---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-097754"
form_type: "8-K"
ticker: "INNV"
cik: "0001834376"
company_name: "InnovAge Holding Corp."
filed_at: "2023-09-01T23:59:59+00:00"
generated_at: "2026-06-11T00:42:49.552567+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# InnovAge CEO Blair granted 1.1M Class B units of majority shareholder TCO, plus RSUs

## Summary
- CEO Patrick Blair received 1,100,000 Class B units of TCO Group Holdings (company's largest shareholder) on Aug 30, 2023.
- 50% of units time-vest annually over 4 years; 50% performance-vest upon change of control if Apax achieves ≥2.0x MOIC.
- Board also granted 105,264 restricted stock units, vesting in three equal annual installments from June 2024.
- Award structured as profits interest; grant from shareholder, not company, with no dilution to InnovAge common stock.

## SEC filing metadata
- accession: 0001104659-23-097754
- form_type: 8-K
- ticker: INNV
- cik: 0001834376
- company_name: InnovAge Holding Corp.
- filed_at: 2023-09-01T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1834376/000110465923097754/0001104659-23-097754-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1834376/000110465923097754/tm2325323d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-097754
- JSON: https://secwatch.observer/filing/0001104659-23-097754.json
- Plain text: https://secwatch.observer/filing/0001104659-23-097754.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.