Identiv (INVE) CFO Edward Kirnbauer Withholds Shares for Taxes

What Happened
Edward Kirnbauer, Identiv's Chief Financial Officer (and Secretary), had 1,133 shares withheld on 2026-06-01 to satisfy tax withholding obligations related to the vesting and settlement of restricted stock units. The shares were valued at $4.05 each, for a total of $4,589. This is a tax-withholding disposition tied to RSU settlement, not an open-market sale.

Key Details

• Transaction date and price: 2026-06-01 at $4.05 per share.
• Shares withheld/disposed: 1,133 shares; proceeds (withheld value) = $4,589.
• Shares owned after transaction: the filing does not list a total post-transaction ownership figure; footnote F2 states an aggregate of 56,875 shares are issuable pursuant to unvested RSUs.
• Footnotes: F1 confirms the shares were withheld to cover tax withholding on RSU vesting. F2 notes 56,875 unvested RSUs outstanding.
• Timeliness: Filing submitted 2026-06-02 for a 2026-06-01 transaction — appears timely.

Context
Withholding shares for taxes on RSU vesting is a routine administrative transaction and does not necessarily signal insider sentiment about the company. This was a cashless tax withholding (disposition code F), not an open-market sale or a purchase.