NOTV Form 4: Director 2,000-share 10b5-1 sale disclosed
Rhea-AI Filing Summary
Inotiv (NOTV): Director Form 4 filing — Director R. Matthew Neff reported selling 2,000 shares of common stock on 11/03/2025 at a weighted average price of $1.2434 per share, with individual sale prices ranging from $1.2100 to $1.2900. The transaction was executed under a Rule 10b5-1 trading plan adopted on 02/13/2025 to cover tax obligations tied to prior equity award vesting. Following the sale, he beneficially owns 153,102 shares directly.
Positive
- None.
Negative
- None.
Insights
Routine 10b5-1 sale; minimal impact.
This filing records a pre-arranged Rule 10b5-1 sale by a director to address tax obligations from earlier equity vesting. The sale totaled 2,000 shares at a weighted average of $1.2434 on 11/03/2025, within a disclosed price range of $1.2100–$1.2900.
Form 4s like this are administrative and common for tax-related liquidity. Post-transaction holdings are 153,102 shares, which indicates continued ownership. Actual market impact depends on overall trading volume and is typically limited for transactions of this size.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,000 | $1.2434 | $2K |
Footnotes (1)
- The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 13, 2025, for purposes of covering tax obligations he incurred in connection with the vesting of equity awards in prior periods. Reflects the weighted average price of 2,000 common shares sold by the reporting person in multiple transactions on November 3, 2025, with sales prices ranging from $1.2100 to $1.2900 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.