Form 4: Identiv CEO Disposes Shares for Tax Obligations
Insider Transaction Report
Identiv, Inc. CEO and Director Kirsten F. Newquist reported the disposition of 6,348 shares of common stock to cover tax withholding obligations related to the vesting of Restricted Stock Units.
Summary
- Kirsten F. Newquist, Identiv's Chief Executive Officer and a Director, reported a transaction on July 15, 2025.
- The transaction involved the disposition of 6,348 shares of Identiv common stock at a price of $3.34 per share.
- This disposition was a 'withholding' (Transaction Code F) to cover tax obligations associated with the vesting and settlement of Restricted Stock Units (RSUs).
- The RSUs were granted pursuant to Identiv's 2011 Incentive Compensation Plan.
- Following this transaction, Kirsten F. Newquist beneficially owns 227,193 shares of Identiv common stock.
Sentiment
Score: 5
Explanation: This is a routine, non-discretionary transaction for tax purposes related to executive compensation, not indicative of positive or negative sentiment towards the company's operational or financial prospects.
Positives
- Vesting of Restricted Stock Units indicates that performance or time-based conditions for executive equity compensation have been met.
Negatives
- Disposition of 6,348 shares by a key executive, even for tax purposes, results in a slight reduction of direct insider ownership.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Shareholders: The transaction represents a standard executive compensation event, with a minor, non-discretionary disposition of shares for tax purposes. It does not indicate a change in the executive's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 07/15/2025 | Date of transaction (disposition of shares for tax withholding). |
| 07/16/2025 | Signature date of the reporting person's attorney-in-fact. |
Recommendation
holdKeywords
Identiv, INVE, Form 4, SEC filing, insider transaction, stock disposition, RSU, Restricted Stock Units, executive compensation, tax withholding, Kirsten F. Newquist
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