Form 4: Innventure 10% Owner Sells Over 700K Shares

WE-INN LLC, a 10% owner and director of Innventure, Inc., reported the sale of 717,791 shares of common stock over three days in early December 2025.

Summary

• WE-INN LLC, identified as a Director and 10% Owner of Innventure, Inc. (INV), reported multiple sales of common stock.
• On December 1, 2025, 427,301 shares were sold at a volume-weighted average price (VWAP) of $5.11 per share, with prices ranging from $4.88 to $5.62.
• On December 2, 2025, an additional 117,901 shares were sold at a VWAP of $4.95 per share, with prices ranging from $4.79 to $5.12.
• On December 3, 2025, 172,589 shares were sold at a VWAP of $4.76 per share, with prices ranging from $4.52 to $5.00.
• Following these transactions, WE-INN LLC beneficially owns 6,572,561 shares of Innventure, Inc. common stock.
• The sales were conducted pursuant to a Rule 10b5-1(c) plan, indicating a pre-arranged trading plan.
• The securities are owned indirectly and jointly by Gregory Wasson and Kimberly Wasson, who share voting and dispositive power over the shares held by WE-INN LLC.

Sentiment

Score: 3

Explanation: The sentiment is negative due to significant insider selling by a 10% owner and director. While the sales were under a 10b5-1 plan, the sheer volume and the declining average price over the transaction days could be perceived as a lack of confidence or a move to reduce exposure, which typically weighs on investor sentiment.

Negatives

• A significant volume of shares (717,791) were sold by a 10% owner and director over a short period.
• The average selling price decreased over the three days, from $5.11 to $4.76, potentially indicating downward price pressure or a large block sale impacting market price.

Risks

• Insider selling, especially by a significant owner and director, can be perceived negatively by the market and may signal a lack of confidence in the company's near-term prospects.
• Large sales volumes could put downward pressure on the stock price, particularly if the market interprets the sales as opportunistic rather than purely for diversification or liquidity.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding Innventure, Inc.'s future performance.

Industry Context

Insider selling is a common occurrence across all industries. However, significant sales by a 10% owner and director can sometimes be interpreted as a signal regarding the company's internal outlook, potentially influencing investor sentiment more than routine sales by other insiders.

Related Party Transactions

• WE-INN LLC, a 10% owner and director, sold 717,791 shares of Innventure, Inc. common stock.

Stakeholder Impact

• Shareholders may interpret the significant insider selling as a negative signal, potentially leading to decreased investor confidence and downward pressure on the stock price.
• The reduction in ownership by a key insider could alter the perception of alignment between management/large shareholders and common shareholders.

Key Dates

Recommendation

While significant insider selling by a 10% owner and director is a negative signal, the sales were conducted under a Rule 10b5-1 plan, suggesting they were pre-scheduled and not necessarily indicative of new, adverse information. However, the volume of sales and the declining average price warrant caution. Investors should hold and monitor for further developments or other fundamental news before making a definitive buy or sell decision, as this alone might not be a strong enough catalyst for a 'sell' recommendation without additional context.

Keywords

Innventure Inc., INV, Form 4, Insider Selling, Stock Sale, WE-INN LLC, 10b5-1 plan, Director Transaction, Beneficial Ownership