Form 4: Inotiv Inc. VP-Finance & Corp. Controller, Jeffrey Brennan Freeman, Sells Shares to Cover Taxes

Jeffrey Brennan Freeman, VP-Finance & Corp. Controller of Inotiv, Inc., sold 1,339 shares of common stock on February 18, 2025, to cover taxes associated with the settlement of restricted stock units.

Summary

• On February 18, 2025, Jeffrey Brennan Freeman, VP-Finance & Corp. Controller of Inotiv, Inc., sold 1,339 shares of common stock.
• The shares were sold at a price of $4.045 per share.
• The sale was executed to cover taxes associated with the settlement of restricted stock units.
• Following the transaction, Freeman directly owns 27,478 shares of Inotiv, Inc. common stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it reflects a routine transaction to cover tax obligations, with no indication of positive or negative implications for the company's performance.

Industry Context

This is a routine Form 4 filing, indicating a transaction by a company insider. Such filings are common and provide transparency into the trading activities of company executives and directors. The sale appears to be related to tax obligations arising from the vesting of restricted stock units, which is a typical occurrence.

Stakeholder Impact

• The sale of shares by an insider could have a minor impact on shareholders, potentially creating slight downward pressure on the stock price in the short term.

Key Dates

Keywords

Inotiv Inc., Jeffrey Brennan Freeman, Form 4, Insider Trading, Stock Sale, NOTV, Restricted Stock Units, Tax Obligations