Enovix (ENVX) CLO RSU vest: 2,216 shares withheld at $12.32
Enovix (ENVX) reported an insider equity transaction by its Chief Legal Officer, who had shares withheld to cover taxes tied to restricted stock unit (RSU) vesting.
Rhea-AI Filing Summary
Enovix (ENVX) reported an insider equity transaction by its Chief Legal Officer, who had shares withheld to cover taxes tied to restricted stock unit (RSU) vesting. On October 24, 2025, 2,216 shares of common stock were withheld at a price of $12.32 under transaction code “F.”
Following the transaction, the officer beneficially owns 424,969 shares. This includes 309,236 shares issuable upon future RSU vesting and settlement, and 20,786 vested performance RSUs, with 50% scheduled to be released on March 2, 2026 and the remaining 50% on March 1, 2027. Each RSU and PRSU represents a contingent right to receive one share of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 2,216 | $12.32 | $27K |
Footnotes (2)
- 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") on October 24, 2025. Each RSU represents a contingent right to receive one share of the Issuer's common stock.
- F2. Includes 309,236 shares issuable upon the vesting and settlement of RSUs granted to the Reporting Person and 20,786 shares of vested performance RSUs ("PRSUs"), of which 50% will be released in on March 2, 2026 and the remaining 50% will be released on March 1, 2027. Each PRSU represents a contingent right to receive one share of the Issuer's common stock upon settlement.
FAQ
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What did Enovix (ENVX) disclose in this Form 4?
Who is the reporting person in ENVX’s filing and what is their role?
What equity awards are included in the beneficial ownership total for ENVX?
When will the vested PRSUs referenced by ENVX be released?
What does transaction code “F” mean for ENVX’s Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.