Enovix Corp (ENVX) CAO reports 253-share tax withholding on RSU vesting
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
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 253 shares
Net Sell
1 txn
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)
- 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 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.
Key Figures
Shares withheld for taxes: 253 shares
Withholding price per share: $4.6400 per share
Shares held after transaction: 303,896 shares
+3 more
6 metrics
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
Key Terms
restricted stock units ("RSUs"), performance RSUs ("PRSUs"), tax withholding obligations
3 terms
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.
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).
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.