Innventure (INV) Exec Chairman Michael Otworth Buys 231,000 Shares
$INV · Innventure, Inc.Research Summary
AI-generated summary of this SEC filing
Innventure (INV) Exec Chairman Michael Otworth Buys 231,000 Shares
What Happened
Michael Otworth, Executive Chairman and Director of Innventure, Inc. (INV), reported purchasing 231,000 shares on 2026-08-20. The total reported value is approximately $349,295 based on a weighted average price of $1.51 per share. The Form 4 lists the transaction type as a purchase (code P), described as an open market or private purchase.
Key Details
- Transaction date: 2026-08-20; filing date: 2026-08-21 (timely filing).
- Reported quantity and value: 231,000 shares; weighted average price $1.51; total ≈ $349,295.
- Price range note: Footnote states the weighted-average reflects multiple trades at prices from $1.46 to $1.59; the filer will provide a per-price breakdown on request (Footnote F1).
- Shares owned after the transaction: not specified in the provided filing.
- Transaction code: P (purchase). No 10b5-1 plan, tax withholding, or other special conditions were reported in the supplied details.
Context
This was a direct purchase by an executive, which retail investors often view as a positive signal, though no inference about motivation should be made. The filing appears timely (filed the next day). If you need the exact per-trade prices or post-transaction holdings, those can be requested from the issuer or SEC filing staff per the footnote.