Leasure Robert Jr. 4

What Happened Robert Leasure Jr., President & CEO and a director of Inotiv, sold 113,297 shares of Inotiv common stock on February 2, 2026. The transaction generated total proceeds of approximately $57,034 — a weighted average price of roughly $0.50 per share (sales priced between $0.4919 and $0.5322). The Form 4 reports the disposition as a sale and indicates the shares were sold to satisfy tax withholding obligations.

Key Details

• Transaction date: February 2, 2026; Form 4 filed February 3, 2026 (timely filing).
• Shares sold: 113,297; total proceeds ≈ $57,034; weighted average price ≈ $0.50; price range $0.4919–$0.5322 (per filing footnote).
• Reason: Automatic sell-to-cover to satisfy tax withholding on vesting/settlement of restricted stock units (footnote F1).
• Ownership after transaction: Not reported in the provided filing.
• Other note: Footnote F3 states some shares are held by an entity for which Mr. Leasure is the majority security holder and he disclaims beneficial ownership except for pecuniary interest.
• Transaction type code: S = Sale; this was not a purchase or exercise.

Context This sale was a routine sell-to-cover for tax withholding tied to RSU vesting, which is common and not necessarily a directional signal about the insider’s view of the company. For retail investors, purchases by insiders often carry more informational weight than routine withholding sales.