Form 4: InnovAge CEO Patrick Blair Reports Stock Transaction
SEC Form 4 Filing
CEO Patrick Blair reports a transaction involving InnovAge Holding Corp. stock to cover tax obligations related to vesting restricted stock units.
Summary
- On March 1, 2025, Patrick Blair, the CEO of InnovAge Holding Corp., engaged in a transaction involving the company's common stock.
- The transaction involved the withholding of 3,807 shares to satisfy tax obligations related to the vesting and settlement of restricted stock units.
- The price per share for the transaction was $3.25.
- Following the transaction, Blair directly owns 607,174 shares of InnovAge Holding Corp.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to an insider stock transaction, which is neutral in sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, like the CEO, when they engage in transactions involving their company's stock. It provides transparency to the market regarding insider activity.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders as it is related to tax obligations of the CEO.
Key Dates
| Date | Description |
|---|---|
| 03/01/2025 | Date of stock transaction |
| 03/04/2025 | Date of signature on the Form 4 filing |
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