Enovix CAO has 1,267 shares withheld for taxes
Enovix’s chief accounting officer had company shares withheld on RSU vesting to satisfy tax obligations, not as open-market sales.
Rhea-AI Filing Summary
Enovix Corp (ENVX) reported that Chief Accounting Officer Kristina Truong had shares of common stock withheld to cover taxes on recently vesting equity awards. On September 13, 2026, 1,014 shares were withheld at $3.10 per share, and on September 10, 2026, 253 shares were withheld at $3.14 per share. These code F transactions represent payment of tax liabilities by delivering or withholding shares rather than open‑market sales. Footnotes state that Truong continues to hold a substantial number of unvested RSUs and vested performance RSUs that will settle in 2027 and 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1, F3 | 1,014 | $3.10 | $3K |
| Tax Withholding | Common Stock F1, F2 | 253 | $3.14 | $794.42 |
Footnotes (3)
- F1. 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").
- F2. Includes 196,668 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.
- F3. Includes 194,753 shares issuable upon the vesting and settlement of RSUs granted to the Reporting Person, as well as the Earned PRSUs.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
performance RSUs ("PRSUs") financial
tax withholding obligations financial
Earned PRSUs financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Enovix (ENVX) disclose for Kristina Truong?
Were the ENVX insider transactions open-market sales?
Does the Enovix (ENVX) filing indicate a Rule 10b5-1 trading plan?
What RSU and PRSU awards does the ENVX chief accounting officer still hold?
How did the September 13, 2026 Enovix (ENVX) transaction affect reported RSU holdings?
AI-generated analysis. How Rhea-AI works. Not financial advice.