Amalfitano Michael 4
Research Summary
AI-generated summary
Innventure (INV) Director Michael Amalfitano Receives RSU Award
What Happened
- Michael Amalfitano, a director of Innventure, Inc. (INV), was granted 18,237 restricted stock units (RSUs) on June 17, 2026. The Form 4 reports an acquisition (code A) of 18,237 shares at $0.00 (a non‑cash equity award) under the Innventure, Inc. 2024 Equity and Incentive Compensation Plan.
Key Details
- Transaction date: 2026-06-17; Form 4 filed: 2026-06-22.
- Transaction type/code: Award/Grant (A) — 18,237 RSUs; price shown $0.00 (typical for RSU grants).
- Shares owned after transaction: Not specified in the Form 4 filing.
- Footnote: RSUs vest on the earlier of (a) the first anniversary of the grant date or (b) the next regularly scheduled annual meeting of stockholders (per the filing).
- Timeliness: Filing occurred five days after the reported transaction date; Form 4s are generally required within two business days, so this appears to be late.
Context
- RSUs are compensation awards that convert to shares only upon vesting; they are not an immediate cash purchase or sale and do not necessarily indicate a buy or sell signal. Tax withholding or share settlement rules may apply at vesting. This is a routine equity grant to an insider rather than an open‑market trade.