INVE CFO Edward Kirnbauer Withholds 1,077 Shares for Taxes

What Happened

• Edward Kirnbauer, Chief Financial Officer and Secretary of INVE Technologies, had 1,077 shares withheld on 2026-09-01 to cover tax withholding related to the vesting and settlement of restricted stock units (RSUs). The withholding price was $2.76 per share for a total value of about $2,973. This was a tax-withholding disposition (code F), not an open-market sale.

Key Details

• Transaction date and price: 2026-09-01, 1,077 shares withheld at $2.76/share (total ~$2,973).
• Filing date: Form 4 was filed on 2026-09-17 (appears to be late relative to the transaction date).
• Footnotes: F1 confirms the shares were withheld to satisfy tax withholding on RSU vesting under the company’s 2011 Incentive Compensation Plan. F2 notes an aggregate of 14,063 shares are issuable pursuant to RSUs that have not vested.
• Shares owned after transaction: The filing does not state a post-transaction beneficial ownership total; it does note the 14,063 unvested RSUs.

Context

• This was a routine tax-withholding transaction associated with RSU settlement (commonly called a "share withholding" or cashless withholding). Such transactions are administrative and do not necessarily indicate the insider is buying or selling stock on market. The late filing may be noted by investors but does not change the nature of the withholding.