Newquist Kirsten F. 4
Research Summary
AI-generated summary
Identiv CEO Kirsten Newquist Sells 6,360 Shares (Tax Withholding)
What Happened
- Kirsten Newquist, CEO of Identiv, had 6,360 shares disposed on April 15, 2026 as tax withholding related to the vesting and settlement of restricted stock units (RSUs). The withholding was at $3.68 per share, totaling approximately $23,405. This was a withholding-to-cover tax obligation (routine disposition), not an open-market sale intended as a directional trade.
Key Details
- Transaction date and price: 2026-04-15 — 6,360 shares @ $3.68 each.
- Total value of shares withheld: ~$23,405.
- Filing date: 2026-04-17 — filed within the typical Form 4 reporting window (timely).
- Footnote F1: Shares were withheld to cover tax withholding obligations on RSU vesting.
- Footnote F2: The filing notes an aggregate of 100,000 shares issuable pursuant to RSUs that have not vested (these are not yet deliverable/common shares).
- Transaction code: F (tax withholding).
Context
- Withholdings to cover taxes on RSU vesting are routine and do not necessarily indicate CEO sentiment about the company's stock price. This was a disposition only to satisfy tax obligations, not a purchase or open-market sale.