Form 4: Inotiv Director Mary Theresa Coelho Receives 27,500 Restricted Stock Units

Director Mary Theresa Coelho acquired 27,500 restricted stock units in Inotiv, Inc. on August 10, 2024.

Summary

• On August 10, 2024, Mary Theresa Coelho, a director of Inotiv, Inc., acquired 27,500 shares of common stock in the form of restricted stock units.
• These restricted stock units were granted at a price of $0.
• The restricted stock units vest in full on March 31, 2025, contingent upon Ms. Coelho's continued service as a director through that date.
• Following the transaction, Ms. Coelho beneficially owns 40,411 shares of Inotiv, Inc.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. It reflects a standard compensation practice that aligns director interests with the company's long-term performance.

Positives

• The grant of restricted stock units aligns the director's interests with the long-term performance of the company.
• Continued service as a director is required for vesting, incentivizing continued commitment.

Future Outlook

The vesting of the restricted stock units on March 31, 2025, is contingent upon the director's continued service, suggesting an expectation of ongoing involvement.

Industry Context

This is a standard practice for compensating and incentivizing board members in publicly traded companies. Equity grants are common to align director interests with shareholder value.

Stakeholder Impact

• Shareholders may view this as a positive sign, aligning the director's interests with the company's success.
• Employees may see this as a sign of stability and commitment from the board.

Key Dates