Enovix CAO has 241 shares withheld for RSU taxes
Enovix Corp Chief Accounting Officer Kristina Truong reported a routine tax-withholding share disposition related to equity compensation.
Rhea-AI Filing Summary
Enovix Corp Chief Accounting Officer Kristina Truong reported a routine tax-withholding share disposition related to equity compensation. On March 10, 2026, 241 shares of common stock were withheld at $4.94 per share to satisfy tax obligations from vesting restricted stock units (RSUs). This was not an open-market sale. After the withholding, Truong directly holds 225,326 shares of common stock, which includes 136,759 shares issuable upon RSU vesting and settlement and performance RSUs scheduled for release between March 2027 and April 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 241 | $4.94 | $1K |
Footnotes (2)
- F1. Reflects the withholding of shares of the Issuer's common stock to satisfy tax withholding obligations in connection with the vesting of restricted stock units ("RSUs").
- F2. Includes 136,759 shares issuable upon the vesting and settlement of RSUs granted to the Reporting Person, as well as: (i) 2,489 vested performance restricted stock units ("PRSUs"), which will be released to the Reporting Person in March 2027, and (ii) an aggregate of 35,278 PRSUs, 50% of which will be released in April 2027, with the remainder to be released in April 2028. Each PRSU represents a contingent right to receive one share of the Issuer's common stock upon settlement.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Enovix (ENVX) disclose for Kristina Truong?
Was the Enovix (ENVX) Form 4 transaction by Kristina Truong a stock sale?
What future RSU and PRSU releases are disclosed for Enovix (ENVX) officer Kristina Truong?
Does Kristina Truong’s Enovix (ENVX) Form 4 indicate any derivative exercises?
AI-generated analysis. How Rhea-AI works. Not financial advice.