4Filed Aug 2, 8:00 PM ET
Identiv (INVE) Director James Ousley Receives Restricted Stock Award
$INVE · Identiv, Inc.Research Summary
AI-generated summary of this SEC filing
Identiv (INVE) Director James Ousley Receives Restricted Stock Award
What Happened
- James E. Ousley, a director of Identiv, was granted 23,810 restricted stock units (RSUs) on 2026-07-30. The reported acquisition price is $0.00 (typical for equity awards), so no cash was paid.
- The filing identifies an aggregate of 21,826 shares issuable under RSUs that have not vested; the RSU grant will convert to shares as it vests per the schedule below.
Key Details
- Transaction date and type: 2026-07-30 — Award/Grant (code A) of 23,810 RSUs; reported price $0.00.
- Vesting: RSUs vest 1/12th monthly beginning June 1, 2026. Vested shares will be delivered on the earlier of (i) three years from the initial vesting start date or (ii) separation of service (footnote F1).
- Unvested RSUs: Filing notes 21,826 RSUs have not vested (footnote F2).
- Shares owned after transaction: not specified in the filing.
- Filing timeliness: Form 4 was filed 2026-08-03 for a 2026-07-30 transaction — this appears later than the standard two-business-day Form 4 deadline.
Context
- RSUs are compensation awards that convert to shares as they vest; they are not an open-market purchase or sale and do not represent immediate cash transacted by the insider.
- Such awards are commonly used for long-term alignment with shareholders; the vesting schedule means the economic interest vests over time rather than signaling an immediate trading decision.