Inotiv, Inc. (NOTV) has announced that Director Neff R Matthew has recently sold 2,000 shares of the company's stock at a price of $1.67 per share on September 2, 2025.
Title: Inotiv, Inc. (NOTV) Director Neff R Matthew Sells 2,000 Shares
September 2, 2025 — Inotiv, Inc. (NOTV) has announced that Director Neff R Matthew has sold 2,000 shares of the company's stock at a price of $1.67 per share on September 2, 2025. The transaction was executed through The Charles Schwab Corporation and represents a continuation of the company's insider sales activity.
This sale is part of a larger trend where insiders have been disposing of shares. Previously, on July 1, 2025, the same individual sold 2,000 shares at a gross proceeds of $3,620, and on August 1, 2025, sold another 2,000 shares for a gross proceeds of $3,818. These sales, totaling 6,000 shares, are a small portion of the company's outstanding shares, which stand at 34,354,251.
The shares sold by Director Matthew were acquired as restricted stock that vested on April 1, 2023. The vesting of these shares indicates that they were likely part of the director's compensation package. The Form 144 filing, which documents this sale, includes full Rule 144 disclosures, including the acquisition date, nature of acquisition, broker, and aggregate market value.
From a compliance standpoint, the filing provides key elements regulators and broker-dealers need to process the sale. The filing also includes a certification by the signer that no undisclosed material nonpublic information exists. This certification is crucial for maintaining transparency and ensuring that insiders do not have an unfair advantage in trading company shares.
The recent insider sales are unlikely to have a material impact on the company's valuation, as they represent a small portion of the overall share count. However, these transactions do provide insights into insider liquidity and their confidence in the company's future prospects.
Inotiv, Inc. has also been active in other financial activities. The company recently filed a prospectus for the offer and sale of $350 million in mixed securities under a shelf registration. This filing is a regulatory requirement and does not constitute an offer to sell the securities. The prospectus provides detailed information about the securities being offered, including their terms, conditions, and risks. This move allows Inotiv to raise capital efficiently and manage its capital-raising activities more flexibly.
Investors and financial professionals are encouraged to closely review the prospectus and consult with a financial advisor before making investment decisions.
References:
[1] https://www.stocktitan.net/sec-filings/NOTV/144-inotiv-inc-sec-filing-c865fc5ec1d8.html
[2] https://seekingalpha.com/news/4490611-inotiv-files-350m-mixed-securities-shelf
[3] https://www.ainvest.com/news/inotiv-files-350m-mixed-securities-shelf-prospectus-2508/
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