Innovator Equity Dual Directional 15 Buffer ETF - February

Innovator Equity Dual Directional 15 Buffer ETF - February is a defined-outcome exchange-traded fund designed to seek participation in both rising and certain declining U.S. equity markets through exposure linked to the SPDR S&P 500 ETF Trust. The fund uses an options-based structure to aim for gains up to a predetermined cap when the reference asset rises, while also targeting positive returns when the reference asset declines within a specified inverse performance range and limiting losses beyond that threshold. It is part of Innovator’s Dual Directional ETF series and is built around a one-year outcome period that resets annually. DDFF is intended for investors seeking a systematic, rules-based equity strategy that combines upside participation, downside cushioning, and inverse-market potential within a single portfolio vehicle.