Velarion · Company Intelligence
Compensation Brief
Fiscal year 2024 · Filings through 2026-07-16

Identiv (INVE)

Fiscal year 2024 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$2,101,455
Kirsten Newquist total, FY2024
CEO pay percentile vs peers
CEO-to-median pay ratio
68.57%
Say-on-pay support, latest vote
Companies that benchmark against INVE
2 companies name INVE as a compensation peer

Each company listed discloses INVE in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named INVE in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2024

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Kirsten Newquist$284,872$62,500$1,674,000$0$75,000$0$5,083$2,101,455
Chief Executive Officer and Director
Steven Humphreys373,68801,171,6500006601,545,998
Former Chief Executive Officer
Justin Scarpulla340,0000731,775093,75005,7501,171,275
Chief Financial Officer and Secretary

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2024 totalFY2023 totalFY2022 totalΔ FY20232024
Kirsten Newquist$2,101,455
Steven Humphreys1,545,998
Justin Scarpulla1,171,275

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2024 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Justin ScarpullaChief Financial Officer2025-05-30D2,360$3$7,717CommonForm 4 ↗
Kirsten F. NewquistDirector2025-07-15D6,348321,202CommonForm 4 ↗
Edward KirnbauerSee Remarks2025-07-29A25,00000CommonForm 4 ↗
Miguel A. LopezDirector2025-07-29A23,41400CommonForm 4 ↗
Laura AngeliniDirector2025-07-29A22,65900CommonForm 4 ↗
James E. OusleyDirector2025-07-29A28,70100CommonForm 4 ↗
Gary KremenDirector2025-07-29A18,88200CommonForm 4 ↗
Richard E. KuntzDirector2025-07-29A21,14800CommonForm 4 ↗
Edward KirnbauerSee Remarks2025-08-09A15,00000CommonForm 4 ↗
Edward KirnbauerSee Remarks2025-08-29D1,36145,036CommonForm 4 ↗
Kirsten F. NewquistDirector2025-10-15D6,348321,901CommonForm 4 ↗
Edward KirnbauerSee Remarks2025-12-01D1,11733,764CommonForm 4 ↗
Kirsten F. NewquistDirector2026-01-15D7,023324,089CommonForm 4 ↗
Edward KirnbauerSee Remarks2026-02-27D1,25233,944CommonForm 4 ↗
Kirsten F. NewquistDirector2026-03-02A150,00000CommonForm 4 ↗
Kirsten F. NewquistDirector2026-03-02D77,5323245,776CommonForm 4 ↗
Kirsten F. NewquistDirector2026-04-15D6,360423,405CommonForm 4 ↗
Edward KirnbauerSee Remarks2026-06-01D1,13344,589CommonForm 4 ↗
Edward KirnbauerSee Remarks2026-07-10D19,875358,234CommonForm 4 ↗
Kirsten F. NewquistDirector2026-07-15D6,361318,956CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

03

Grants of plan-based awards — fiscal year 2024

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Kirsten NewquistPRSU$1,674,000
Steven HumphreysPRSU1,171,650
Justin ScarpullaPRSU731,775
03b

Vehicle mix — grant-date fair value by award type

Grant-level vehicle detail not disclosed.

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2024

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Justin ScarpullaRSU26,563$97,221
Kirsten NewquistRSU200,000732,000
Justin ScarpullaRSU62,500228,750
Justin ScarpullaRSU37,500137,250
05

Incentive-plan design — the Compensation Discussion & Analysis

Our pay-for-performance philosophy links compensation to the achievement of our operational objectives, long-term performance goals and the enhancement of stockholder value.

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultant
Clawback policyTrue
Anti-hedgingFalse
Anti-pledgingfalse
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20252025-06-1010,344,0974,741,1441,407,98468.57%Passed
20242024-06-2813,337,2931,671,79140,70688.86%Passed
20232023-06-0813,967,120214,20817,03798.49%Passed
20222022-05-2612,461,229113,19514,29299.1%Passed
20212021-05-269,979,285110,8478,21798.9%Passed
20202020-06-017,296,5431,408,21487,04983.82%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20252025-06-1068.57%a
20242024-06-2888.86%b
20232023-06-0898.49%c

a. Voting standard not stated in the filing.

b. Voting standard not stated in the filing.

c. Voting standard not stated in the filing.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

08

Director compensation — fiscal year 2024

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
James E. OusleyIndependent · Board Chair · Audit (Chair) · Nominating/Governance$102,500$100,003$0$0$0$202,503
Gary KremenIndependent · Audit · Compensation80,00078,053000158,053
Laura AngeliniIndependent · Audit · Compensation (Chair) · Nominating/Governance65,00065,769000130,769
Richard E. KuntzIndependent · Compensation · Nominating/Governance (Chair)65,00065,769000130,769
Miguel A. LopezIndependent · Newly elected000000
Kirsten F. NewquistEmployee director00000
09

Board fee structure and ownership guideline

Annual cash retainer$62,500
Annual equity retainer$62,500
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)20,000 / 10,000 / 10,000
Stock ownership guideline
09b

Total cost of the board

ComponentFY2024
Cash retainers and fees$312,500
Equity awards (grant-date value)$309,594
All other compensation$0
Total cost of the board$622,094

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Identiv2024Kirsten Newquist$284,872$1,674,000$0$75,000$2,101,455

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Kirsten NewquistDEF 14A2025-04-300000950170-25-061183Section “Summary Compensation Table”. As printed: 2,101,455. Filing ↗machine: r2 · c27 · span 593480–593489
2Section 01, Steven HumphreysDEF 14A2025-04-300000950170-25-061183Section “Summary Compensation Table”. As printed: 1,545,998. Filing ↗machine: r8 · c27 · span 644383–644392
3Section 01, Justin ScarpullaDEF 14A2025-04-300000950170-25-061183Section “Summary Compensation Table”. As printed: 1,171,275. Filing ↗machine: r5 · c27 · span 617541–617550
4Section 03, Kirsten Newquist PRSUDEF 14A2025-04-300000950170-25-061183Section “EXECUTIVE COMPENSATION &” · grants of plan-based awards table. Filing ↗machine: t11 · r2 · c15 · span 589485–589494
5Section 03, Steven Humphreys PRSUDEF 14A2025-04-300000950170-25-061183Section “EXECUTIVE COMPENSATION &” · grants of plan-based awards table. Filing ↗machine: t11 · r8 · c15 · span 640389–640398
6Section 03, Justin Scarpulla PRSUDEF 14A2025-04-300000950170-25-061183Section “EXECUTIVE COMPENSATION &” · grants of plan-based awards table. Filing ↗machine: t11 · r5 · c15 · span 613548–613555
7Section 08, James E. OusleyDEF 14A2025-04-300000950170-25-061183Section “Director Compensation”. As printed: 202,503. Filing ↗machine: t2 · r5 · c15 · span 314088–314095
8Section 08, Gary KremenDEF 14A2025-04-300000950170-25-061183Section “Director Compensation”. As printed: 158,053. Filing ↗machine: t2 · r3 · c15 · span 302215–302222
9Section 08, Laura AngeliniDEF 14A2025-04-300000950170-25-061183Section “Director Compensation”. As printed: 130,769. Filing ↗machine: t2 · r2 · c15 · span 296287–296294
10Section 08, Richard E. KuntzDEF 14A2025-04-300000950170-25-061183Section “Director Compensation”. As printed: 130,769. Filing ↗
11Section 08, Miguel A. LopezDEF 14A2025-04-300000950170-25-061183Section “Director Compensation”. As printed: 0. Filing ↗
12Section 08, Kirsten F. NewquistDEF 14A2025-04-300000950170-25-061183Section “Director Compensation”. As printed: 0. Filing ↗
13Section 02, Justin Scarpulla 2025-05-30Form 42025-06-020000950170-25-080377Insider equity transaction reported since the proxy statement. Filing ↗
14Section 02, Kirsten F. Newquist 2025-07-15Form 42025-07-160000950170-25-096362Insider equity transaction reported since the proxy statement. Filing ↗
15Section 02, Edward Kirnbauer 2025-07-29Form 42025-07-310000950170-25-100972Insider equity transaction reported since the proxy statement. Filing ↗
16Section 02, Miguel A. Lopez 2025-07-29Form 42025-07-310000950170-25-100977Insider equity transaction reported since the proxy statement. Filing ↗
17Section 02, Laura Angelini 2025-07-29Form 42025-07-310000950170-25-100980Insider equity transaction reported since the proxy statement. Filing ↗
18Section 02, James E. Ousley 2025-07-29Form 42025-07-310000950170-25-100988Insider equity transaction reported since the proxy statement. Filing ↗
19Section 02, Gary Kremen 2025-07-29Form 42025-07-310000950170-25-100986Insider equity transaction reported since the proxy statement. Filing ↗
20Section 02, Richard E. Kuntz 2025-07-29Form 42025-07-310000950170-25-100967Insider equity transaction reported since the proxy statement. Filing ↗
21Section 02, Edward Kirnbauer 2025-08-09Form 42025-08-120000950170-25-107215Insider equity transaction reported since the proxy statement. Filing ↗
22Section 02, Edward Kirnbauer 2025-08-29Form 42025-09-020000950170-25-112606Insider equity transaction reported since the proxy statement. Filing ↗
23Section 02, Kirsten F. Newquist 2025-10-15Form 42025-10-160001193125-25-241105Insider equity transaction reported since the proxy statement. Filing ↗
24Section 02, Edward Kirnbauer 2025-12-01Form 42025-12-020001193125-25-304927Insider equity transaction reported since the proxy statement. Filing ↗
25Section 02, Kirsten F. Newquist 2026-01-15Form 42026-01-200001193125-26-016205Insider equity transaction reported since the proxy statement. Filing ↗
26Section 02, Edward Kirnbauer 2026-02-27Form 42026-03-030001193125-26-087433Insider equity transaction reported since the proxy statement. Filing ↗
27Section 02, Kirsten F. Newquist 2026-03-02Form 42026-03-040001193125-26-092103Insider equity transaction reported since the proxy statement. Filing ↗
28Section 02, Kirsten F. Newquist 2026-03-02Form 42026-03-040001193125-26-092103Insider equity transaction reported since the proxy statement. Filing ↗
29Section 02, Kirsten F. Newquist 2026-04-15Form 42026-04-170001193125-26-161697Insider equity transaction reported since the proxy statement. Filing ↗
30Section 02, Edward Kirnbauer 2026-06-01Form 42026-06-020001193125-26-253240Insider equity transaction reported since the proxy statement. Filing ↗
31Section 02, Edward Kirnbauer 2026-07-10Form 42026-07-130001193125-26-301791Insider equity transaction reported since the proxy statement. Filing ↗
32Section 02, Kirsten F. Newquist 2026-07-15Form 42026-07-160001193125-26-306183Insider equity transaction reported since the proxy statement. Filing ↗
33Section 06, 2025 voteForm 8-K2025-06-130000950170-25-086382Item 5.07 · say-on-pay result. As reported: 68.57% (votes for as printed: 10,344,097). Filing ↗
34Section 06, 2024 voteForm 8-K2024-07-020001193125-24-174393Item 5.07 · say-on-pay result. As reported: 88.86% (votes for as printed: 13,337,293). Filing ↗
35Section 06, 2023 voteForm 8-K2023-06-130001193125-23-165890Item 5.07 · say-on-pay result. As reported: 98.49% (votes for as printed: 13,967,120). Filing ↗
36Section 09b board cost (computed)ComputedcomputedCash 312,500 + equity 309,594 + all other 0 = 622,094, summed across the director compensation table rows.machine: formula: Σ = 622,094
37Identiv (subject), Section 10b CEO totalDEF 14A2025-04-300000950170-25-061183CEO total compensation as printed in Identiv's own proxy. As printed: 2,101,455. Filing ↗machine: r2 · c27 · span 593480–593489