Form 4: Inotiv Director Mary Theresa Coelho Sells Shares to Cover Taxes

Director Mary Theresa Coelho sold 5,500 shares of Inotiv, Inc. common stock on April 1, 2025, to cover taxes associated with vested restricted stock units.

Summary

• Mary Theresa Coelho, a director of Inotiv, Inc., sold 5,500 shares of common stock on April 1, 2025.
• The sale was executed to cover taxes related to restricted stock units that vested on March 31, 2025.
• The shares were sold at a weighted average price of $2.3483, with individual sales prices ranging from $2.175 to $2.42 per share.
• Following the transaction, Coelho directly owns 74,303 shares of Inotiv, Inc. common stock.

Sentiment

Score: 5

Explanation: This is a neutral transaction. A director selling shares to cover taxes is a common occurrence and doesn't necessarily indicate a positive or negative outlook for the company.

Industry Context

This is a routine Form 4 filing, disclosing a transaction by a company insider. Such filings are common and provide transparency into the trading activities of company executives and directors.

Stakeholder Impact

• The sale of shares by a director could have a minor impact on shareholder sentiment, but is unlikely to be significant given the reason for the sale.

Key Dates

Keywords

Inotiv, Director, Share Sale, Form 4, NOTV, Mary Theresa Coelho, Stock Transaction, Insider Trading