Innovator U.S. Small Cap Power Buffer ETF - September KSEP Strategy

The investment seeks to provide investors with returns that match the return of the Underlying ETF, up to the upside cap of 18.26% while providing a buffer against the first 15% of Underlying ETF losses, over the period from September 1, 2026 to August 31, 2027. The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in FLexible EXchange® Options (“FLEX Options”) that reference the iShares Russell 2000 ETF (the “Underlying ETF”). The fund is non-diversified.