Form 4: Identiv CFO Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Justin Scarpulla, CFO of Identiv, Inc., disposed of 2,676 shares of common stock on April 1, 2025, to cover tax withholding obligations.
Summary
- On April 1, 2025, Justin Scarpulla, the Chief Financial Officer of Identiv, Inc., disposed of 2,676 shares of common stock.
- The transaction was executed to cover tax withholding obligations related to the vesting and settlement of Restricted Stock Units (RSUs) granted under the company's 2011 Incentive Compensation Plan.
- The shares were sold at a price of $3.2.
- Following the transaction, Scarpulla directly owns 228,502 shares of Identiv, Inc. common stock.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (selling shares to cover tax obligations). It doesn't indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of the US stock market, and are required by the SEC to ensure transparency of trading by corporate insiders.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of transaction: Justin Scarpulla disposed of shares. |
| 04/02/2025 | Date of signature on the Form 4 filing. |
Keywords
Identiv, INVE, Justin Scarpulla, CFO, Form 4, Stock Sale, Tax Withholding, Restricted Stock Units, Beneficial Ownership
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