[Form 4] Identive, Inc. Insider Trading Activity
Insider transaction summary: Edward Kirnbauer, Identive, Inc. Chief Financial Officer and Secretary, reported a Form 4 showing the withholding and disposition of 1,361 shares of Identive common stock on 08/29/2025 at a price of $3.70 per share to cover tax withholding associated with vested restricted stock units. After the transaction, Mr. Kirnbauer beneficially owned 94,200 shares in total, which includes 65,313 shares issuable pursuant to unvested restricted stock units. The filing is a routine disclosure of an insider tax-related share withholding and does not include derivative transactions.
Riepilogo della transazione di un insider: Edward Kirnbauer, Chief Financial Officer e Segretario di Identive, Inc., ha riportato nel Modulo 4 la trattenuta e la disposizione di 1.361 azioni ordinarie di Identive in data 29/08/2025 al prezzo di $3,70 per azione per coprire le imposte dovute su unità azionarie vincolate divenute disponibili. Dopo l'operazione, Kirnbauer detiene beneficiariamente in totale 94.200 azioni, di cui 65.313 spettanti in virtù di unità azionarie vincolate non ancora vestite. La comunicazione rappresenta una normale disclosure fiscale dell'insider e non include operazioni su derivati.
Resumen de la transacción de un insider: Edward Kirnbauer, Director Financiero y Secretario de Identive, Inc., informó en un Formulario 4 la retención y disposición de 1.361 acciones ordinarias de Identive el 29/08/2025 a $3,70 por acción para cubrir la retención fiscal asociada a unidades de acciones restringidas que se han consolidado. Tras la operación, Kirnbauer poseía beneficiosamente un total de 94.200 acciones, incluyendo 65.313 acciones pendientes de entrega por unidades de acciones restringidas no consolidadas. La presentación es una comunicación rutinaria sobre retención de acciones por motivos fiscales y no incluye transacciones con derivados.
임원 거래 요약: Identive, Inc.의 최고재무책임자 겸 서기관인 Edward Kirnbauer는 2025-08-29에 베스팅된 제한주식단위(RSU)에 대한 세금 원천징수를 충당하기 위해 Identive 보통주 1,361주를 주당 $3.70에 원천징수 및 처분한 내용을 Form 4에 보고했습니다. 거래 후 Kirnbauer는 총 94,200주를 실질적으로 보유하게 되었으며, 이 중 65,313주는 아직 베스팅되지 않은 제한주식단위로 인한 발행 예정 주식입니다. 해당 제출서는 내부자 세금 관련 주식 원천징수의 일상적 공시이며 파생상품 거래는 포함하지 않습니다.
Résumé de la transaction d'initié : Edward Kirnbauer, directeur financier et secrétaire d'Identive, Inc., a déclaré dans un Formulaire 4 la retenue et la cession de 1 361 actions ordinaires Identive le 29/08/2025 au prix de 3,70 $ par action afin de couvrir la retenue fiscale liée à des unités d'actions restreintes vestées. Après la transaction, M. Kirnbauer détenait bénéficiairement au total 94 200 actions, dont 65 313 attribuables à des unités d'actions restreintes non encore vestées. Le dépôt constitue une divulgation routinière liée à la retenue d'actions pour impôts par un initié et n'inclut pas de transactions sur dérivés.
Zusammenfassung der Insider-Transaktion: Edward Kirnbauer, Chief Financial Officer und Sekretär von Identive, Inc., meldete in Formular 4 die Einbehaltung und Veräußerung von 1.361 Stammaktien von Identive am 29.08.2025 zum Preis von $3,70 je Aktie zur Deckung der Steuerabzüge im Zusammenhang mit ausgeübten Restricted Stock Units. Nach der Transaktion hielt Herr Kirnbauer wirtschaftlich insgesamt 94.200 Aktien, darunter 65.313 Aktien, die aus noch nicht verfallenen Restricted Stock Units resultieren. Die Meldung ist eine routinemäßige Offenlegung einer steuerbedingten Aktieneinbehaltung eines Insiders und umfasst keine Derivatgeschäfte.
- Post-transaction beneficial ownership of 94,200 shares remains substantial
- 65,313 shares are issuable pursuant to unvested restricted stock units, indicating ongoing equity alignment with the company
- Disposition of 1,361 shares occurred on 08/29/2025 at $3.70 per share (withholding to cover taxes)
Insights
TL;DR: A routine tax-withholding share disposition by the CFO; holdings remain substantial due to unvested RSUs.
Kirnbauer's reported disposition of 1,361 shares at $3.70 each reflects withholding to satisfy tax obligations upon RSU vesting rather than an open-market sale for cash. The filing discloses 94,200 shares beneficially owned post-transaction, of which 65,313 are unvested RSUs still subject to vesting conditions. From an investor-significance perspective, this is a standard administrative action with limited informational impact on company fundamentals or governance.
TL;DR: Administrative insider reporting consistent with Rule 16 requirements; no signs of unusual insider selling.
The Form 4 clearly identifies the reporting person as CFO and Secretary and records the transaction code "F," indicating shares were withheld to cover tax withholding on RSU settlement. The absence of other codes or derivative entries and the retention of a material number of shares (including significant unvested RSUs) suggests alignment with typical executive compensation settlement practices rather than a change in ownership intent.
Riepilogo della transazione di un insider: Edward Kirnbauer, Chief Financial Officer e Segretario di Identive, Inc., ha riportato nel Modulo 4 la trattenuta e la disposizione di 1.361 azioni ordinarie di Identive in data 29/08/2025 al prezzo di $3,70 per azione per coprire le imposte dovute su unità azionarie vincolate divenute disponibili. Dopo l'operazione, Kirnbauer detiene beneficiariamente in totale 94.200 azioni, di cui 65.313 spettanti in virtù di unità azionarie vincolate non ancora vestite. La comunicazione rappresenta una normale disclosure fiscale dell'insider e non include operazioni su derivati.
Resumen de la transacción de un insider: Edward Kirnbauer, Director Financiero y Secretario de Identive, Inc., informó en un Formulario 4 la retención y disposición de 1.361 acciones ordinarias de Identive el 29/08/2025 a $3,70 por acción para cubrir la retención fiscal asociada a unidades de acciones restringidas que se han consolidado. Tras la operación, Kirnbauer poseía beneficiosamente un total de 94.200 acciones, incluyendo 65.313 acciones pendientes de entrega por unidades de acciones restringidas no consolidadas. La presentación es una comunicación rutinaria sobre retención de acciones por motivos fiscales y no incluye transacciones con derivados.
임원 거래 요약: Identive, Inc.의 최고재무책임자 겸 서기관인 Edward Kirnbauer는 2025-08-29에 베스팅된 제한주식단위(RSU)에 대한 세금 원천징수를 충당하기 위해 Identive 보통주 1,361주를 주당 $3.70에 원천징수 및 처분한 내용을 Form 4에 보고했습니다. 거래 후 Kirnbauer는 총 94,200주를 실질적으로 보유하게 되었으며, 이 중 65,313주는 아직 베스팅되지 않은 제한주식단위로 인한 발행 예정 주식입니다. 해당 제출서는 내부자 세금 관련 주식 원천징수의 일상적 공시이며 파생상품 거래는 포함하지 않습니다.
Résumé de la transaction d'initié : Edward Kirnbauer, directeur financier et secrétaire d'Identive, Inc., a déclaré dans un Formulaire 4 la retenue et la cession de 1 361 actions ordinaires Identive le 29/08/2025 au prix de 3,70 $ par action afin de couvrir la retenue fiscale liée à des unités d'actions restreintes vestées. Après la transaction, M. Kirnbauer détenait bénéficiairement au total 94 200 actions, dont 65 313 attribuables à des unités d'actions restreintes non encore vestées. Le dépôt constitue une divulgation routinière liée à la retenue d'actions pour impôts par un initié et n'inclut pas de transactions sur dérivés.
Zusammenfassung der Insider-Transaktion: Edward Kirnbauer, Chief Financial Officer und Sekretär von Identive, Inc., meldete in Formular 4 die Einbehaltung und Veräußerung von 1.361 Stammaktien von Identive am 29.08.2025 zum Preis von $3,70 je Aktie zur Deckung der Steuerabzüge im Zusammenhang mit ausgeübten Restricted Stock Units. Nach der Transaktion hielt Herr Kirnbauer wirtschaftlich insgesamt 94.200 Aktien, darunter 65.313 Aktien, die aus noch nicht verfallenen Restricted Stock Units resultieren. Die Meldung ist eine routinemäßige Offenlegung einer steuerbedingten Aktieneinbehaltung eines Insiders und umfasst keine Derivatgeschäfte.