Form 4: InnovAge CLO Nicole D'Amato Reports Stock Transactions

InnovAge Holding Corp. Chief Legal Officer Nicole D'Amato reported the withholding of shares to cover tax obligations related to RSU vesting.

Summary

• Chief Legal Officer Nicole D'Amato disposed of 15,046 shares on 06/04/2026 at a price of $7.20.
• Chief Legal Officer Nicole D'Amato disposed of 8,018 shares on 06/06/2026 at a price of $7.30.
• The transactions were executed to satisfy tax withholding obligations associated with the vesting of restricted stock units.
• Following these transactions, the reporting person maintains a direct beneficial ownership of 296,743 shares of common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the share reduction is purely administrative to satisfy tax liabilities related to vested equity.

Positives

• The transactions were routine tax-related withholdings rather than discretionary open-market sales, indicating continued long-term alignment with company equity.

Negatives

• Reduction in total direct share ownership by 23,064 shares.

Risks

• None identified; this is a standard administrative filing regarding tax obligations.

Future Outlook

Not applicable; this is a retrospective disclosure of equity transactions.

Industry Context

StockSavvy.ai notes that Form 4 filings involving tax withholdings are standard industry practice for executives receiving equity-based compensation and do not typically signal a change in management sentiment regarding company performance.

Comparison to Industry Standards

• The transaction structure is consistent with standard executive compensation practices across the healthcare and services sectors.

Stakeholder Impact

• Minimal impact on shareholders as the transaction is a routine tax-related settlement.

Key Dates

Keywords

INNV, InnovAge Holding Corp, Form 4, Insider Trading, Equity Compensation, Tax Withholding