Enovix (ENVX) CAO receives 99,601 RSUs vesting quarterly through 2028

Rhea-AI Filing Summary

Truong Kristina reported acquisition or exercise transactions in this Form 4 filing.

Enovix Corp Chief Accounting Officer Kristina Truong received a grant of 99,601 shares of common stock in the form of restricted stock units at no cash cost. These RSUs will vest in 12 equal quarterly installments starting on April 1, 2026, conditioned on her continued service.

Following this award, she holds 315,099 shares and rights, including 229,040 RSUs and vested performance RSUs scheduled for release in March 2027, April 2027, and April 2028. This filing reflects compensation rather than open‑market trading.

Insights

Equity compensation analyst

Routine equity grant to Enovix CAO with multi-year vesting.

The filing shows Enovix granted Chief Accounting Officer Kristina Truong 99,601 restricted stock units of common stock at no cash exercise price. This is compensation-related (code A) and not an open-market purchase or sale, so it carries limited signaling value about her view of the stock.

The RSUs vest in 12 equal quarterly installments beginning on April 1, 2026, tying her upside to continued service over three years. After the grant she holds 315,099 shares and units, including 229,040 RSUs and performance RSUs scheduled for release in 2027 and 2028. Overall, this looks like a standard long-term incentive structure.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Truong Kristina

Role Chief Accounting Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	99,601	$0.00	--

Holdings After Transaction: Common Stock — 315,099 shares (Direct)

Footnotes (1)

1. Reflects shares issuable upon the settlement of restricted stock units ("RSUs") granted to the Reporting Person. Each RSU represents a contingent right to receive one share of the Issuer's common stock. The RSUs will vest in 12 equal quarterly installments measured from April 1, 2026, the vesting commencement date, subject to the Reporting Person's continuous service through each applicable vesting date. Includes 229,040 shares issuable upon the vesting and settlement of RSUs granted to the Reporting Person, as well as the following vested performance restricted stock units ("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

RSUs granted: 99,601 shares Grant price: $0.0000 per share Total holdings after grant: 315,099 shares +4 more

7 metrics

RSUs granted 99,601 shares Restricted stock units of common stock granted on April 1, 2026

Grant price $0.0000 per share RSUs awarded at no cash cost to the reporting person

Total holdings after grant 315,099 shares Shares and units reported following the RSU award

Unvested RSUs included 229,040 shares Shares issuable upon vesting and settlement of RSUs

PRSUs March 2027 release 2,489 shares Vested performance RSUs scheduled for release in March 2027

Total additional PRSUs 35,278 shares Vested performance RSUs; half release April 2027, half April 2028

Vesting schedule 12 quarterly installments RSUs vest in 12 equal quarterly installments from April 1, 2026

Key Terms

restricted stock units ("RSUs"), performance restricted stock units ("PRSUs"), vesting commencement date, contingent right to receive one share

4 terms

restricted stock units ("RSUs") financial

"Reflects shares issuable upon the settlement of restricted stock units ("RSUs") granted to the Reporting Person."

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

"as well as the following vested performance restricted stock units ("PRSUs"): (i) 2,489 PRSUs, which will be released"

vesting commencement date financial

"measured from April 1, 2026, the vesting commencement date, subject to the Reporting Person's continuous service"

The vesting commencement date is the starting point when an employee begins earning ownership rights to their promised benefits, such as stock options or retirement contributions. Think of it like the day a savings account is opened—only after this date do the benefits start to grow and become fully available over time. It matters to investors because it marks when the clock begins ticking toward full ownership, affecting the timing and value of these benefits.

contingent right to receive one share financial

"Each RSU represents a contingent right to receive one share of the Issuer's common stock."

Form 4 Insider Transactions: What Each Field Means →

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^*

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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Accounting Officer

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/01/2026		A		99,601(1)	A	$0	315,099(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Reflects shares issuable upon the settlement of restricted stock units ("RSUs") granted to the Reporting Person. Each RSU represents a contingent right to receive one share of the Issuer's common stock. The RSUs will vest in 12 equal quarterly installments measured from April 1, 2026, the vesting commencement date, subject to the Reporting Person's continuous service through each applicable vesting date.

2. Includes 229,040 shares issuable upon the vesting and settlement of RSUs granted to the Reporting Person, as well as the following vested performance restricted stock units ("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 Truong	04/07/2026
	** 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)

FAQ

What did Enovix (ENVX) disclose about Kristina Truong in this Form 4?

Enovix reported a stock-based compensation grant to Chief Accounting Officer Kristina Truong. She received 99,601 restricted stock units of common stock, boosting her total holdings to 315,099 shares and units, all subject to specified vesting and future release schedules tied to continued service.

How many Enovix (ENVX) shares were granted to the CAO in this filing?

The filing shows a grant of 99,601 restricted stock units to the Chief Accounting Officer. Each unit represents one share of Enovix common stock, awarded at no cash cost, and designed to vest gradually over time as part of her long-term incentive compensation package.

When do the newly granted Enovix (ENVX) RSUs to the CAO start vesting?

The new RSUs begin vesting on April 1, 2026. They vest in 12 equal quarterly installments from that vesting commencement date, and each installment requires Kristina Truong to remain in continuous service through the applicable vesting date to receive the underlying shares.

What is the total Enovix (ENVX) equity position reported for Kristina Truong after this grant?

After the grant, Kristina Truong is reported with 315,099 shares and units. This includes 229,040 RSUs plus vested performance RSUs scheduled for release in March 2027, April 2027, and April 2028, reflecting a significant component of stock-based compensation tied to future dates.

How are Enovix (ENVX) performance RSUs for the CAO scheduled to be released?

The filing notes 2,489 performance RSUs set for release in March 2027 and 35,278 performance RSUs, half releasing in April 2027 and half in April 2028. Each performance RSU converts into one share of Enovix common stock upon settlement at those future dates.