Enovix (ENVX) CAO reports RSU tax withholding of 697 shares in Form 4
Rhea-AI Filing Summary
Enovix Corp’s Chief Accounting Officer, Kristina Truong, reported a routine tax-related share withholding. On January 5, 2026, 697 shares of Enovix common stock were withheld at $8.73 per share to satisfy tax obligations tied to the vesting of restricted stock units (RSUs).
After this transaction, Truong beneficially owns 196,051 shares of Enovix common stock. This amount includes 147,679 shares issuable upon future RSU vesting and 4,978 vested performance RSUs, with half scheduled for release on March 2, 2026 and the remainder on March 1, 2027. Each performance RSU converts into one share upon settlement.
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FAQ
What insider transaction did Enovix (ENVX) report for Kristina Truong?
Enovix reported that Chief Accounting Officer Kristina Truong had 697 shares of common stock withheld on January 5, 2026 to cover tax obligations related to RSU vesting, at a price of $8.73 per share.
Was the Enovix (ENVX) Form 4 transaction an open-market sale?
No. The 697 shares were withheld by Enovix to satisfy tax withholding obligations in connection with vesting RSUs, rather than sold in an open-market transaction.
How many Enovix (ENVX) shares does Kristina Truong own after this Form 4?
Following the reported transaction, Kristina Truong beneficially owns 196,051 Enovix common shares, including shares underlying unvested RSUs and vested performance RSUs.
What RSU and PRSU awards are included in Kristina Truong’s Enovix holdings?
Her holdings include 147,679 shares issuable upon vesting and settlement of RSUs and 4,978 vested performance RSUs, each representing a right to receive one Enovix share upon settlement.
When will Kristina Truong’s Enovix performance RSUs be released?
Of the 4,978 vested performance RSUs, 50% are scheduled to be released on March 2, 2026, and the remaining 50% on March 1, 2027.
What does transaction code "F" mean in the Enovix (ENVX) Form 4?
Transaction code "F" indicates that shares were withheld to pay taxes upon the vesting of equity awards, such as restricted stock units, rather than being bought or sold in the market.