Form 4: InnovAge Holding Corp. Executive Richard Feifer Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Chief Medical Officer Richard Feifer reports acquisition and disposal of InnovAge Holding Corp. stock.

Summary

  • On June 4, 2024, Richard Feifer, Chief Medical Officer of InnovAge Holding Corp., reported changes in beneficial ownership of the company's stock.
  • Feifer acquired 108,226 shares of common stock at $0.00, and disposed of 243,234 shares.
  • Following these transactions, Feifer beneficially owns 243,234 shares of InnovAge Holding Corp.
  • The acquisition represents 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 document is a standard SEC filing reporting changes in beneficial ownership. It is neutral in sentiment as it simply reports facts.

Future Outlook

The RSUs will vest in three equal installments on the anniversary of the grant date, subject to the Reporting Person's continued service with the Issuer.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency to investors regarding the holdings and transactions of company insiders.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding executive stock ownership.
  • The vesting of RSUs incentivizes the executive to remain with the company.

Key Dates

DateDescription
06/04/2024Date of the reported transaction (acquisition and disposal of shares).
06/06/2024Date of signature for the report.

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