INVE Form 4: 15,000 RSUs Awarded to CFO; 68,594 Unvested Shares
Rhea-AI Filing Summary
Edward Kirnbauer, Identive, Inc.'s Chief Financial Officer and Secretary, acquired 15,000 shares of common stock via restricted stock units under the Issuer's 2011 Incentive Compensation Plan, reported with a transaction date of 08/09/2025. The grant shows a price of $0.00, indicating these were awarded rather than purchased.
Following the transaction, Mr. Kirnbauer beneficially owns 95,561 shares in total, which includes an aggregate of 68,594 shares issuable pursuant to unvested restricted stock units. The granted RSUs vest 100% on July 11, 2026. The Form 4 identifies his relationship to the issuer as an officer and reports his corporate titles as Chief Financial Officer and Secretary.
Positive
- 15,000 restricted stock units were granted to the CFO, aligning executive compensation with shareholder interests.
- Vesting schedule is explicit: the RSUs vest 100% on July 11, 2026, providing clear timing for when shares become earned.
- Beneficial ownership disclosed: reporting person beneficially owns 95,561 shares, enhancing transparency for investors.
Negative
- None.
Insights
TL;DR Officer compensation grant of 15,000 RSUs increases direct beneficial ownership to 95,561 shares; vesting is fully scheduled on one date.
The filing reports a grant of 15,000 restricted stock units to the company's CFO, recorded at a price of $0.00 and vesting 100% on July 11, 2026. Including previously issued RSUs, the reporting person now holds 95,561 shares beneficially, with 68,594 of those represented by unvested RSUs. From a financial perspective, this is a typical equity-based compensation action and does not itself provide cash proceeds or changes to outstanding common shares disclosed in this form.
TL;DR Routine insider equity grant for an officer with a single-date vesting schedule; disclosure aligns with Section 16 reporting requirements.
The Form 4 discloses an acquisition code 'A' for 15,000 shares via RSUs under the 2011 Incentive Compensation Plan and lists the reporting person as an officer and officer titles as CFO and Secretary. The document also specifies the aggregate unvested RSUs (68,594) and the full vesting date, providing clear transparency on the timing and nature of the compensation award. No amendments or derivative transactions are reported.