Form 4: Inotiv Director Sells Shares Under Pre-Arranged Trading Plan

Inotiv, Inc. Director R. Matthew Neff sold 2,000 shares of common stock on July 1, 2025, through a pre-arranged Rule 10b5-1 trading plan.

Summary

• R. Matthew Neff, a Director of Inotiv, Inc. (NOTV), disposed of 2,000 shares of common stock.
• The transaction occurred on July 1, 2025.
• The shares were sold at a weighted average price of $1.8105 per share, with individual sale prices ranging from $1.78 to $1.87.
• The sale was executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 13, 2025.
• Following the reported transaction, R. Matthew Neff directly beneficially owns 151,102 shares of Inotiv, Inc. common stock.

Sentiment

Score: 4

Explanation: The sale of shares by a director is generally viewed negatively, as it can signal a lack of confidence. However, the transaction was executed under a pre-arranged Rule 10b5-1 trading plan, which reduces the immediate negative implication by indicating a planned, rather than reactive, sale. The number of shares sold (2,000) is also relatively small compared to the director's remaining holdings (151,102 shares).

Positives

• The sale was conducted under a pre-arranged Rule 10b5-1 trading plan, adopted on February 13, 2025, which indicates a planned transaction rather than an immediate reaction to new information.

Negatives

• A director of the company sold 2,000 shares of common stock.

Risks

• Insider selling by a director, even if pre-planned, could be perceived by the market as a signal of reduced confidence in the company's near-term prospects, potentially leading to negative investor sentiment.

Future Outlook

N/A

Industry Context

N/A

Related Party Transactions

• Sale of 2,000 common shares by R. Matthew Neff, a Director of Inotiv, Inc., to the open market.

Stakeholder Impact

• Shareholders: May interpret the insider sale as a negative signal, potentially influencing stock price or investor sentiment.

Key Dates

Recommendation

Keywords

Inotiv, NOTV, insider trading, Form 4, director, stock sale, 10b5-1 plan, beneficial ownership