Landman David 4
4 · Inotiv, Inc. · Filed Jul 20, 2026
Research Summary
AI-generated summary of this filing
Inotiv (NOTVQ) Director David Landman: 216,243 Shares Canceled
What Happened
David Landman, a director of Inotiv, Inc., recorded a disposition of 216,243 common shares on July 19, 2026. The reported price per share was $0.00 and total proceeds $0. This was not an open-market sale but a corporate-action disposition: pursuant to Inotiv’s confirmed Chapter 11 plan, all outstanding common shares were canceled for no consideration on the plan’s effective date.
Key Details
- Transaction date: 2026-07-19 (reported on Form 4 filed 2026-07-20). Filing appears timely.
- Transaction type: "Other acquisition or disposition (J)" — 216,243 shares disposed at $0.00; total value $0.
- Shares owned after transaction: 0 (all outstanding common shares were canceled under the confirmed plan).
- Footnote: The Amended Joint Prepackaged Chapter 11 Plan was confirmed July 14, 2026, and became effective July 19, 2026; on that effective date all common shares and other equity interests were canceled for no consideration.
Context
This disposition reflects a bankruptcy reorganization outcome (equity cancellation) rather than an insider-initiated sale or purchase. Dispositions showing $0 generally indicate cancellation or similar corporate actions and do not reflect trading sentiment or personal liquidity events by the insider.
Insider Transaction Report
- Other
Common Stock
[F1]2026-07-19−216,243→ 0 total
Footnotes (1)
- [F1]The Amended Joint Prepackaged Chapter 11 Plan of Reorganization of Inotiv, Inc. and its Affiliated Debtors (the "Plan") under Chapter 11 of the Bankruptcy Code was confirmed by the United States Bankruptcy Court for the Southern District of Texas, Houston Division, on July 14, 2026, and became effective on July 19, 2026. On the effective date of the Plan, all outstanding common shares and other equity interests of Inotiv, Inc. were canceled for no consideration.