STOCK TITAN

Enovix Corp (NASDAQ: ENVX) CAO reports 1,680-share RSU tax withholding

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Enovix Corp Chief Accounting Officer Kristina Truong reported a Form 4 showing a tax-related share withholding. On July 8, 2026, 1,680 shares of common stock were disposed of at $5.13 per share to satisfy tax withholding obligations tied to vesting restricted stock units (RSUs), rather than an open-market sale. After this withholding, Truong directly holds 305,417 shares of Enovix common stock, which includes 201,898 shares issuable upon vesting and settlement of RSUs and vested performance RSUs scheduled for release through March 2027 and April 2028.

Positive

  • None.

Negative

  • None.
Insider Truong Kristina
Role Chief Accounting Officer
Type Security Shares Price Value
Tax Withholding Common Stock 1,680 $5.13 $9K
Holdings After Transaction: Common Stock — 305,417 shares (Direct)
Footnotes (1)
  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 201,898 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 (the foregoing PRSUs collectively referred to as the "Earned PRSUs"). Each PRSU represents a contingent right to receive one share of the Issuer's common stock upon settlement.
Shares withheld for taxes 1,680 shares Common stock withheld on July 8, 2026 to satisfy tax withholding obligations for RSU vesting
Withholding price per share $5.13 per share Value used for the 1,680-share tax-withholding disposition of Enovix common stock
Shares held after transaction 305,417 shares Total Enovix common stock directly held by Kristina Truong following the tax-withholding transaction
RSUs issuable 201,898 shares Shares issuable upon the vesting and settlement of restricted stock units granted to the reporting person
Vested PRSUs releasing March 2027 2,489 PRSUs Earned performance RSUs scheduled to be released to the reporting person in March 2027
Vested PRSUs releasing 2027–2028 35,278 PRSUs Earned performance RSUs with 50% releasing in April 2027 and the remainder in April 2028
restricted stock units ("RSUs") financial
"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
"Includes 201,898 shares issuable upon the vesting and settlement of RSUs granted"
tax withholding obligations financial
"to satisfy tax withholding obligations in connection with the vesting of restricted stock units"
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

FAQ

What did Enovix (ENVX) insider Kristina Truong report on this Form 4?

Kristina Truong, Enovix’s Chief Accounting Officer, reported a tax-withholding disposition of 1,680 shares of common stock related to RSU vesting, rather than an open-market purchase or sale.

How many Enovix (ENVX) shares were disposed of for tax withholding?

A total of 1,680 shares of Enovix common stock were withheld at $5.13 per share to satisfy tax withholding obligations connected to the vesting of restricted stock units.

How many Enovix (ENVX) shares does Kristina Truong hold after this transaction?

Following the tax withholding, Kristina Truong directly holds 305,417 Enovix shares, including shares currently held and those issuable upon the vesting and settlement of RSUs and performance RSUs.

What future Enovix (ENVX) RSUs and PRSUs are included in Truong’s holdings?

Truong’s reported holdings include 201,898 shares issuable from RSUs and vested PRSUs of 2,489 shares releasing in March 2027 and 35,278 shares releasing in April 2027 and April 2028.

Was the Enovix (ENVX) Form 4 transaction an open-market sale by Kristina Truong?

No. The Form 4 specifies the transaction as a tax-withholding disposition related to RSU vesting, with shares withheld to cover taxes instead of being sold on the open market.

What does the transaction code F mean in this Enovix (ENVX) Form 4?

Transaction code F indicates a payment of tax liability by delivering securities. Here, 1,680 Enovix shares were withheld to satisfy tax obligations from RSU vesting.
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)
07/08/2026
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 Stock07/08/2026F1,680(1)D$5.13305,417(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 201,898 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 (the foregoing PRSUs collectively referred to as the "Earned PRSUs"). 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 Truong07/10/2026
** 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)