Inotiv (NOTVQ) COO John Gregory Beattie Disposes 180,992 Shares

What Happened John Gregory Beattie, Chief Operating Officer of Inotiv, Inc. (NOTVQ), reported an other disposition of 180,992 common shares dated July 19, 2026. The filing shows the shares were disposed at $0.00 — reflecting cancellation rather than a market sale — resulting in no proceeds to the insider.

Key Details

• Transaction date: 2026-07-19 (reported on Form 4 filed 2026-07-20)
• Transaction type/code: Other disposition (code J) — 180,992 shares @ $0.00 (no cash received)
• Shares owned after transaction: 0 (all outstanding common shares were canceled)
• Footnote: The company’s Chapter 11 Plan of Reorganization was confirmed on July 14, 2026 and became effective on July 19, 2026; on the effective date all outstanding common shares and other equity interests were canceled for no consideration.
• Filing timeliness: Form 4 was filed the day after the effective date (appears timely under standard reporting windows).

Context This was not a typical open-market sale or purchase. The disposition reflects the corporate reorganization under Chapter 11 that canceled existing common equity, so it does not indicate insider trading or provide proceeds to the insider. Retail investors should view this as a restructuring outcome rather than a vote of confidence or concern from the COO.