Form 4: Identiv CFO Sells Shares for Tax Obligations
Insider Transaction Report
Identiv's Chief Financial Officer, Edward Kirnbauer, disposed of 1,361 shares of common stock to cover tax withholding obligations related to RSU vesting.
Summary
- Edward Kirnbauer, Chief Financial Officer and Secretary of Identiv, Inc., reported a transaction involving the company's common stock.
- On August 29, 2025, 1,361 shares of common stock were disposed of at a price of $3.7 per share.
- This disposition was a 'Code F' transaction, representing the withholding of shares 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, Mr. Kirnbauer beneficially owns 94,200 shares of common stock directly.
- This total includes 65,313 shares of common stock issuable pursuant to restricted stock units that have not yet vested.
Sentiment
Score: 5
Explanation: The filing reports a routine insider transaction for tax withholding purposes, which is a neutral event and does not indicate a positive or negative sentiment towards the company's performance or outlook.
Future Outlook
The filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.
Management Comments
- Edward Kirnbauer is identified as the Chief Financial Officer and Secretary of Identiv, Inc.
Industry Context
This Form 4 filing details a routine insider transaction related to executive compensation and tax obligations, which is a common occurrence across all industries for publicly traded companies with equity incentive plans. It does not provide specific insights into broader industry trends or competitive positioning.
Stakeholder Impact
- Shareholders: Minimal direct impact as this is a routine, non-discretionary transaction for tax purposes, not a market sale.
Key Dates
| Date | Description |
|---|---|
| 08/29/2025 | Date of transaction where shares were disposed of for tax withholding. |
| 09/02/2025 | Date the Form 4 was signed by the reporting person. |
Keywords
Identiv, INVE, Form 4, Insider Transaction, CFO, Restricted Stock Units, RSU Vesting, Tax Withholding, Equity Compensation
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