Form 4: Innovid Corp. Director Juillard's Holdings Canceled in Merger

Genevieve Juillard, a director at Innovid Corp., had her common stock and unvested restricted stock units canceled and converted to cash as part of the merger with Mediaocean LLC.

Summary

• This Form 4 filing reports changes in beneficial ownership for Genevieve Juillard, a director at Innovid Corp.
• On February 13, 2025, Juillard's holdings in Innovid Corp. common stock were affected by the merger with Mediaocean LLC.
• All shares of common stock and unvested restricted stock units held by Juillard were canceled.
• These holdings were converted into the right to receive a lump sum cash payment of $3.15 per share or restricted stock unit.
• The filing indicates that Juillard directly owned 605,568 shares of common stock, which included 318,284 unvested restricted stock units.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports a standard transaction related to a merger. There are no indications of unexpected issues or significant positive/negative outcomes beyond the planned merger terms.

Future Outlook

The document does not contain any specific forward-looking statements beyond the completion of the merger.

Industry Context

This announcement reflects consolidation activity within the media and advertising technology sector, where companies are merging to gain scale and expand their capabilities.

Stakeholder Impact

• Shareholders received $3.15 per share as part of the merger agreement.

Key Dates

Keywords

Form 4, Beneficial Ownership, Merger, Innovid Corp., Mediaocean LLC, Juillard, Common Stock, Restricted Stock Units, Cash Payment