Form 4: Inotiv Inc. Executive John Sagartz Sells Shares to Cover Taxes

John Sagartz, Chief Strategy Officer of Inotiv, Inc., sold 2,113 shares of common stock on February 18, 2025, to cover taxes associated with the settlement of restricted stock units.

Summary

• On February 18, 2025, John Sagartz, the Chief Strategy Officer of Inotiv, Inc., sold 2,113 shares of the company's common stock.
• The sale was executed to cover taxes associated with the settlement of restricted stock units.
• The shares were sold at a weighted average price of $3.9357.
• The price range for the shares sold was between $3.935 and $4.035 per share.
• Following the transaction, Sagartz directly owns 707,816 shares of Inotiv, Inc.

Sentiment

Score: 5

Explanation: This is a neutral event, reflecting a routine transaction for tax purposes. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

This is a routine Form 4 filing related to an executive's stock sale to cover tax obligations, which is a common occurrence in publicly traded companies.

Stakeholder Impact

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

Key Dates

Keywords

Inotiv, Sagartz, share sale, Form 4, Chief Strategy Officer, stock, restricted stock units, taxes