Sagartz John E 4
Research Summary
AI-generated summary
Inotiv (NOTV) CSO John E. Sagartz Withholds 6,071 Shares for Taxes
What Happened
- John E. Sagartz, Chief Strategy Officer and Director of Inotiv, had 6,071 shares withheld to satisfy tax withholding on vested restricted stock units. The shares were recorded at $0.02 per share, for a total value of roughly $112. This was a tax-withholding disposition (routine), not an open-market sale or purchase.
Key Details
- Transaction date: 2026-06-18; price: $0.02 per share; shares withheld/disposed: 6,071; total value ≈ $112.
- Shares owned after the transaction: not disclosed in the filing.
- Footnote: F1 — shares were withheld by Inotiv to satisfy tax withholding obligations on RSU vesting.
- Filing: Form 4 filed 2026-06-23 for the 2026-06-18 transaction — appears to be filed after the standard 2-business-day window (i.e., late by one business day).
Context
- This was a tax-withholding action related to vested RSUs (code F), effectively a cashless way to cover taxes; it does not necessarily indicate the insider’s view of the company’s prospects. Purchases or open-market sales generally carry more informational weight for investors.