Otworth Michael 4
4 · Innventure, Inc. · Filed May 1, 2026
Research Summary
AI-generated summary of this filing
Innventure (INV) Exec Chairman Michael Otworth Receives Award
What Happened Michael Otworth, Executive Chairman and a director of Innventure, Inc. (INV), was granted 154,829 shares on April 17, 2026. The transaction is reported on a Form 4 filed May 1, 2026. No per-share price or total dollar value is provided on the filing (listed as N/A). This was an award/acquisition (transaction code A), not a sale.
Key Details
- Transaction date: 2026-04-17; Form 4 filed: 2026-05-01 (Accession: 0001628280-26-029489).
- Shares received: 154,829; price: N/A; total value: N/A (not disclosed).
- Shares owned after the transaction: not specified in the filing.
- Footnote F1: filing was reported late due to an administrative error (timeliness = L).
- Footnote F2: shares were received in connection with achieving a milestone under the Business Combination Agreement dated October 24, 2023.
Context This was an award tied to a contractual milestone under the company’s business combination agreement, rather than an open-market purchase or sale. Awards like this are typically compensation or milestone-based equity grants and do not by themselves indicate insider buying or selling intentions. The late filing is noted by the company as an administrative error; late reporting can delay public visibility into insider holdings.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-04-17+154,829→ 3,550,087 total
Footnotes (2)
- [F1]This transaction is being reported late due to an administrative error.
- [F2]Received in connection with the achievement of a milestone pursuant to the Business Combination Agreement (as amended and supplemented or otherwise modified), dated as of October 24, 2023, by and among Innventure, Inc. (the "Issuer") (f/k/a Learn SPAC HoldCo, Inc.), Learn CW Investment Corporation, Innventure LLC, a wholly-owned subsidiary of the Issuer, LCW Merger Sub, Inc., and Innventure Merger Sub, LLC.