Form 4: Inotiv Director Nigel Brown Reports Stock Grant
SEC Form 4 Filing
Director Nigel Brown reports receiving a grant of 39,392 shares of Inotiv, Inc. restricted stock units.
Summary
- On March 14, 2025, Nigel Brown, a director of Inotiv, Inc., acquired 39,392 shares of common stock through a grant of restricted stock units.
- These restricted stock units vest in full on March 14, 2026, or immediately prior to the next annual meeting of stockholders if stepping down from the Board.
- Following this transaction, Brown beneficially owns 104,929 shares of Inotiv, Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing regarding a stock grant, so the sentiment is neutral.
Positives
- The grant of restricted stock units aligns the director's interests with those of the shareholders.
Industry Context
This is a standard practice for aligning the interests of company directors with those of shareholders through equity-based compensation.
Key Dates
| Date | Description |
|---|---|
| 03/14/2025 | Date of transaction: Grant of restricted stock units. |
| 03/14/2026 | Vesting date for the restricted stock units, or immediately prior to the next annual meeting of stockholders if stepping down from the Board. |
| 03/18/2025 | 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.