Form 4: InnovAge Holding Corp. Director Kennedy Edward Moore Jr. Reports Acquisition and Disposal of Shares

Director Kennedy Edward Moore Jr. reports acquiring 19,841 shares of InnovAge Holding Corp. and disposing of shares on September 5, 2024.

Summary

• On September 5, 2024, Kennedy Edward Moore Jr., a director of InnovAge Holding Corp., reported acquiring 19,841 shares of common stock at $0.
• Moore also disposed of 42,841 shares.
• Following these transactions, Moore directly owns 42,841 shares of InnovAge Holding Corp.
• The 19,841 shares acquired represent Restricted Stock Units (RSUs) that will vest on July 1, 2025, contingent upon continued service with the Issuer.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting changes in beneficial ownership. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about stock transactions.

Future Outlook

The vesting of the RSUs is contingent upon the Reporting Person's continued service with the Issuer until July 1, 2025.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is a common practice for publicly traded companies.

Stakeholder Impact

• The transaction may have a minor impact on shareholders as it reflects insider activity, but the overall impact is likely minimal given the size of the transaction relative to the company's market capitalization.

Key Dates