4/A: Innovex CFO Amends Stock Tax Withholding Details
Beneficial Ownership Amendment
Innovex International CFO Kendal Reed amended a Form 4 filing to correct the number of shares withheld for tax obligations related to restricted stock units.
Summary
- Kendal Reed, Chief Financial Officer of Innovex International, Inc. (INVX), filed an amended Form 4.
- The amendment corrects the number of shares withheld to satisfy tax withholding obligations upon the release of restricted stock units.
- The transaction date for the withholding was September 8, 2025.
- A total of 4,900 shares of Common Stock were withheld at a deemed price of $16.82 per share.
- Following this transaction, Kendal Reed beneficially owns 206,859 shares of Common Stock directly.
- The original Form 4, filed on September 10, 2025, incorrectly reported 3,033 shares withheld; the correct amount is 4,900 shares.
Sentiment
Score: 5
Explanation: Neutral, as this is a routine compliance amendment correcting a clerical error in a beneficial ownership report, with no material impact on company operations or financial performance.
Industry Context
This filing is a routine compliance amendment specific to an individual's beneficial ownership and does not provide broader industry context or trends.
Stakeholder Impact
- Shareholders: Minimal impact, as this is a clerical correction to an insider's beneficial ownership filing and does not reflect operational or financial changes.
Key Dates
| Date | Description |
|---|---|
| 09/08/2025 | Date of transaction where shares were withheld for tax obligations. |
| 09/10/2025 | Date the original Form 4 was filed. |
| 09/29/2025 | Signature date of the amended Form 4. |
Keywords
Innovex International, INVX, Kendal Reed, CFO, Form 4/A, SEC filing, beneficial ownership, stock transaction, tax withholding, restricted stock units
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