FONTNEAU PATRICIA 4

What Happened
Patricia Fontneau, a director of InnovAge Holding Corp. (INNV), received an award of 8,539 restricted stock units (RSUs) on 2026-07-01. The Form 4 reports the acquisition as an award (code A) at $0.00 per unit — RSUs are recorded at $0 on the filing because they are not an immediate cash purchase. This was a grant of equity compensation, not an open-market buy or sale.

Key Details

• Transaction date: 2026-07-01; Form 4 filed: 2026-07-02 (timely filing).
• Transaction type/code: Grant / Award (A).
• Shares/units granted: 8,539 RSUs; reported acquisition price on Form 4: $0.00.
• Shares owned after transaction: not disclosed in the provided filing.
• Footnote: RSUs will be settled in common stock and will vest in full on June 30, 2027, subject to Ms. Fontneau’s continued service with InnovAge.

Context
RSUs are a form of deferred equity compensation; they convert into actual shares only upon vesting and settlement. Grants like this are common for directors and employees and do not by themselves indicate a buy or sell signal in the market until the shares vest or are sold.