Donnally James O 4
Research Summary
AI-generated summary
Innventure Director James Donnally Receives Award of 108,697 Shares
What Happened
- James O. Donnally, a director of Innventure, Inc. (INV), was issued two awards on April 17, 2026 totaling 108,697 shares (80,848 shares + 27,849 shares). The filing lists these as grant/award acquisitions (transaction code A). No per-share price or total dollar value is provided in the Form 4 (listed as N/A); the awards were issued in connection with achieving a milestone under the Business Combination Agreement.
Key Details
- Transaction date: April 17, 2026 (reported on Form 4 filed May 1, 2026).
- Transaction type/code: Award/Grant (A). Price: N/A (no cash purchase or sale reported).
- Total shares received: 108,697 shares (80,848 + 27,849).
- Ownership disclosures: Footnotes indicate some reported shares are held via the James O. Donnally Revocable Trust (voting/investment power) and the Glockner Family Venture Fund (Reporting Person is a 25% owner and disclaims beneficial ownership except for any pecuniary interest).
- Filing timeliness: Reported late due to an administrative error (footnote F1). Late reporting does not change the substance of the award but delays public disclosure.
Context
- These were compensation/milestone awards tied to the company’s Business Combination Agreement, not open-market purchases or sales. Such awards reflect contractual or milestone-based payouts rather than a director buying or selling shares for market reasons. For retail investors, awards provide information about insider compensation and potential future share supply but are not a direct bullish/bearish trading signal.