Form 4: Inotiv CFO Beth Taylor Sells Shares to Cover Taxes
SEC Form 4 Filing
Beth Taylor, CFO of Inotiv, Inc., sold 2,054 shares of common stock on January 31, 2025, to cover taxes associated with the settlement of restricted stock units.
Summary
- On January 31, 2025, Beth Taylor, the Chief Financial Officer of Inotiv, Inc., sold 2,054 shares of the company's common stock.
- The sale was executed at a price of $4.465 per share.
- The transaction was conducted to cover taxes associated with the settlement of restricted stock units.
- Following the transaction, Taylor directly owns 112,738 shares of Inotiv, Inc.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction. The sentiment is neutral as it simply reports a sale of shares to cover tax obligations.
Industry Context
Sales of shares by company executives are a normal part of corporate governance. It is common for executives to sell shares to cover tax obligations related to vesting of stock options or restricted stock units.
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 reason for the sale.
Key Dates
| Date | Description |
|---|---|
| 01/31/2025 | Date of the transaction (sale of shares). |
| 02/04/2025 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.