Form 4: Inotiv Director Exercises Stock Options
Insider Transaction Report
Inotiv Director R. Matthew Neff acquired 10,000 shares of common stock by exercising stock options at $1.94 per share.
Summary
- R. Matthew Neff, a Director of Inotiv, Inc. (NOTV), acquired 10,000 shares of common stock.
- The transaction occurred on October 24, 2025, through the exercise of a Director Stock Option.
- The exercise price for the common stock was $1.94 per share.
- Following this transaction, R. Matthew Neff directly beneficially owns 155,102 shares of Inotiv Common Stock.
- The exercised option had vested in three installments (40%, 30%, 30%) on the first three anniversaries of its grant date, October 27, 2017, and was set to expire on October 27, 2025.
Sentiment
Score: 7
Explanation: The sentiment is moderately positive as a director increasing their direct ownership, even through option exercise, can signal confidence in the company's value. The transaction was also made under a 10b5-1 plan, indicating a pre-planned and orderly transaction.
Positives
- The Director's exercise of stock options and subsequent increase in direct beneficial ownership can be viewed as a positive signal, indicating confidence in the company's future prospects.
- The transaction was made pursuant to a Rule 10b5-1(c) plan, suggesting a pre-planned and systematic approach to equity management.
Future Outlook
This filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.
Industry Context
This insider transaction is a routine disclosure for a publicly traded company and does not inherently reflect broader industry trends or competitive dynamics. It primarily pertains to individual executive compensation and equity management.
Stakeholder Impact
- Shareholders may view the director's increased ownership as a positive indicator of alignment between management and shareholder interests.
Key Dates
| Date | Description |
|---|---|
| 10/27/2017 | Original grant date of the Director Stock Option, with vesting occurring on its first three anniversaries. |
| 10/24/2025 | Date of the transaction where 10,000 shares of common stock were acquired through option exercise. |
| 10/27/2025 | Expiration date of the Director Stock Option. |
| 10/28/2025 | Date the Form 4 filing was signed by the Attorney-in-Fact for R. Matthew Neff. |
Keywords
Inotiv, NOTV, Insider Transaction, Form 4, Stock Option Exercise, Director Ownership, Equity Acquisition, R. Matthew Neff
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