Leasure Robert Jr. 4

What Happened Robert Leasure Jr., President & CEO and director of Inotiv, Inc. (NOTV), had 16,810 shares of common stock sold on February 17, 2026. The shares were disposed of in multiple transactions at prices ranging $0.29–$0.30 (weighted average ≈ $0.295), for total proceeds of approximately $4,964. The sale was executed to satisfy tax-withholding obligations upon the vesting and settlement of restricted stock units.

Key Details

• Transaction date: February 17, 2026; Form 4 filed February 19, 2026 (appears timely — within the 2 business‑day window).
• Type: Sale (S) — open market or otherwise; multiple trades with prices $0.29–$0.30; weighted average price reported.
• Shares sold: 16,810; proceeds ≈ $4,964.
• Reason/footnotes: Sale was automatic to satisfy tax withholding on vested RSUs and was made pursuant to a Rule 10b5‑1 instruction entered between Sept 11, 2024 and Oct 9, 2024 (F1, F2).
• Ownership disclosure: Filing notes shares held by an entity for which Mr. Leasure is the majority security holder and disclaims ownership except for pecuniary interest (F3).
• Shares owned after transaction: Not disclosed in the provided filing excerpt.

Context This was a routine tax‑withholding sale tied to RSU vesting (not an opportunistic open‑market trade). Tax‑withholding sales under 10b5‑1 instructions are common and generally indicate administrative disposition rather than a signal about the insider’s market view.