DAMATO NICOLE 4
4 · InnovAge Holding Corp. · Filed Jun 8, 2026
Research Summary
AI-generated summary of this filing
InnovAge (INNV) CLO Nicole Damato Withholds Shares for Taxes
What Happened
- Nicole Damato, Chief Legal Officer of InnovAge Holding Corp. (INNV), had a total of 23,064 shares withheld to satisfy tax obligations in connection with the vesting/settlement of restricted stock units (RSUs).
- Transactions: 15,046 shares withheld at $7.20 on 2026-06-04 (value $108,331) and 8,018 shares withheld at $7.30 on 2026-06-06 (value $58,531). Combined value ≈ $166,862.
- These were tax-withholding dispositions (not open-market sales) and are routine when RSUs vest.
Key Details
- Transaction dates/prices: 2026-06-04 — 15,046 shares @ $7.20; 2026-06-06 — 8,018 shares @ $7.30.
- Shares owned after transaction: not specified in the provided filing data.
- Footnote: F1 — shares were withheld to satisfy the Reporting Person’s tax obligations on vesting/settlement of RSUs (cashless withholding).
- Filing: Form 4 filed 2026-06-08. The filing does not indicate a late report.
Context
- This is a tax-withholding event related to RSU vesting (a common, administrative disposition). It differs from an open-market sale because shares are retained by the company/broker to cover taxes rather than being sold by the insider into the market.
- Such withholding transactions are routine and do not necessarily signal the insider’s view on the company’s stock price. Purchases or open-market sales typically carry more informational weight for investors.
Insider Transaction Report
Form 4
DAMATO NICOLE
CHIEF LEGAL OFFICER
Transactions
- Tax Payment
Common Stock, $0.001 par value
[F1]2026-06-04$7.20/sh−15,046$108,331→ 304,761 total - Tax Payment
Common Stock, $0.001 par value
[F1]2026-06-06$7.30/sh−8,018$58,531→ 296,743 total
Footnotes (1)
- [F1]Represents shares withheld to satisfy the Reporting Person's tax obligations in connection with the vesting and settlement of restricted stock units.
Signature
/s/ Nicole D'Amato|2026-06-08