4Filed Sep 16, 8:00 PM ET
INVE CEO Kirsten Newquist Withholds 44,520 Shares for Taxes
$INVE · INVE Technologies, Inc.Research Summary
AI-generated summary of this SEC filing
INVE CEO Kirsten Newquist Withholds 44,520 Shares for Taxes
What Happened
- Kirsten F. Newquist, CEO of INVE Technologies (INVE), had 44,520 restricted stock units (RSU) withheld on Sept 15, 2026 to satisfy tax withholding obligations. The withholding value was 44,520 shares × $2.60 = $115,752. This was a tax-withholding disposition, not an open-market sale.
Key Details
- Transaction date: 2026-09-15
- Price used for withholding: $2.60 per share
- Shares withheld/disposed: 44,520; total value: $115,752
- Transaction code: F (shares withheld to cover tax liability on RSU vesting)
- Footnote: Withholding of shares to cover tax obligations related to RSUs granted under the Issuer’s 2011 Incentive Compensation Plan
- Shares owned after transaction: Not specified in the filing
- Filing: Report filed 2026-09-17 for a 2026-09-15 transaction (appears to be filed within the standard 2-business-day Form 4 window)
Context
- This transaction reflects routine tax withholding upon RSU vesting rather than a discretionary sale or purchase. Such withholdings are common and do not necessarily indicate the insider’s view on the company’s stock.