Amberjack Management, LLC 4

What Happened

• Amberjack Capital Partners, L.P. (reported as a 10% owner) sold a total of 6,612,500 shares of Innovex International, Inc. on February 27, 2026. The sales were reported as dispositions (code S) in connection with an underwritten secondary offering. The filing lists a per-share receipt of $24.59125 (public offering price was $25.75), for aggregate proceeds of about $162.6 million.

Key Details

• Transaction date: 2026-02-27; reported price received per share: ~$24.59125 (public offering price was $25.75 before underwriting discounts).
• Shares sold (by line items reported): 4,902,244; 1,144,635; 271,279; 234,009; 116; 60,217 — total 6,612,500 shares.
• Aggregate proceeds: approximately $162.6 million (sum of the reported dispositions).
• Shares owned after transaction: not specified in the excerpt provided; see the full Form 4/filing for post-transaction holdings.
• Notable footnotes: sales consisted of shares held directly by Amberjack-affiliated funds and were sold in the Offering; Amberjack Funds received the offering proceeds net of underwriting discounts. Filing explains the fund/general-partner structure and notes that certain individuals (e.g., Jason Turowsky) may be deemed to have control but disclaim beneficial ownership beyond pecuniary interests.
• Filing notes: this Form 4 is the second of two filings relating to the same event because there are more than 10 reporting persons in total. No late-filing indication appears in the provided text.

Context

• This was a coordinated institutional sale in an underwritten secondary offering — not an individual insider selling on the open market — so it reflects placement of fund-held shares rather than an executive personal liquidity event. For retail investors, purchases generally carry more signal than routine institutional secondary sales; these types of offerings commonly involve underwriting discounts and pre-arranged distributions of fund holdings.
• Transaction code: S = Sale/Disposition.