{"url_path":"/sec/ivdn/10-k/2026/item-12","section_key":"item-12","section_title":"Item 12 SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND","topic":"sec","document":{"doc_type":"10-K/A","doc_date":"2026-05-18","source_url":"https://www.sec.gov/Archives/edgar/data/1190370/0001731122-26-000756-index.html","accession_number":"0001731122-26-000756","cik":"0001190370","ticker":"IVDN","issuer_name":"INNOVATIVE DESIGNS INC","edgar_url":"https://www.sec.gov/Archives/edgar/data/1190370/0001731122-26-000756-index.html","primary_entity_key":"0001190370","primary_entity_name":"INNOVATIVE DESIGNS INC"},"word_count":236,"has_tables":true,"body_markdown":"ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND\nMANAGEMENT, AND RELATED STOCKHOLDER MATTERS.\n\n \n\nThe following table sets forth the ownership as of February\n9, 2024, (a) by each person known by us to be the beneficial owner of more than five percent (5%) of our outstanding common stock, and/or\n(b) by each of our directors, by all executive officers and our directors and executive officers as a group.\n\n \n\nTo the best of our knowledge, all persons named have sole\nvoting and investment power with respect to such shares, except as otherwise noted. There are not any pending or anticipated arrangements\nthat may cause a change in our control.\n\n \n\n 20\n\n \n\n \n\nSecurity Ownership of Management\n\n \n\nTitle of Class \nName and Address \n  \nAmount \nNature \nPercent\n\n  \n \n    \n   \n   \n   \n\nCommon Stock \nJoseph Riccelli \n    \n 7,655,000  \n Direct  \n 21.1%\n\n  \nChairman \n (1) \n 421,478  \n Indirect  \n   \n\n  \n  \n    \n    \n    \n   \n\nCommon Stock \nJoseph A Riccelli Jr. \n    \n 50,000  \n Direct  \n * \n\n  \nChiefExecutive Officer Director \n    \n    \n    \n   \n\n  \n  \n    \n    \n    \n   \n\nCommon Stock \nDaniel P. Rains \n    \n 160,000  \n Direct  \n * \n\n  \nDirector \n    \n    \n    \n   \n\n  \n  \n    \n    \n    \n   \n\nCommon Stock \nDonald V. Garlotta \n    \n 190,000  \n Direct  \n * \n\n  \nDirector \n    \n    \n    \n   \n\n  \n  \n    \n    \n    \n   \n\nCommon Stock \nJohn Spagnolo Jr. \n    \n 30,500  \n Direct  \n * \n\n  \nDirector \n    \n    \n    \n   \n\n  \n  \n    \n    \n    \n   \n\nAll Directors and Executive Officers as a Group \n  \n    \n 8,486,467  \n    \n 22.2%\n\n \n\n*       Represents\nless than one percent.\n\n \n\n(1)Represents shares of common stock held in the Gino A. Riccelli Trust. The Trust is for a son of our\nChief Financial Officer. Mr. Joseph Riccelli is the trustee of the trust.\n\n \n\nBy virtue of his stock ownership or control over our\nstock, Mr. Riccelli may be deemed to “control” the Company."}