Avram A. Glazer - 16 Dec 2024 Form 4 Insider Report for INNOVATE Corp. (VATE)

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VATE	Common Stock	Gift	$0	-2,097,902	-50%	$0.000000	2,135,523	16 Dec 2024	Direct	F1
transaction	VATE	Common Stock	Gift	$0	-2,097,902	-98%	$0.000000	37,621	16 Dec 2024	Direct	F2
transaction	VATE	Common Stock	Gift	$0	+2,097,902		$0.000000	2,097,902	16 Dec 2024	LHG Irrevocable Exempt Trust	F1, F3
transaction	VATE	Common Stock	Gift	$0	+2,097,902		$0.000000	2,097,902	16 Dec 2024	KAG Irrevocable Exempt Trust	F2, F4
holding	VATE	Common Stock						317,244	16 Dec 2024	Avram Glazer Irrevocable Exempt Trust	F5
holding	VATE	Common Stock						2,211,805	16 Dec 2024	Lancer Capital	F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Id	Content
F1	Mr. Glazer gifted 2,097,902 shares of common stock to the LHG Irrevocable Exempt Trust, a trust for the benefit of one of his children, of which his wife is the trustee.
F2	Mr. Glazer gifted 2,097,902 shares of common stock to the KAG Irrevocable Exempt Trust, a trust for the benefit of one of his children, of which his wife is the trustee.
F3	The LHG Irrevocable Exempt Trust, is a trust for the benefit of one of Mr. Glazer's children, of which his wife is the trustee.
F4	The KAG Irrevocable Exempt Trust, is a trust for the benefit of one of Mr. Glazer's children, of which his wife is the trustee.
F5	The reported shares are owned by the Avram Glazer Irrevocable Exempt Trust (the "Trust"). Mr. Glazer is the Trustee of the Trust, and in such capacity may be deemed to beneficially own the shares held of record by the Trust.
F6	The reported shares are owned by Lancer Capital LLC ("Lancer"). The Avram Glazer Irrevocable Exempt Trust (the "Trust") is the sole owner of Lancer, and in such capacity may be deemed to beneficially own the shares held of record by Lancer. Mr. Glazer is the Trustee of the Trust, and in such capacity may be deemed to beneficially own the shares held of record by Lancer Capital and the Trust.