Otworth Michael 4
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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.