Identiv executive has 1,133 shares withheld for taxes
Identiv, Inc. officer Edward Kirnbauer reported a routine tax-related share disposition.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Identiv, Inc. officer Edward Kirnbauer reported a routine tax-related share disposition. On the vesting of previously granted restricted stock units, 1,133 shares of common stock were withheld at $4.05 per share to cover tax obligations, rather than being sold on the open market.
After this withholding, Kirnbauer directly holds 90,698 shares of common stock, which includes 56,875 shares underlying restricted stock units that are granted but not yet vested. This filing reflects a compensation and tax event, not an open-market trade or change in investment stance.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,133 | $4.05 | $5K |
Footnotes (2)
- F1. Represents the withholding of shares to cover tax withholding obligations associated with the vesting and settlement of Restricted Stock Units granted pursuant to Issuer's 2011 Incentive Compensation Plan.
- F2. Includes an aggregate of 56,875 shares of common stock issuable pursuant to restricted stock units that have not vested.
Key Figures
Key Terms
Restricted Stock Units financial
2011 Incentive Compensation Plan financial
tax withholding obligations financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Identiv (INVE) officer Edward Kirnbauer report in this Form 4?
Was the Identiv (INVE) Form 4 transaction an open-market sale or purchase?
What role did restricted stock units play in the Identiv (INVE) Form 4 filing?
Does the Identiv (INVE) Form 4 suggest a change in insider sentiment?
AI-generated analysis. How Rhea-AI works. Not financial advice.