Innovex (INVX) CEO Adam Anderson Withholds 13,463 Shares for Taxes

What Happened
Adam Anderson, Chief Executive Officer of Innovex International, had 13,463 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 value of $404,832. This was a tax-withholding (not an open-market sale) and is generally a routine administrative transaction.

Key Details

• Transaction date: 2026-09-06; Filing date (Form 4): 2026-09-09. No late-file flag indicated in the filing provided.
• Shares withheld / disposed: 13,463 at $30.07 each; total value reported $404,832.
• Transaction code: F — shares withheld to satisfy tax obligations upon RSU release (footnote: "The Shares are withheld at the election of the Reporting Person to satisfy tax withholding obligations with the release of restricted stock units.").
• Shares owned after the transaction: not specified in the provided filing excerpt.

Context
This type of transaction is a cashless settlement/tax withholding for RSUs and does not represent a voluntary sale in the open market. Such withholding is routine when equity awards vest and typically reflects tax obligations rather than a change in the insider’s view of the company.