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Insider Cluster (2 insiders) ·Filed Aug 21, 2026

INV

Innventure, Inc.
BULLISH
Impact 6/10
Horizonweeks Processed2mo ago
Insider cluster: 2 insiders, $687K total
Actionable Insight ▲ Bullish

The dual open-market buy by the Executive Chairman and a Director at $1.50 is a strong conviction signal at a ~$130M market cap. Monitor for a potential business combination announcement or asset acquisition, as blank-check companies typically trade on deal catalysts.

DirectionBullish
Confidencemedium
Horizonweeks
Latest settled — T+20d
INV ▼ -41.72% at T+20d
LONG call ✗ call lost -41.72% · α vs SPY -41.20% · entry $1.51 → $0.8800
Next anchor: T+60d in 20d
Latest observation: T+31 -33.07% FF3 residual α
Entry = T+0 close
Aug 21, 2026
via day close
T+1d
-9.27%
call -9.27% · α -8.98%
$1.37
settled 2mo ago
T+5d
-16.56%
call -16.56% · α -17.03%
$1.26
settled 2mo ago
T+20d
-41.72%
call -41.72% · α -41.20%
$0.8800
settled 5w ago
T+60d
Pending
in 20d

Price Chart

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Executive Summary

Executive Chairman Michael Otworth and Director James Donnally made open-market purchases totaling $687K at ~$1.50/share, representing ~0.53% of INV's $130M market cap. This is a material cluster buy by the top insider and a director, signaling conviction at current depressed prices for this blank-check company.

Key Financial Metrics

Direction
buying
Total Value
$686.8K
Insiders
2

Key Facts

  • Executive Chairman Michael Otworth purchased 231,000 shares for $349,295 at $1.51 on 2026-08-20
  • Director James Donnally purchased 225,000 shares for $337,500 at $1.50 on 2026-08-20
  • Total cluster value of $687K represents ~0.53% of INV's $130M market cap
  • Both transactions are open-market buys (code P), not grants or exercises
  • Cluster of buys by C-suite and director — per literature, cluster buys are strongly predictive (~3.8% abnormal return over 21 days)
  • INV has 83% bullish analyst consensus (5 Buy, 1 Hold) and recent institutional accumulation

Financial Impact

Insiders invested $687K at ~$1.50/share, a ~0.53% of market cap signal — material for a $130M company

insider ownershipmarket cap

Risk Factors

  • OTC listing carries liquidity and volatility risk
  • Blank-check company with no operating business — value depends entirely on future acquisition
  • No disclosed business combination target — pure optionality

Market Snapshot

Exchange
OTC
Sector
Blank Checks
Analyst Consensus
83% bullish (6 analysts)

Investment Themes

Traditional Finance

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-INV-1787318286787
23 reports for INV
Performance horizon
67% Hit rate @ T+5 4 of 6 directional calls Went positive at some point 4 of 8 best @ T+60▲ +77.88%Mar 4, 2026
Filters
Rows
Reports for INV — sortable, filterable
TypeNow
Oct 23, 2026
3d ago
8-K
BEARISH ★ 8/10
$0.3242awaiting T+5—$0.2920 (+9.93%)
Oct 21, 2026
5d ago
3
NEUTRAL ★ 2/10
$0.3335awaiting T+5—$0.2920 (−12.44%)
Oct 20, 2026
7d ago
SC 13D/A
BEARISH ★ 6/10
$0.2900awaiting T+5—$0.2920 (−0.69%)
Oct 19, 2026
7d ago
SC 13D/A
BEARISH ★ 6/10
$0.2900awaiting T+5—$0.2920 (−0.69%)
Oct 19, 2026
7d ago
8-K
NEUTRAL ★ 3/10
$0.2902awaiting T+5—$0.2920 (+0.62%)
Oct 13, 2026
14d ago
8-K
NEUTRAL ★ 3/10
$0.2420 $0.2900▲ +19.83%▲ +20.99%$0.2920 (+20.66%)
Oct 8, 2026
19d ago
8-K
MIXED ★ 5/10
$0.3030 $0.2950▼ −2.64%▼ −2.36%$0.2920 (−3.63%)
Oct 6, 2026
20d ago
8-K
MIXED ★ 6/10
$0.2690 $0.2750▲ +2.23%▲ +3.21%$0.2920 (+8.55%)
Oct 6, 2026
20d ago
424B5
BEARISH ★ 7/10
$0.2690 $0.2750▼ −2.23%▼ −3.21%$0.2920 (−8.55%)
Sep 21, 2026
5w ago
8-K
BEARISH ★ 6/10
$0.8800 $0.6902▲ +21.57%▲ +20.55%$0.2920 (+66.82%)
Showing 10 of 23

US Market Status

Market Closed — Opens in 54m

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Report published Aug 21, 2026