Scott John Stewart 4

What Happened

• Scott John Stewart, Chief Strategy Officer of Innventure, had 150,053 shares disposed (withheld) on Feb 26, 2026 to satisfy tax withholding related to the vesting of restricted stock units. The filing reports a per-share value of $2.80, totaling $420,148.
• This was a withholding to cover tax obligations on vested RSUs — not an open-market sale or a purchase — and is generally a routine administrative action rather than a directional bet on the stock.

Key Details

• Transaction date: 2026-02-26; Filing date (Form 4): 2026-03-02.
• Price reported: $2.80 per share; Total value of shares withheld: $420,148.
• Shares withheld/disposed: 150,053 (Transaction code F — tax withholding on vesting).
• Footnote: “Shares withheld to cover tax withholding obligations in connection with the vesting of restricted stock units.”
• Shares owned after the transaction: not specified in the reported filing.
• Filing timeliness: Form 4 filed 2026-03-02 for a 2026-02-26 transaction; no late-filing flag indicated in the provided data.

Context

• When RSUs vest, companies commonly withhold a portion of the shares to cover required payroll/tax withholding. These withheld shares are not the insider selling on the market, so they generally do not carry the same informational weight as voluntary open-market sales or purchases.
• Retail investors typically place more emphasis on purchases and voluntary sales; withholding transactions are routine and administrative.