Inotiv (NOTV) Chief Strategy Officer John Sagartz Sells Shares

What Happened
John E. Sagartz, Chief Strategy Officer of Inotiv, sold 2,119 shares of Inotiv common stock on February 17, 2026 at $0.29 per share, generating proceeds of approximately $616. The sale was reported on a Form 4 filed February 19, 2026. This was a sale (not a buy)—specifically a company-facilitated sale to cover tax withholding on vested restricted stock units.

Key Details

• Transaction date and price: 2026-02-17 — 2,119 shares at $0.29/share (total ≈ $616).
• Transaction type/code: Sale (S); footnote indicates tax withholding (F).
• Reason per filing: Shares were automatically sold by the company to satisfy tax withholding obligations upon vesting/settlement of RSUs.
• 10b5-1: The sale was made pursuant to a Rule 10b5-1 instruction entered by the reporting person between Sept 11, 2024 and Oct 9, 2024 (per footnote F1).
• Filing timeliness: Form 4 filed Feb 19, 2026 — appears timely (filed within the standard two-business-day window).
• Shares owned after transaction: Not disclosed in the provided filing details.

Context
Sales to cover tax withholding on vested restricted stock units are common and routine for insiders; they reflect tax/administrative needs rather than an explicit trading signal. The dollar amount here (~$616) is small and unlikely to be material to investors evaluating insider sentiment.