregate value: ~$151,823
• Transaction code: F — shares withheld to satisfy tax withholding on RSU release
• Footnote: F1 — Shares were withheld at the reporting person’s election to satisfy tax obligations upon RSU release
• Shares owned after transaction: not specified in the provided filing
• Filing date: 2026-09-09 — appears timely (filed within the standard Form 4 timeframe)

Context

• This was a tax-withholding disposition tied to RSU vesting, a routine corporate administration action; it is not an open-market sale that directly signals insider sentiment.
• For investors, withholdings to cover taxes are common and typically do not reflect a decision to monetize shares beyond meeting tax obligations.