KIRNBAUER EDWARD 4
Research Summary
AI-generated summary
Identiv CFO Edward Kirnbauer Withholds 1,252 Shares for Taxes
What Happened
- Edward Kirnbauer, Chief Financial Officer and Secretary of Identiv, had 1,252 shares of common stock disposed/withheld to satisfy tax withholding obligations tied to the vesting and settlement of restricted stock units. The shares were valued at $3.15 each, totaling approximately $3,944.
- This was a tax-withholding transaction related to RSUs (routine), not an open-market sale signaling a trading view.
Key Details
- Transaction date: 2026-02-27; SEC filing date: 2026-03-03 (filed within required period).
- Price: $3.15 per share; Shares withheld/disposed: 1,252; Total value ≈ $3,944.
- Shares owned after transaction: not specified in the provided summary; filing notes F2 that an aggregate of 59,688 shares are issuable pursuant to restricted stock units that have not vested.
- Footnote F1: the disposition represents withholding of shares to cover tax withholding on RSU vesting.
- Role/remark: Edward Kirnbauer — Chief Financial Officer and Secretary.
Context
- This was a tax-withholding (cashless) settlement of vested RSUs, a routine administrative action that does not necessarily reflect the insider’s view on the company’s stock.
- The dollar value is modest (~$3.9k), so it’s unlikely to materially indicate insider sentiment.