Neff R Matthew 4

What Happened
Neff R. Matthew, a director of Inotiv, Inc., recorded a disposition of 151,102 common shares on July 19, 2026. The transaction is coded as an "other acquisition or disposition (J)" at $0.00 per share, with total proceeds of $0. This disposition reflects the cancellation of all outstanding common shares when Inotiv’s Amended Joint Prepackaged Chapter 11 Plan became effective on July 19, 2026—not a market sale.

Key Details

• Transaction date: 2026-07-19 (reported on Form 4 filed 2026-07-20) — timely filing.
• Transaction type/code: Other acquisition/disposition (J) — cancellation under the reorganization plan.
• Shares disposed: 151,102; Price: $0.00; Total proceeds: $0.
• Shares owned after transaction: 0 (all outstanding common shares were canceled).
• Footnote: The Chapter 11 Plan was confirmed July 14, 2026, and became effective July 19, 2026; on the effective date all outstanding common shares and equity interests were canceled for no consideration.

Context
This is a corporate restructuring outcome from a confirmed Chapter 11 plan, not an insider selling stock into the market. When a reorganization plan cancels common equity for no consideration, holders receive no cash for their shares; the Form 4 reports that technical disposition. Retail investors should view this as a bankruptcy-related corporate event rather than an insider trading signal.