# EDGAR Filing Document

**Accession Number:** 0001415726
**File Stem:** 0001213900-25-127222
**Filing Date:** 2026-1
**Character Count:** 6599
**Document Hash:** 955bf0ceeec44585c93ad634b1ac0c07
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001213900-25-127222.hdr.sgml**: 20260102

**ACCESSION NUMBER**: 0001213900-25-127222

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20260102

**DATE AS OF CHANGE**: 20251231

**EFFECTIVENESS DATE**: 20260102

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Innovator ETFs Trust
- **CENTRAL INDEX KEY:** 0001415726

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-146827
- **FILM NUMBER:** 251618392

**BUSINESS ADDRESS:**
- **STREET 1:** 200 W. FRONT STREET
- **CITY:** WHEATON
- **STATE:** IL
- **ZIP:** 60187
- **BUSINESS PHONE:** 800-621-1675

**MAIL ADDRESS:**
- **STREET 1:** 200 W. FRONT STREET
- **CITY:** WHEATON
- **STATE:** IL
- **ZIP:** 60187

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** INNOVATOR ETFS TRUST
- **DATE OF NAME CHANGE:** 20170825

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Academy Funds Trust
- **DATE OF NAME CHANGE:** 20071019

## Series and Classes Contracts Data

### Innovator Premium Income 20 Barrier ETF - January (Series ID: S000083546)

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|  |  |
|:---|:---|
| Class Name                                        | Class ID   |
| Innovator Premium Income 20 Barrier ETF - January | C000247288 |

---

### Innovator Premium Income 30 Barrier ETF - January (Series ID: S000083547)

---

|  |  |
|:---|:---|
| Class Name                                        | Class ID   |
| Innovator Premium Income 30 Barrier ETF - January | C000247289 |

---

### Innovator Premium Income 15 Buffer ETF - January (Series ID: S000083550)

---

|  |  |
|:---|:---|
| Class Name                                       | Class ID   |
| Innovator Premium Income 15 Buffer ETF - January | C000247292 |

---

## Series and Classes Contracts Data

### Innovator Premium Income 20 Barrier ETF - January (Series ID: S000083546)

| Class ID   | Class Name                                        | Ticker Symbol   |
|:---|:---|:---|
| C000247288 | Innovator Premium Income 20 Barrier ETF - January |  |

### Innovator Premium Income 30 Barrier ETF - January (Series ID: S000083547)

| Class ID   | Class Name                                        | Ticker Symbol   |
|:---|:---|:---|
| C000247289 | Innovator Premium Income 30 Barrier ETF - January |  |

### Innovator Premium Income 15 Buffer ETF - January (Series ID: S000083550)

| Class ID   | Class Name                                       | Ticker Symbol   |
|:---|:---|:---|
| C000247292 | Innovator Premium Income 15 Buffer ETF - January |  |

Rule 497(e)

File No. 333-146827

Innovator ETFs<sup>Ò</sup> Trust

(the "*Trust*")

Innovator Premium Income 20 Barrier ETFÔ – January

Innovator Premium Income 30 Barrier ETFÔ – January

Innovator Premium Income 15 Buffer ETFÔ – January

(each, a *"Fund"* and together, the *"Funds"*)

Supplement to Each Fund's Prospectus<br> Dated February 28, 2025

January 2, 2026

As described in detail in each Fund's prospectus, an investment in shares of each Fund is subject to an annualized distribution payment rate (the *"Defined Distribution Rate"*) that represents the maximum percentage return an investor can achieve from an investment in such Fund for the Outcome Period of approximately one year. The prior Outcome Period ended on December 31, 2025. Each Fund has commenced a new Outcome Period that began on January 1, 2026 and will end on December 31, 2026. An investment in each Fund over the course of the Outcome Period will be subject to such Fund's Defined Distribution Rate as set forth in the table below.

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| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Fund** | &nbsp;&nbsp;**Defined Distribution Rate** | &nbsp;&nbsp;**Investment Objective** |
| &nbsp;&nbsp;Innovator Premium Income 20 Barrier ETFÔ – January &nbsp;&nbsp;JANH | &nbsp;&nbsp;Gross: 7.10%<br> Net: 6.31%\* | &nbsp;&nbsp;The Fund seeks to provide investors, over the period from January 1, 2026 to December 31, 2026, with an investment that provides a high level of income through a Defined Distribution Rate of 7.10% (prior to taking into account management fees and other fees) and that is not subject to any losses experienced by the U.S. Equity Index that are at or below a 20% Barrier and is subject to initial losses experienced by the U.S. Equity Index beginning at the 20% Barrier and to the full extent of U.S. Equity Index losses on a one-to-one basis beginning at 21%. |
| &nbsp;&nbsp;Innovator Premium Income 30 Barrier ETFÔ – January &nbsp;&nbsp;JANJ | &nbsp;&nbsp;Gross: 5.83%<br> Net: 5.04%\* | &nbsp;&nbsp;The Fund seeks to provide investors, over the period from January 1, 2026 to December 31, 2026, with an investment that provides a high level of income through a Defined Distribution Rate of 5.83% (prior to taking into account management fees and other fees) and that is not subject to any losses experienced by the U.S. Equity Index that are at or below a 30% Barrier and is subject to initial losses experienced by the U.S. Equity Index beginning at the 30% Barrier and to the full extent of U.S. Equity Index losses on a one-to-one basis beginning at 31%. |
| &nbsp;&nbsp;Innovator Premium Income 15 Buffer ETFÔ – January &nbsp;&nbsp;LJAN | &nbsp;&nbsp;Gross: 5.68%<br> Net: 4.89%\* | &nbsp;&nbsp;The Fund seeks to provide investors, over the period from January 1, 2026 to December 31, 2026, with an investment that provides a high level of income through a Defined Distribution Rate of 5.68% (prior to taking into account management fees and other fees) while providing a buffer against the first 15% of SPDR<sup>®</sup> S&P 500<sup>®</sup> ETF Trust losses. |

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\* Takes into account the Fund's unitary management fee.

In connection with onset of the new Outcome Period, each Fund's prospectus is amended as set forth below:

&nbsp;&nbsp;&nbsp;&nbsp;1. Each Fund's investment objective is deleted in its entirety and replaced with the corresponding
investment objective set forth in the table above.

&nbsp;&nbsp;&nbsp;&nbsp;2. All references to the dates associated with the prior outcome period are deleted in their entirety and
replaced with references to new Outcome Period: January 1, 2026 through December 31, 2026.

&nbsp;&nbsp;&nbsp;&nbsp;3. All references to the Defined Distribution Rate for the prior Outcome Period are deleted in their entirety
and replaced with the corresponding Defined Distribution Rate set forth in the table above.

Please Keep This Supplement With Your Prospectus For Future Reference