InnovAge Holding Corp: 10% owner TCO Group Holdings, L.P. sold 1,500,000 shares

What happened

• TCO Group Holdings, L.P., identified as a 10% owner, sold 1,500,000 shares of InnovAge Holding Corp common stock at $9.25 per share on Oct 21, 2026, for $13,875,000. The filing states the sale was in connection with the underwriters' exercise of their over-allotment option relating to an underwritten public offering (see footnote F1).

Key details

• Transaction date and price: Oct 21, 2026; sale at $9.25 per share (transaction code S).
• Amount and value: 1,500,000 shares sold for $13,875,000.
• Filing date: Oct 23, 2026 (Accession No. 0001193125-26-430414).
• Shares owned after the transaction: the filing does not state the total remaining shares held.
• Relevant footnotes:
  • F1: Sale occurred in connection with the underwriters' exercise of an over-allotment option under the issuer's Form S-3 registration.
  • F2: Shares are held directly by TCO Group Holdings, L.P.; voting and dispositive power are exercised by an LP Board composed of designated representatives from WCAS and Apax, acting by majority vote with at least one WCAS designee and one Apax designee.

Why it may matter

• The filing identifies the seller as a 10% owner, i.e., a large holder rather than an executive officer.
• The filing says the sale was tied to the underwriters' exercise of an over-allotment option (overallotment/green shoe) related to a public offering.
• The filing does not show why the insider traded or why the company acted.