Leasure Robert Jr. 4

What Happened
Robert Leasure, President, CEO and a director of Inotiv, reported dispositions on 2026-07-19 totaling 1,361,215 common shares (1,256,215 + 105,000). Both dispositions were reported at $0.00 per share, with total proceeds of $0. These were not open-market sales but shares canceled for no consideration under Inotiv’s confirmed Chapter 11 Plan of Reorganization that became effective on July 19, 2026.

Key Details

• Transaction date: 2026-07-19; Form 4 filed 2026-07-20 (timely within SEC two-business-day rule).
• Shares disposed: 1,256,215 and 105,000 (total 1,361,215) at $0.00 per share; total proceeds $0.
• Footnote F1: Plan confirmed 7/14/2026 and effective 7/19/2026 — all outstanding common shares and equity interests were canceled for no consideration.
• Footnote F2: The canceled shares were held by an entity for which Leasure is the majority security holder.
• Shares owned after transaction: effectively zero common shares remain outstanding for existing holders (shares canceled per the Plan).

Context
This filing reflects equity cancellation as part of a bankruptcy reorganization, not a voluntary sale or purchase by the insider. Cancellations under a Chapter 11 plan wipe out existing common equity; they do not necessarily indicate insider buying or selling sentiment. Retail investors should view this as a restructuring outcome rather than routine insider trading.