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INVE Form 4: CFO Ed Kirnbauer Reports RSU Tax-Withholding Sale

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

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.

Positive

  • 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

Negative

  • 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.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
KIRNBAUER EDWARD

(Last) (First) (Middle)
1900-B CARNEGIE AVENUE

(Street)
SANTA ANA CA 92705

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Identiv, Inc. [ INVE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
See Remarks
3. Date of Earliest Transaction (Month/Day/Year)
08/29/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/29/2025 F 1,361(1) D $3.7 94,200(2) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. 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.
2. Includes an aggregate of 65,313 shares of common stock issuable pursuant to restricted stock units that have not vested.
Remarks:
Chief Financial Officer and Secretary
/s/ Ed Kirnbauer 09/02/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did Edward Kirnbauer report on Form 4 for Identive (INVE)?

The Form 4 reports the withholding and disposition of 1,361 shares on 08/29/2025 at a price of $3.70 per share to cover tax withholding associated with RSU vesting.

How many Identive (INVE) shares does the reporting person own after the transaction?

Following the reported transaction, the reporting person beneficially owned 94,200 shares of common stock.

How many unvested restricted stock units does the Form 4 disclose for the reporting person?

The filing discloses 65,313 shares issuable pursuant to restricted stock units that have not vested.

What is the reporting person's role at Identive (INVE)?

The reporting person, Edward Kirnbauer, is identified as Chief Financial Officer and Secretary.

Does the Form 4 show any derivative transactions for the reporting person?

No. Table II for derivative securities contains no reported transactions; only non-derivative common stock activity is listed.
Identiv

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