Form 4: R. Matthew Neff acquires 10,000 NOTV shares via option

Rhea-AI Filing Summary

Inotiv, Inc. (NOTV) reported an insider transaction. Director R. Matthew Neff exercised a stock option and acquired 10,000 shares of common stock at $1.94 per share on 10/24/2025 (Transaction Code M). Following the transaction, he directly beneficially owns 155,102 common shares. The exercised derivative was a director stock option covering 10,000 underlying shares, which now has 0 remaining after the exercise; the option carried an expiration date of 10/27/2025.

Insider Trade Summary

10,000 shares exercised/converted

Mixed 2 txns

Insider Neff R Matthew

Role Director

Type	Security	Shares	Price	Value
Exercise	Director Stock Option (right to buy)	10,000	$0.00	--
Exercise	Common Stock	10,000	$1.94	$19K

Holdings After Transaction: Director Stock Option (right to buy) — 0 shares (Direct); Common Stock — 155,102 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Neff R Matthew

(Last) (First) (Middle)

2701 KENT AVENUE

(Street)

WEST LAFAYETTTE IN 47906

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Inotiv, Inc. [ NOTV ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
10/24/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	10/24/2025		M		10,000	A	$1.94	155,102	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Director Stock Option (right to buy)	$1.94	10/24/2025		M			10,000	(1)	10/27/2025	Common Shares	10,000	$0	0	D

Explanation of Responses:

1. The option vested in three installments of 40%, 30% and 30%, respectively, on each of the first three anniversaries of the date of grant (October 27, 2017).

	/s/ Beth Taylor, Attorney-in-Fact for R. Matthew Neff	10/28/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider activity did Inotiv (NOTV) disclose?

A Form 4 reports Director R. Matthew Neff exercised options and acquired 10,000 common shares at $1.94 on 10/24/2025 (Code M).

How many Inotiv (NOTV) shares does the insider now hold?

After the transaction, the director directly beneficially owns 155,102 common shares.

What were the details of the option exercised at Inotiv (NOTV)?

It was a director stock option with an exercise price of $1.94 for 10,000 underlying shares; 0 remain after exercise. The option listed an expiration date of 10/27/2025.

What was the Form 4 transaction code for the NOTV insider trade?

The filing shows transaction code M, indicating the exercise or conversion of a derivative security.

Who is the reporting person in the Inotiv (NOTV) Form 4?

The reporting person is R. Matthew Neff, identified as a Director of Inotiv, Inc.

Did the Form 4 indicate how the shares were owned after the trade?

Yes. The filing lists ownership as Direct (D) for the 155,102 common shares.