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INNOVATE Corp. — Director's Dealing 2025
Mar 13, 2025
34366_dirs_2025-03-13_a7d24bbc-f71b-45e8-a33d-2abd1689bec0.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: INNOVATE Corp. (VATE)
CIK: 0001006837
Period of Report: 2025-03-11
Reporting Person: Sena Michael J. (Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-03-11 | Common Stock | F | 862 | $7.23 | Disposed | 116302 | Direct |
| 2025-03-13 | Common Stock | A | 12946 | — | Acquired | 129248 | Direct |
Footnotes
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.