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Enovix Corp (ENVX) CFO logs 19,824-share tax withholding on RSU vesting

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

Rhea-AI Filing Summary

Enovix Corp Chief Financial Officer Ryan A. Benton reported a tax-withholding disposition of 19,824 shares of common stock on July 14, 2026. Shares were withheld at $5.06 per share to satisfy tax obligations arising from the vesting of restricted stock units. Following this withholding, Benton directly holds 894,556 shares of common stock, including 789,817 shares issuable upon future vesting and settlement of RSUs granted to him.

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Insider Benton Ryan A
Role Chief Financial Officer
Type Security Shares Price Value
Tax Withholding Common Stock 19,824 $5.06 $100K
Holdings After Transaction: Common Stock — 894,556 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 789,817 shares issuable upon vesting and settlement of RSUs granted to the Reporting Person.
Tax-withheld shares 19,824 shares Shares of common stock withheld to satisfy tax obligations on RSU vesting
Withholding price $5.06 per share Value used for the 19,824-share tax-withholding disposition
Post-transaction holdings 894,556 shares Total common shares directly held by the CFO after the transaction
RSUs issuable 789,817 shares Shares issuable upon vesting and settlement of RSUs granted to the CFO
restricted stock units ("RSUs") financial
"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.
tax withholding obligations financial
"withholding of shares ... to satisfy tax withholding obligations in connection"
vesting and settlement financial
"shares issuable upon vesting and settlement of RSUs granted"
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FAQ

What insider transaction did Enovix (ENVX) report for CFO Ryan A. Benton?

Enovix reported that CFO Ryan A. Benton had 19,824 shares of common stock withheld on July 14, 2026 to cover tax obligations related to vesting restricted stock units, a non-market tax-withholding disposition rather than an open-market sale.

How many Enovix (ENVX) shares were involved in the CFO’s tax withholding?

The transaction involved 19,824 shares of Enovix common stock. These shares were withheld at $5.06 per share to satisfy tax withholding obligations triggered by the vesting of restricted stock units (RSUs) granted to the CFO.

Did the Enovix (ENVX) CFO sell shares on the open market in this filing?

No. The Form 4 shows a tax-withholding disposition, where 19,824 shares were withheld by the issuer to cover tax liabilities from RSU vesting, rather than an open-market sale initiated by the CFO.

How many Enovix (ENVX) shares does the CFO hold after this transaction?

After the tax-withholding transaction, CFO Ryan A. Benton directly holds 894,556 shares of Enovix common stock. This figure includes shares currently held and those issuable upon vesting and settlement of restricted stock units granted to him.

What was the price used for the Enovix (ENVX) CFO’s tax-withholding shares?

The tax-withholding disposition used a price of $5.06 per share for the 19,824 Enovix common shares withheld. This price is used solely for calculating the value of shares applied toward the CFO’s tax liability on 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*
Benton Ryan A

(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 Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/14/2026
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 Stock07/14/2026F19,824(1)D$5.06894,556(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 789,817 shares issuable upon vesting and settlement of RSUs granted to the Reporting Person.
Remarks:
/s/ Arthi Chakravarthy, Attorney-in-Fact for Ryan Benton07/16/2026
** 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)