Form 4: Innventure Inc. Executive Receives Stock Options

Innventure, Inc. reports that CFO and CAO David Yablunosky was granted nonqualified stock options and received restricted stock units.

Summary

• David Yablunosky, CFO and CAO of Innventure, Inc., received a grant of 85,795 nonqualified stock options on April 2, 2026.
• These stock options have an exercise price of $6.00, which is higher than the closing price of $4.64 on the grant date.
• The options vest in installments, with one-third vesting on April 2, 2027, and the remainder vesting quarterly thereafter.
• Yablunosky also received restricted stock units under the Innventure, Inc. 2024 Equity and Incentive Compensation Plan.
• These restricted stock units vest in three equal installments on April 2, 2027, April 2, 2028, and April 2, 2029.
• Following these transactions, Yablunosky beneficially owns 542,758 shares of common stock directly and 32,866 shares indirectly through a Roth IRA.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it primarily details routine executive compensation adjustments rather than significant financial performance or strategic shifts.

Positives

• Grant of stock options and restricted stock units indicates management's long-term commitment and alignment with shareholder value.
• The premium exercise price on stock options suggests a strategy to incentivize significant stock price appreciation.
• Vesting schedules for both options and RSUs are tied to continuous service, promoting retention.

Negatives

• The exercise price of the stock options ($6.00) is higher than the current market price ($4.64) as of the grant date, meaning these options are currently out-of-the-money.
• The vesting of restricted stock units is contingent on continuous service, which could be a risk if the executive departs.

Risks

• The stock options are currently underwater, meaning their value is dependent on future stock price performance.
• Vesting of equity awards is subject to continued employment, posing a risk of forfeiture if the executive leaves the company.

Future Outlook

The vesting schedules for both stock options and restricted stock units are tied to future dates, indicating a forward-looking incentive structure dependent on continued service and potential stock price appreciation.

Management Comments

• The nonqualified stock options were granted as premium-price stock options, with the $6.00 exercise price exceeding the $4.64 closing price of the Issuer's Common Stock on the grant date.
• Restricted Stock Units were granted under the Innventure, Inc. 2024 Equity and Incentive Compensation Plan.

Industry Context

StockSavvy.ai notes that the granting of stock options and RSUs to key executives is a common practice in the technology and biotech sectors to align management's interests with those of shareholders and to retain talent, especially during periods of growth or restructuring.

Stakeholder Impact

• Shareholders: The grants align executive incentives with long-term shareholder value creation, but the out-of-the-money options require significant stock appreciation to become valuable.
• Employees: The compensation plan structure may influence overall employee morale and retention, depending on broader compensation practices.
• Management: Reinforces the role of David Yablunosky as a key executive with significant equity stake potential.

Next Steps

• Continued service by David Yablunosky to meet vesting requirements for stock options and restricted stock units.
• Potential exercise of stock options by David Yablunosky upon vesting and if the stock price exceeds the exercise price.

Key Dates

Keywords

Form 4, SEC Filing, Innventure Inc., INV, David Yablunosky, Stock Options, Restricted Stock Units, Executive Compensation, Beneficial Ownership, CFO, CAO