Michael J. Sena - 11 Mar 2025 Form 4 Insider Report for INNOVATE Corp. (VATE)

Signature
/s/ Michael J. Sena
Issuer symbol
VATE
Transactions as of
11 Mar 2025
Net transactions value
-$6,232
Form type
4
Filing time
13 Mar 2025, 17:19:12 UTC
Previous filing
25 Apr 2024
Next filing
17 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VATE Common Stock Tax liability $6,232 -862 -0.74% $7.23 116,302 11 Mar 2025 Direct F1, F2
transaction VATE Common Stock Award $0 +12,946 +11% $0.000000 129,248 13 Mar 2025 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld by Issuer to satisfy taxes payable in connection with the vesting of previously awarded restricted stock.
F2 Effective August 8, 2024, the Issuer effected a ten-for-one reverse stock split of its common stock (the "Reverse Stock Split"). The amount of common stock reflected on this Form 4 has been adjusted to reflect the Reverse Stock Split.
F3 Reflects shares of restricted stock granted (the "Award") pursuant to the INNOVATE Corp. 2014 Omnibus Equity Award Plan, as amended from time to time (the "Plan"). Shares will vest and become exercisable in three installments of one-third each on the first, second and third anniversaries of the Date of Grant (each a "Vesting Date"), subject to the continued employment of the Reporting Person on the applicable Vesting Date.