InnovAge (INNV) CEO Patrick Blair Receives RSU Award
$INNV · InnovAge Holding Corp.Research Summary
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InnovAge (INNV) CEO Patrick Blair Receives RSU Award
What Happened
Patrick T. Blair, Chief Executive Officer of InnovAge Holding Corp. (INNV), was granted 78,397 restricted stock units (RSUs) on July 27, 2026. The award was reported as an acquisition at $0.00 per share (total reported value $0) because these RSUs are compensation that will convert into common stock if and when vested. This is an award grant, not an open-market purchase or sale.
Key Details
- Transaction date and filing date: 2026-07-27 (Form 4 filed 2026-07-27).
- Grant: 78,397 RSUs @ $0.00 per unit (reported acquisition code A).
- Shares owned after transaction: Not specified in this filing.
- Vesting/footnote: Footnote F1 — the RSUs will be settled in common stock and vest in three equal installments on each anniversary of the grant date, subject to continued service.
- Filing timeliness: No late filing indicated in the Form 4.
Context
RSU grants are a common form of executive compensation intended to align management incentives with shareholder value; they do not result in immediate cash proceeds or share sales. Because these RSUs vest over time and require continued service, they represent potential future equity rather than an immediate market transaction.