INNV.NASDAQInnovage Holding CORP

Form 4: InnovAge Holding Corp. CEO Patrick T. Blair Acquires and Disposes of Shares

Sentiment:

SEC Form 4 Filing

📋All filings for Innovage Holding CORP
🔒Login to Follow

Patrick T. Blair, President and CEO of InnovAge Holding Corp., reports acquiring and disposing of common stock on June 5, 2024.

Summary

  • On June 5, 2024, Patrick T. Blair, the President and CEO of InnovAge Holding Corp., engaged in transactions involving the company's common stock.
  • Blair acquired 123,967 shares of common stock at $0.00 per share.
  • Following the reported transactions, Blair directly owns 631,175 shares of InnovAge Holding Corp.
  • The reported transactions also involve Restricted Stock Units (RSUs) that will vest in three equal installments on the anniversary of the grant date, contingent upon continued service with the Issuer.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it is a standard regulatory filing detailing stock transactions by a company executive. There is no inherent positive or negative implication.

Future Outlook

The vesting of Restricted Stock Units (RSUs) is contingent upon the Reporting Person's continued service with the Issuer.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities and beneficial ownership of company stock. It is a standard practice for executives and directors to receive and trade company stock as part of their compensation and investment strategies.

Key Dates

DateDescription
06/05/2024Date of the earliest transaction involving the acquisition and disposition of common stock.
06/06/2024Date of signature for the report.

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.