4Accepted Sep 10, 6:44 PM ET
Innventure (INV) Director Michael Otworth Forfeits 154,829 Shares
Accepted (ET)
6:44 PM
Sep 10, 2026
Filed
Sep 10, 2026
Documents
1
Size
5.3 KB
Summary
Innventure (INV) Director Michael Otworth Forfeits 154,829 Shares
What Happened Michael Otworth, a member of Innventure's Executive Committee and a company director, recorded a disposition on 2026-09-08 of 154,829 shares of Innventure common stock. The Form 4 shows the shares were disposed at $0.00 for total proceeds of $0 — the transaction reflects a voluntary forfeiture/cancellation of previously issued shares, not an open-market sale.
Key Details
- Transaction date: 2026-09-08; Form 4 filed 2026-09-10 (timely filing).
- Transaction code: J (other acquisition/disposition); reported price: $0.00; shares disposed: 154,829; proceeds: $0.
- Footnote F1: The shares were voluntarily forfeited and cancelled per the Issuer’s August 19, 2026 letter to shareholders; the reporting person received no consideration.
- Shares owned after the transaction: not disclosed in the Form 4.
Context A forfeiture/cancellation removes previously issued shares and is not the same as a sale — it does not generate cash for the insider and may reflect a corporate action or agreement described by the company. Such dispositions are generally less informative about an insider’s market view than purchases; this filing should be read as a corporate/administrative cancellation rather than a liquidity-driven sale.