Yablunosky David 4

What Happened

• David Yablunosky, CFO (also CAO and a director) of Innventure, received equity awards on April 2, 2026: 121,228 Restricted Stock Units (RSUs) and 85,795 stock options. Both grants are reported as awards/acquisitions (code A) with $0 reported cost on the Form 4. The stock options carry a $6.00 exercise price, which exceeded the company’s $4.64 closing share price on the grant date.

Key Details

• Transaction date: April 2, 2026. Form 4 filed April 6, 2026 (within the standard two-business-day reporting window).
• RSUs: 121,228 units granted; reported acquisition price $0. Vesting: three equal installments on April 2, 2027, 2028, and 2029, subject to continuous service (see footnote F1).
• Options (derivative): 85,795 nonqualified stock options granted; $6.00 exercise price (premium-priced vs $4.64 close). Vesting: one-third on April 2, 2027, then the remaining two-thirds in eight substantially equal installments every three months thereafter, subject to continuous service (see footnote F2).
• Shares owned after the transaction: not disclosed in the provided filing details.
• No exercise or sale reported—these are grants, not purchases or dispositions.

Context

• These awards are typical executive compensation grants intended to incentivize future service and performance; they are not immediate stock purchases or sales. The options are "out-of-the-money" at grant (strike above market), meaning they only gain intrinsic value if the stock price rises above $6. The RSUs will convert to shares only as they vest, subject to Yablunosky’s continued employment.