What future share releases for Enovix (ENVX) CEO are described in this Form 4?

The filing notes 47,775 vested performance RSUs to be released in March 2027 and 259,611 performance RSUs, half scheduled for release in April 2027 and the remainder in April 2028, each representing one Enovix common share upon settlement.

Enovix (ENVX) CEO sees 15,569 shares withheld for RSU tax obligations

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Enovix Corp President and CEO Rajendra K. Talluri reported a tax-related share disposition. On April 1, 2026, 15,569 shares of Enovix common stock were withheld at $4.97 per share to satisfy tax withholding obligations tied to the vesting of restricted stock units (RSUs).

After this withholding, Talluri holds 2,418,545 shares directly, including 1,409,436 shares issuable upon RSU vesting and settlement, 47,775 vested performance RSUs scheduled for release in March 2027, and 259,611 performance RSUs scheduled for release in April 2027 and April 2028.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Talluri Rajendra K

Role President and CEO

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	15,569	$4.97	$77K

Holdings After Transaction: Common Stock — 2,418,545 shares (Direct)

Footnotes (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"). Includes 1,409,436 shares issuable upon the vesting and settlement of RSUs granted to the Reporting Person, as well as: (i) 47,775 vested performance restricted stock units ("PRSUs"), which will be released to the Reporting Person in March 2027, and (ii) an aggregate of 259,611 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: 15,569 shares Withholding share price: $4.97 per share Shares after transaction: 2,418,545 shares +3 more

6 metrics

Shares withheld for taxes 15,569 shares Tax withholding related to RSU vesting on April 1, 2026

Withholding share price $4.97 per share Value used for tax-withholding disposition of 15,569 shares

Shares after transaction 2,418,545 shares Total common stock held directly following the tax withholding

RSUs issuable 1,409,436 shares Shares issuable upon vesting and settlement of RSUs granted to the CEO

Vested PRSUs 47,775 units Vested performance RSUs to be released in March 2027

Additional PRSUs 259,611 units Performance RSUs with half releasing in April 2027 and half in April 2028

Key Terms

restricted stock units ("RSUs"), performance restricted stock units ("PRSUs"), vesting, settlement, +1 more

5 terms

restricted stock units ("RSUs") financial

"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 restricted stock units ("PRSUs") financial

"Includes 1,409,436 shares issuable upon the vesting and settlement of RSUs ... 47,775 vested performance restricted stock units ("PRSUs")."

vesting financial

"to satisfy tax withholding obligations in connection with the vesting of restricted stock units ("RSUs")."

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

settlement financial

"Includes 1,409,436 shares issuable upon the vesting and settlement of RSUs granted to the Reporting Person."

Settlement is the process of completing a financial transaction, like buying or selling a stock, by transferring money and ownership between parties. It ensures that both the buyer gets the asset and the seller gets paid, making the deal official. Without settlement, the transaction wouldn't be finalized or legally recognized.

tax withholding obligations financial

"Reflects the withholding of shares ... to satisfy tax withholding obligations in connection with the vesting of restricted stock units ("RSUs")."

Form 4 Insider Transactions: What Each Field Means →

04/06/2026 - 06:52 PM

SEC Form 4

FORM 4

UNITED 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^*

Talluri Rajendra K

(Last)

(First)

(Middle)

C/O ENOVIX CORPORATION

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)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	President and CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/01/2026		F		15,569⁽¹⁾	D	$4.97	2,418,545⁽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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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 1,409,436 shares issuable upon the vesting and settlement of RSUs granted to the Reporting Person, as well as: (i) 47,775 vested performance restricted stock units ("PRSUs"), which will be released to the Reporting Person in March 2027, and (ii) an aggregate of 259,611 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 Raj Talluri	04/06/2026
	** Signature of Reporting Person	Date
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)

Source: View Original Filing on SEC EDGAR

FAQ

What did Enovix (ENVX) CEO Rajendra K. Talluri report in this Form 4 filing?

Enovix CEO Rajendra K. Talluri reported a tax-withholding disposition of 15,569 common shares at $4.97 per share. The shares were withheld to cover tax obligations arising from the vesting of restricted stock units granted to him.

How many Enovix (ENVX) shares were withheld for taxes from the CEO’s RSU vesting?

A total of 15,569 Enovix common shares were withheld to satisfy tax withholding obligations. The withholding was directly linked to the vesting of restricted stock units, rather than an open-market sale of shares by the CEO.

How many Enovix (ENVX) shares does the CEO hold after this tax-withholding transaction?

Following the tax-withholding transaction, CEO Rajendra K. Talluri holds 2,418,545 Enovix shares directly. This total includes currently held shares plus shares issuable upon vesting and settlement of RSUs and performance RSUs noted in the filing.

What restricted stock units (RSUs) and performance RSUs does the Enovix (ENVX) CEO have?

The CEO has 1,409,436 shares issuable upon RSU vesting and settlement, 47,775 vested performance RSUs releasing in March 2027, and 259,611 performance RSUs scheduled for release in April 2027 and April 2028, each corresponding to one common share.