Tax withholding leads Identiv (INVE) officer to dispose of 1,252 shares
Rhea-AI Filing Summary
Identiv, Inc. reported a Form 4 showing that officer Edward Kirnbauer disposed of 1,252 shares of common stock on February 27, 2026 through a tax-withholding disposition tied to vesting restricted stock units. The shares were valued at $3.15 each for this withholding transaction. After the transaction, Kirnbauer directly held 91,831 shares of common stock. A footnote states this includes 59,688 shares issuable upon restricted stock units that have not yet vested.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,252 | $3.15 | $4K |
Footnotes (1)
- Represents the withholding of shares to cover tax withholding obligations associated with the vesting and settlement of Restricted Stock Units granted pursuant to Issuer's 2011 Incentive Compensation Plan. Includes an aggregate of 59,688 shares of common stock issuable pursuant to restricted stock units that have not vested.
FAQ
What insider transaction did Identiv (INVE) report for Edward Kirnbauer?
Identiv (INVE) reported that officer Edward Kirnbauer disposed of 1,252 shares of common stock on February 27, 2026. The filing describes this as a tax-withholding disposition related to the vesting and settlement of restricted stock units.
Was the Identiv (INVE) Form 4 transaction an open-market sale?
No. The Form 4 for Identiv (INVE) describes the 1,252-share disposition as withholding of shares to cover tax obligations on vested restricted stock units, not a discretionary open-market sale by officer Edward Kirnbauer.
What do the restricted stock unit footnotes mean in the Identiv (INVE) Form 4?
The footnotes explain that shares were withheld to cover tax obligations from vesting restricted stock units and that Kirnbauer’s holdings include 59,688 unvested RSU shares. These RSUs were granted under Identiv’s 2011 Incentive Compensation Plan.
Does the Identiv (INVE) Form 4 indicate any change in incentive plan participation?
The Form 4 confirms that the transaction stems from restricted stock units granted under Identiv’s 2011 Incentive Compensation Plan. It does not describe new grants, but clarifies tax withholding and remaining unvested RSU-based share entitlements for Edward Kirnbauer.