Taylor Beth A. 4
Research Summary
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Inotiv CFO Beth Taylor Disposes 139,616 Shares (Bankruptcy)
What Happened Beth A. Taylor, Chief Financial Officer of Inotiv, reported a disposition of 139,616 common shares on July 19, 2026. The reported price is $0.00 and total proceeds are $0 — the shares were canceled as part of the company's Chapter 11 reorganization rather than sold on the open market.
Key Details
- Transaction date: 2026-07-19; Report filed: 2026-07-20 (accession 0001522046-26-000006).
- Transaction type/code: "Other acquisition or disposition" (Code J) — reported as a disposition at $0.00.
- Shares affected: 139,616 shares canceled; proceeds reported $0.
- Shares owned after transaction: None (all outstanding common shares were canceled).
- Footnote: The company’s Amended Joint Prepackaged Chapter 11 Plan was confirmed July 14, 2026, and became effective July 19, 2026; on the effective date all outstanding common shares were canceled for no consideration.
- Filing timeliness: Report filed the day after the effective date (not indicated as late).
Context This transaction reflects a corporate restructuring under a court-confirmed Chapter 11 reorganization plan, not an insider selling shares into the market. The cancellation of common stock for no consideration is a consequence of the bankruptcy plan becoming effective and results in no cash proceeds to the insider.