Form 4: Innventure Director Acquires Stock
Statement of Changes in Beneficial Ownership
Innventure, Inc. Director Daniel J. Hennessy acquired 6,394 shares of common stock under the company's Non-Management Director Compensation Plan.
Summary
- Daniel J. Hennessy, a Director at Innventure, Inc., acquired 6,394 shares of common stock on March 31, 2026.
- The acquisition was made under the Second Amended and Restated Innventure, Inc. Non-Management Director Compensation Plan.
- These shares were received in lieu of cash retainers that would have otherwise been paid to Mr. Hennessy for the first calendar quarter of 2026.
- The acquisition price was $3.91 per share.
- Following this transaction, Mr. Hennessy beneficially owns 767,489 shares of common stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this filing as neutral, as it reports a routine transaction related to director compensation rather than significant operational or financial news.
Positives
- Director compensation plan is functioning as intended, allowing for stock acquisition in lieu of cash.
- Director Hennessy's continued beneficial ownership of a significant number of shares (767,489) indicates alignment with company performance.
Future Outlook
No specific future outlook or guidance is provided in this Form 4 filing, which solely reports a change in beneficial ownership.
Industry Context
StockSavvy.ai notes that the use of stock-based compensation for non-management directors is a common practice in many industries, including technology and growth-oriented companies, to align director interests with those of shareholders and conserve cash.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Director Compensation Plan | Director Daniel J. Hennessy received 6,394 shares of common stock under the Second Amended and Restated Innventure, Inc. Non-Management Director Compensation Plan in lieu of cash retainers for Q1 2026. | 03/31/2026 | Reinforces alignment of director interests with shareholders and conserves company cash. |
Related Party Transactions
- The acquisition of 6,394 shares by Director Daniel J. Hennessy under the company's Non-Management Director Compensation Plan is a related party transaction.
Stakeholder Impact
- Shareholders: The transaction reflects a standard compensation practice that aligns director interests with long-term company performance. The issuance of stock instead of cash may also be viewed positively for cash conservation.
- Employees: No direct impact is indicated.
- Management: Continues to operate under established compensation structures.
- Creditors: No direct impact is indicated.
Key Dates
| Date | Description |
|---|---|
| 03/31/2026 | Transaction Date for stock acquisition. |
| 03/31/2026 | Earliest transaction date reported. |
| 04/02/2026 | Date of signature for the filing. |
Keywords
Innventure, Inc., Form 4, Director Compensation, Stock Acquisition, Beneficial Ownership, SEC Filing, Daniel J. Hennessy
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