# EDGAR Filing Document

**Accession Number:** 0001415726
**File Stem:** 0001213900-25-079872
**Filing Date:** 2025-8
**Character Count:** 7944
**Document Hash:** be4fdd716b959a9465aedd890083efdc
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001213900-25-079872.hdr.sgml**: 20250822

**ACCESSION NUMBER**: 0001213900-25-079872

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20250822

**DATE AS OF CHANGE**: 20250822

**EFFECTIVENESS DATE**: 20250822

**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:** 251246091

**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 U.S. Equity Ultra Buffer ETF - September (Series ID: S000066307)

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|  |  |
|:---|:---|
| Class Name                                         | Class ID   |
| Innovator U.S. Equity Ultra Buffer ETF - September | C000214097 |

---

### Innovator U.S. Equity Power Buffer ETF - September (Series ID: S000066308)

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|  |  |
|:---|:---|
| Class Name                                         | Class ID   |
| Innovator U.S. Equity Power Buffer ETF - September | C000214098 |

---

### Innovator U.S. Equity Buffer ETF - September (Series ID: S000066309)

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|  |  |
|:---|:---|
| Class Name                                   | Class ID   |
| Innovator U.S. Equity Buffer ETF - September | C000214099 |

---

### Innovator International Developed Power Buffer ETF - September (Series ID: S000081709)

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|  |  |
|:---|:---|
| Class Name                                                     | Class ID   |
| Innovator International Developed Power Buffer ETF - September | C000244687 |

---

### Innovator Growth-100 Power Buffer ETF - September (Series ID: S000085951)

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|  |  |
|:---|:---|
| Class Name                                        | Class ID   |
| Innovator Growth-100 Power Buffer ETF - September | C000251351 |

---

### Innovator U.S. Small Cap Power Buffer ETF - September (Series ID: S000085968)

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|  |  |
|:---|:---|
| Class Name                                            | Class ID   |
| Innovator U.S. Small Cap Power Buffer ETF - September | C000251368 |

---

### Innovator Equity Defined Protection ETF - 1 Yr September (Series ID: S000086347)

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|  |  |
|:---|:---|
| Class Name                                               | Class ID   |
| Innovator Equity Defined Protection ETF - 1 Yr September | C000251841 |

---

## Series and Classes Contracts Data

### Innovator U.S. Equity Ultra Buffer ETF - September (Series ID: S000066307)

| Class ID   | Class Name                                         | Ticker Symbol   |
|:---|:---|:---|
| C000214097 | Innovator U.S. Equity Ultra Buffer ETF - September |  |

### Innovator U.S. Equity Power Buffer ETF - September (Series ID: S000066308)

| Class ID   | Class Name                                         | Ticker Symbol   |
|:---|:---|:---|
| C000214098 | Innovator U.S. Equity Power Buffer ETF - September |  |

### Innovator U.S. Equity Buffer ETF - September (Series ID: S000066309)

| Class ID   | Class Name                                   | Ticker Symbol   |
|:---|:---|:---|
| C000214099 | Innovator U.S. Equity Buffer ETF - September |  |

### Innovator International Developed Power Buffer ETF - September (Series ID: S000081709)

| Class ID   | Class Name                                                     | Ticker Symbol   |
|:---|:---|:---|
| C000244687 | Innovator International Developed Power Buffer ETF - September |  |

### Innovator Growth-100 Power Buffer ETF - September (Series ID: S000085951)

| Class ID   | Class Name                                        | Ticker Symbol   |
|:---|:---|:---|
| C000251351 | Innovator Growth-100 Power Buffer ETF - September |  |

### Innovator U.S. Small Cap Power Buffer ETF - September (Series ID: S000085968)

| Class ID   | Class Name                                            | Ticker Symbol   |
|:---|:---|:---|
| C000251368 | Innovator U.S. Small Cap Power Buffer ETF - September |  |

### Innovator Equity Defined Protection ETF - 1 Yr September (Series ID: S000086347)

| Class ID   | Class Name                                               | Ticker Symbol   |
|:---|:---|:---|
| C000251841 | Innovator Equity Defined Protection ETF - 1 Yr September |  |

Rule 497(e)

File No. 333-146827

Innovator ETFs<sup>®</sup> Trust

(the "*Trust*")

Innovator Equity Defined Protection ETF<sup>®</sup> – 1 Yr September

Innovator Growth-100 Power Buffer ETFÔ – September

Innovator International Developed Power Buffer ETFÔ – September

Innovator U.S. Equity Buffer ETFÔ – September

Innovator U.S. Equity Power Buffer ETFÔ – September

Innovator U.S. Equity Ultra Buffer ETFÔ – September

Innovator U.S. Small Cap Power Buffer ETFÔ – September

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

Supplement to Each Fund's Prospectus<br>Dated February 27, 2025 or February 28, 2025

August 22, 2025

As described in detail in each Fund's prospectus, an investment in shares of a Fund is subject to an upside return cap (the *"Cap"*) that represents the maximum percentage return an investor can achieve from an investment in the Fund for the Outcome Period of approximately one year. The current Outcome Period will end on August 31, 2025, and each Fund will commence a new Outcome Period that will begin on September 1, 2025 and end on August 31, 2026. Each Fund's Cap will not be determined until the start of the new outcome period on September 1, 2025. A supplement to each Fund's prospectus will be filed on August 29, 2025 that will include the actual Cap for the new Outcome Period, which may be higher or lower than the estimated Cap ranges set forth below. As of August 22, 2025, the expected range of each Fund's Cap is set forth below.

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| | | |
|:---|:---|:---|
| &nbsp;&nbsp; <br> **Fund Name** | &nbsp;&nbsp;**Ticker** | &nbsp;&nbsp;**Estimated Cap Range** |
| &nbsp;&nbsp;Innovator Equity Defined Protection ETF<sup>®</sup> – 1 Yr September | &nbsp;&nbsp;ZSEP | &nbsp;&nbsp; 5.66% – 7.16%<br> (4.87% – 6.37% after taking into account the Fund's unitary <br> management fee) |
| &nbsp;&nbsp;Innovator Growth-100 Power Buffer ETFÔ – September | &nbsp;&nbsp;NSEP | &nbsp;&nbsp; 12.90% – 14.90%<br> (12.11% – 14.11% after taking into account the Fund's unitary <br> management fee) |
| &nbsp;&nbsp;Innovator International Developed Power Buffer ETFÔ – September | &nbsp;&nbsp;ISEP | &nbsp;&nbsp; 8.72% – 13.72%<br> (7.87% – 12.87% after taking into account the Fund's unitary <br> management fee) |
| &nbsp;&nbsp;Innovator U.S. Equity Buffer ETF™ – September | &nbsp;&nbsp;BSEP | &nbsp;&nbsp; 14.43% – 15.93%<br> (13.64% – 15.14% after taking into account the Fund's unitary <br> management fee) |
| &nbsp;&nbsp;Innovator U.S. Equity Power Buffer ETF™ – September | &nbsp;&nbsp;PSEP | &nbsp;&nbsp; 10.94% – 12.69%<br> (10.15% – 11.90% after taking into account the Fund's unitary <br> management fee) |
| &nbsp;&nbsp;Innovator U.S. Equity Ultra Buffer ETF™ – September | &nbsp;&nbsp;USEP | &nbsp;&nbsp; 10.35% – 12.10%<br> (9.56% – 11.31% after taking into account the Fund's unitary <br> management fee) |
| &nbsp;&nbsp;Innovator U.S. Small Cap Power Buffer ETFÔ – September | &nbsp;&nbsp;KSEP | &nbsp;&nbsp; 15.15% – 18.15%<br> (14.36% – 17.36% after taking into account the Fund's unitary <br> management fee) |

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Please Keep This Supplement With Your Prospectus For Future Reference