4Filed Jul 19, 8:00 PM ET
Inotiv (NOTVQ) Director Mary Theresa Coelho Disposes 74,303 Shares
$NOTVQ · Inotiv, Inc.Research Summary
AI-generated summary of this SEC filing
Inotiv (NOTVQ) Director Mary Theresa Coelho Disposes 74,303 Shares
What Happened
Mary Theresa Coelho, a director of Inotiv, Inc., reported an "other disposition" of 74,303 common shares on July 19, 2026. The shares were disposed with a reported price of $0.00 and total reported value $0. This was not an open-market sale but reflects cancellation of the shares under Inotiv’s Chapter 11 reorganization plan, which became effective July 19, 2026.
Key Details
- Transaction date: July 19, 2026; filing date: July 20, 2026 (timely Form 4 filing).
- Transaction type/code: "Other acquisition or disposition" (code J) — shares cancelled/disposed for $0.00.
- Shares affected: 74,303 shares; reported total proceeds $0.
- Shares owned after transaction: effectively zero common shares (all outstanding common shares were cancelled under the confirmed plan).
- Footnote: The company’s Amended Joint Prepackaged Chapter 11 Plan was confirmed July 14, 2026 and became effective July 19, 2026; on the effective date all outstanding common shares and other equity interests were cancelled for no consideration.
- Interpretation: This action is a bankruptcy-driven cancellation, not a voluntary sale by the insider and does not signal a trading preference or market view.