Innovator Equity Dual Directional 10 Buffer ETF - October

Innovator Equity Dual Directional 10 Buffer ETF - October is an actively managed exchange-traded fund designed to seek positive returns in both rising and certain declining U.S. equity markets over a one-year outcome period. The fund uses an options-based strategy tied to the SPDR S&P 500 ETF Trust, aiming to capture upside participation up to a stated cap while also seeking positive returns when the reference asset declines within a defined inverse range. It is structured to limit losses beyond that threshold through a built-in buffer, making it a defined-outcome product with a reset at the end of each annual period. Innovator Equity Dual Directional 10 Buffer ETF - October is used by investors seeking a rules-based exposure to broad U.S. large-cap equities with a built-in combination of upside participation, downside protection features, and negative-market return potential within specified limits.