Donnally James O 4
Research Summary
AI-generated summary
Innventure (INV) Director James O. Donnally Receives RSUs and Gifts Shares
What Happened
- James O. Donnally, a director of Innventure, Inc. (INV), was granted 18,237 restricted stock units (RSUs) on June 17, 2026 (no cash exchanged; reported price $0.00). On the same day he transferred (reported as a gift) 22,305 shares of Innventure common stock to the James O. Donnally Revocable Trust (also reported at $0.00). These are not open-market purchases or sales — the RSUs are an award and the transfer is a gift to a trust.
Key Details
- Transaction date: June 17, 2026.
- Grant: 18,237 RSUs (price reported $0.00); these are RSUs under the 2024 Equity and Incentive Compensation Plan (see footnote F1).
- Gift/Transfer: 22,305 shares transferred to the James O. Donnally Revocable Trust (reported as both a disposition by Donnally and an acquisition by the trust at $0.00) (see footnote F2).
- Vesting: RSUs vest on the earlier of (a) the first anniversary of grant or (b) the next regularly scheduled annual meeting of stockholders (footnote F1).
- Control: The reporting person retains voting and investment power over the shares held by the Donnally Trust (footnotes F2–F3).
- Other holdings noted: shares held by Glockner Family Venture Fund (the reporting person is a 25% owner and disclaims beneficial ownership except for any pecuniary interest) and Our-No Family Holdings (reporting person has voting/investment power) (footnotes F4–F5).
- Filing timing: Form 4 was filed on June 22, 2026 for transactions dated June 17, 2026 (filed five days after the transactions), which is later than the standard two-business-day Form 4 filing window.
Context
- RSU grants are compensation awards that vest later and do not require the insider to pay cash at grant; they are not an immediate market buy signal.
- Gifts or transfers to a revocable trust are common estate or ownership-structure moves and do not necessarily reflect trading sentiment — here Donnally retains voting and investment power over the trust shares.
- No cash proceeds or open-market sales/purchases were reported in this filing.