Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On July 30, 2026, Kirsten Newquist, Chief Executive Officer and a member of the Board of Directors (the “Board”) of Identiv, Inc.…
Filed Aug 5, 2026Accepted Aug 5, 2026, 5:02 PM EDTCIK 1036044Accession 0001193125-26-335440
Identiv’s RFID- and BLE-enabled IoT solutions create digital identities for physical objects, enhancing global connectivity for businesses, people, and the planet. Its solutions, integrated into over 2.0 billion applications worldwide, drive innovation across healthcare, logistics, consumer electronics, luxury goods, smart packaging, and more. For additional information, visit identiv.com | Follow us on LinkedIn @Identiv
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Item 5.02Item 5.02 - Departure/Election of Directors
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On July 30, 2026, Kirsten Newquist, Chief Executive Officer and a member of the Board of Directors (the “Board”) of Identiv, Inc. (the “Company”), notified the Board of her intention to resign as Chief Executive Officer and from the Board, following the closing of the pending Asset Sale (as defined below). The effective date of Ms. Newquist’s resignation has not yet been determined. Ms. Newquist’s decision to resign was due to her and the Board’s belief that the Company’s interests will be best served by hiring a chief executive officer with relevant domain expertise to lead the Company post-closing, and was not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices.
As previously disclosed, on June 24, 2026, Company entered into a Stock and Asset Purchase Agreement (the “Purchase Agreement”) with Trackonomy Systems, Inc., a Delaware corporation (“Buyer”), pursuant to which the Company will sell its specialty Internet of Things business to Buyer (the “Asset Sale”). The completion of the Asset Sale is subject to customary conditions, including, among other things, the approval of the Asset Sale by the Company’s stockholders. Consistent with the Company’s previously disclosed plans for its post-closing organization and management, the Board is recruiting senior leadership with significant experience in SaaS businesses, mergers and acquisitions and post-acquisition integration to lead the organization and execute the Company’s strategy.