INVE CFO Edward Kirnbauer Withholds 6,618 Shares for Taxes

What Happened

• Edward Kirnbauer, Chief Financial Officer and Secretary of INVE Technologies (INVE), had 6,618 restricted shares withheld to satisfy tax withholding obligations related to vested RSUs. The withheld shares are reported as disposed at an effective price of $2.60 per share, totaling $17,207. This is a tax-withholding/net-settlement event (routine), not an open-market sale.

Key Details

• Transaction date: 2026-09-15; Filing date: 2026-09-17 (filed within the typical two-business-day window).
• Action/code: F — payment of exercise price or tax liability (share withholding to cover taxes).
• Shares withheld/disposed: 6,618 at $2.60 each; total value reported $17,207.
• Footnote: Withholding of shares to cover tax withholding obligations associated with the vesting/settlement of RSUs granted under the Issuer's 2011 Incentive Compensation Plan (F1).
• Shares owned after transaction: not disclosed in the provided filing excerpt.

Context

• This was a net-share settlement to cover taxes on vested RSUs, a common administrative transaction that does not necessarily indicate insider sentiment about the stock. It differs from an open-market sale (which would realize cash proceeds) because shares were retained by the company to satisfy withholding.