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Enovix Corp (ENVX) CAO reports 253-share tax withholding on RSU vesting

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Enovix Corp reported that Chief Accounting Officer Kristina Truong had 253 shares of common stock withheld on 2026-08-10 to satisfy tax withholding obligations related to vesting restricted stock units. Following this disposition, she holds 303,896 shares directly, including 199,030 RSU-based shares and vested PRSUs scheduled for release between March 2027 and April 2028.

Positive

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Negative

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Insider Truong Kristina
Role Chief Accounting Officer
Type Security Shares Price Value
Tax Withholding Common Stock F1, F2 253 $4.64 $1K
Holdings After Transaction: Common Stock — 303,896 shares (Direct)
Footnotes (2)
  1. 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").
  2. F2. Includes 199,030 shares issuable upon the vesting and settlement of RSUs granted to the Reporting Person, as well as the following vested performance RSUs ("PRSUs"): (i) 2,489 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.
Shares withheld for taxes 253 shares Common stock withheld on 2026-08-10 to satisfy tax withholding on RSU vesting
Withholding price per share $4.6400 per share Value used for the 253 withheld shares of common stock
Shares held after transaction 303,896 shares Total direct holdings following the 2026-08-10 tax-withholding disposition
RSUs outstanding 199,030 shares Shares issuable upon vesting and settlement of RSUs granted to the reporting person
PRSUs March 2027 release 2,489 PRSUs Vested PRSUs scheduled to be released in March 2027
PRSUs April 2027–2028 releases 35,278 PRSUs Vested PRSUs, 50% to be released in April 2027 and 50% in April 2028
restricted stock units ("RSUs") financial
"withholding of shares ... to satisfy tax withholding obligations in connection with the vesting of restricted stock units ("RSUs")"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
performance RSUs ("PRSUs") financial
"as well as the following vested performance RSUs ("PRSUs"): (i) 2,489 PRSUs"
tax withholding obligations financial
"to satisfy tax withholding obligations in connection with the vesting of restricted stock units"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What transaction did Enovix (ENVX) report for Kristina Truong on August 10, 2026?

Enovix reported that Chief Accounting Officer Kristina Truong had 253 shares of common stock withheld on 2026-08-10 to satisfy tax withholding obligations arising from the vesting of restricted stock units (RSUs).

How many Enovix (ENVX) shares does Kristina Truong own after this Form 4 transaction?

After the transaction, Kristina Truong directly holds 303,896 shares of Enovix common stock, including shares underlying vested and unvested RSUs and PRSUs scheduled to settle between 2027 and 2028.

Was the Enovix (ENVX) Form 4 transaction a market sale by Kristina Truong?

The Form 4 describes a Code F transaction, reflecting withholding of 253 shares to cover tax liabilities on RSU vesting, rather than an open-market sale initiated for investment purposes.

What future RSU and PRSU settlements are disclosed for Enovix (ENVX) officer Kristina Truong?

The disclosure notes 199,030 shares issuable upon RSU vesting plus vested PRSUs: 2,489 PRSUs to be released in March 2027 and 35,278 PRSUs releasing 50% in April 2027 and 50% in April 2028.

What does transaction code F mean in the Enovix (ENVX) Form 4 for Kristina Truong?

Transaction code F indicates a disposition of shares to pay exercise price or tax liability. Here it reflects tax withholding on RSU vesting, not a discretionary purchase or sale in the market.
SEC Form 4
FORM 4UNITED 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*
Truong Kristina

(Last)(First)(Middle)
3501 W WARREN AVENUE

(Street)
FREMONT CALIFORNIA 94538

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Enovix Corp [ ENVX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Accounting Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/10/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock08/10/2026F253(1)D$4.64303,896(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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").
2. Includes 199,030 shares issuable upon the vesting and settlement of RSUs granted to the Reporting Person, as well as the following vested performance RSUs ("PRSUs"): (i) 2,489 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.
Remarks:
/s/ Arthi Chakravarthy, Attorney-in-Fact for Kristina Truong08/11/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)