Brown Bruce 4
Research Summary
AI-generated summary
Innventure (INV) Director Bruce Brown Receives Award
What Happened
- Bruce Brown, a director of Innventure, Inc. (INV), was issued 8,951 fully vested common shares on 2026-03-31 at an imputed value of $3.91 per share, totaling $34,998. The transaction is recorded as an award/acquisition (code A) and represents compensation rather than an open-market purchase.
Key Details
- Transaction date and price: March 31, 2026; 8,951 shares at $3.91 per share (total $34,998).
- Transaction type: Award/Grant (A) — shares received as compensation.
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: Shares were received under the Second Amended and Restated Innventure, Inc. Non-Management Director Compensation Plan as an election by Mr. Brown to take equity in lieu of cash retainers for Q1 2026; the shares are fully vested (see footnote F1).
- Filing timeliness: Report filed April 2, 2026; no late filing indicated.
Context
- This was a compensation award (equity retainer) rather than a market buy or sale, so it reflects pay structure, not necessarily the director’s view on the stock.
- The value (~$35k) is modest relative to many insider trades; such awards are common for non-management directors who elect equity in lieu of cash.