Delk Meredith 4
Research Summary
AI-generated summary
InnovAge (INNV) CAO Delk Meredith Receives Award
What Happened
- Delk Meredith, Chief Administrative Officer of InnovAge Holding Corp. (INNV), was granted 42,808 restricted stock units (RSUs) on 2026-07-22. The Form 4 reports an acquisition price of $0.00 per unit (award/grant), so the reported acquisition value is $0. This is an equity compensation award, not a purchase or sale.
Key Details
- Transaction date: 2026-07-22; Form 4 filed: 2026-07-23.
- Transaction type: Award/Grant (code A) — 42,808 RSUs granted at $0.00 per unit.
- Shares owned after transaction: Not specified in the information provided.
- Footnote: The RSUs will be settled in shares and vest in three equal installments on each anniversary of the grant date, subject to continued service (per footnote F1).
- No 10b5-1 plan, tax-withholding sale, or late-filing indication is shown in the provided details.
Context
- RSU grants are a common form of executive compensation and require no cash outlay by the recipient; they convert to shares only as they vest. Such awards are routine and do not by themselves signal an insider buying or selling stock.