BLAIR PATRICK T 4
4 · InnovAge Holding Corp. · Filed Jun 8, 2026
Research Summary
AI-generated summary of this filing
InnovAge (INNV) CEO Patrick T. Blair Withholds 21,969 Shares for Taxes
What Happened
Patrick T. Blair, CEO of InnovAge Holding Corp. (INNV), had a total of 21,969 shares withheld to satisfy tax withholding obligations tied to the vesting and settlement of restricted stock units. The withholding occurred in two dispositions: 11,881 shares on 2026-06-05 for $7.30/share ($86,731) and 10,088 shares on 2026-06-06 for $7.30/share ($73,642), for a combined value of $160,373. These were tax-withholding dispositions (transaction code F), not open-market sales indicating a trading decision.
Key Details
- Transaction dates and prices: 2026-06-05 — 11,881 shares @ $7.30; 2026-06-06 — 10,088 shares @ $7.30.
- Total shares withheld: 21,969; total value ≈ $160,373.
- Shares owned after transaction: Not specified in this Form 4.
- Footnote: F1 — shares were withheld to satisfy the Reporting Person's tax obligations in connection with the vesting and settlement of restricted stock units.
- Filing: Form 4 filed 2026-06-08 (appears to be timely).
Context
This was a routine tax-withholding event tied to RSU vesting (common practice where a portion of shares is retained to cover taxes). Because shares were withheld rather than sold on the open market by the insider, this filing generally does not signal a change in the insider’s view of the company.
Insider Transaction Report
- Tax Payment
Common Stock, $0.001 par value
[F1]2026-06-05$7.30/sh−11,881$86,731→ 697,191 total - Tax Payment
Common Stock, $0.001 par value
[F1]2026-06-06$7.30/sh−10,088$73,642→ 687,103 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.