Niemeyer Suzanne 4

What Happened

• Director Suzanne Niemeyer received two equity awards from Innventure on April 2, 2026: 121,228 restricted stock units (RSUs) and a grant of stock options covering 85,795 shares. The RSUs were reported as acquired at $0; the stock options carry a $6.00 exercise price (the closing price on the grant date was $4.64), so the options are premium-priced and had no intrinsic value at grant.

Key Details

• Transaction date: April 2, 2026. Form filed April 6, 2026 (appears to be after the typical two-business-day Form 4 deadline).
• RSUs: 121,228 shares granted; reported acquisition value $0.
• Stock options (derivative): 85,795 share-equivalents granted; exercise price $6.00 per share.
• Shares owned after the transaction: not specified in this filing.
• Footnotes: RSUs vest in three equal installments on 4/2/2027, 4/2/2028 and 4/2/2029, subject to continuous service. Options vest 1/3 on 4/2/2027, then the remaining 2/3 vest in eight substantially equal quarterly installments thereafter; options are nonqualified and exercisable for common stock.
• No 10b5-1 plan, tax withholding, or immediate sale reported.

Context

• These are grant/award transactions (not open-market purchases or sales), so they reflect compensation rather than a direct buy/sell signal. The options are "premium-price" (strike above market at grant) and therefore had no intrinsic value on the grant date; their potential value depends on future stock price appreciation and meeting vesting/service conditions. The filing date (Apr 6) is later than the typical two-business-day Form 4 filing window for Apr 2 transactions, which may indicate a delayed filing.