INNOVATE Corp. — Director's Dealing 2025

Sep 17, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INNOVATE Corp. (VATE)
CIK: 0001006837
Period of Report: 2025-09-15

Reporting Person: Voigt Paul (Interim CEO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-09-15	Stock option (Right To Buy)	$5.67	A	100000	Acquired	2035-09-15	Common Stock (100000)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock option (Right To Buy)	$4.22	2034-09-15	Common Stock (100000)	100000	Direct
Stock option (Right To Buy)	$25	2033-09-15	Common Stock (100000)	100000	Direct

Footnotes

F1: The option award was granted on September 15, 2025 with an exercise price set at 110% of the 10-day VWAP on the date of grant.