Form 4: Inotiv CFO Beth Taylor Sells Shares to Cover Taxes
SEC Form 4 Filing
Inotiv's Chief Financial Officer, Beth Taylor, sold 4,370 shares of common stock on February 18, 2025, to cover taxes associated with the settlement of restricted stock units.
Summary
- On February 18, 2025, Beth Taylor, the Chief Financial Officer of Inotiv, Inc., sold 4,370 shares of the company's common stock.
- The sale was executed to cover taxes associated with the settlement of restricted stock units.
- The shares were sold at a weighted average price of $4.0061, with individual sale prices ranging from $4.00 to $4.015 per share.
- Following the transaction, Taylor directly owns 108,368 shares of Inotiv common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a stock sale by an executive to cover taxes. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This sale appears to be related to tax obligations, which is a common reason for such transactions.
Stakeholder Impact
- The sale of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to be significant given the stated reason for the sale.
Key Dates
| Date | Description |
|---|---|
| 02/18/2025 | Date of stock sale transaction. |
| 02/20/2025 | Date of Form 4 filing. |
Keywords
Inotiv, Beth Taylor, CFO, stock sale, Form 4, restricted stock units, taxes, NOTV
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