INNOVATE Corp. — Director's Dealing 2025

Jun 16, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INNOVATE Corp. (VATE)
CIK: 0001006837
Period of Report: 2025-06-12

Reporting Person: GLAZER AVRAM A (Director, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-06-12	Common Stock	A	16363	—	Acquired	53984	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2097902	Indirect
Common Stock	2211805	Indirect
Common Stock	317244	Indirect
Common Stock	2097902	Indirect

Footnotes

F1: Reflects shares of restricted stock granted pursuant to the INNOVATE Corp. Second Amended and Restated 2014 Omnibus Equity Award Plan, as amended (the "Plan"). The shares will vest and become non-forfeitable on the earlier of (i) the first anniversary of the grant date and (ii) the first regular annual meeting of the Company's stockholders that occurs following the date of grant (subject to continued service with the Company through such vesting date).

F2: The reported shares are owned by the KAG Irrevocable Exempt Trust, a trust for the benefit of one of the Reporting Person's children, of which his wife is the trustee.

F3: 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. The Reporting Person 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.

F4: The reported shares are owned by the Avram Glazer Irrevocable Exempt Trust (the "Trust"). Reporting person is the Trustee of the Trust, and in such capacity may be deemed to beneficially own the shares held of record by the Trust.

F5: The reported shares are owned by the LHG Irrevocable Exempt Trust, a trust for the benefit of one of Reporting Person's children, of which his wife is the trustee.