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AI brief of an SEC Form 8-K · Innovex International (INVX)

Innovex International approves new RSU and performance unit award agreements for executives

Neutral Impact 2 of 5 leadership Written later

Innovex International's board approved new forms of restricted stock unit and performance unit award agreements under its 2025 Long-Term Incentive Plan, and the agreements were used to grant awards to CEO Adam Anderson, CFO Kendal Reed and President of North America Mark Reddout. The awards tie executive pay to multi-year vesting, total shareholder return and return on capital employed, and set out severance and change-in-control terms.

Key points

  • Board approved the award agreements on May 30, 2025.
  • CEO Adam Anderson received 68,073 RSUs and 68,073 performance units; CFO Kendal Reed and Mark Reddout each received 25,527 of each.
  • RSUs vest in three equal annual installments on April 4, 2026, 2027 and 2028.
  • Performance units can be earned between 0% and 200% of target over a three-year period ending December 31, 2027.

The filing

CompanyInnovex International (INVX)
Form8-K, current report
Filed with the SECJun 5, 2025, 5:15 PM ET
Accession number0000950170-25-082515

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:54 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 05, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.