STOCK TITAN

[Form 4] Enovix Corp Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4

Ajay Marathe, listed as Chief Operating Officer and a director of Enovix Corp (ENVX), reported a transaction dated 10/01/2025. The filing shows the withholding of 4,440 shares of common stock at a price of $11.11 to satisfy tax withholding related to the vesting of restricted stock units (RSUs), where each RSU converts into one share upon settlement. After this withholding, the reporting person beneficially owns 1,147,259 shares in total; that total includes 785,681 shares that remain issuable upon settlement of outstanding RSUs. The Form 4 was signed by an attorney-in-fact on 10/03/2025. No derivative transactions are reported on this Form 4.

Ajay Marathe, elencato come Chief Operating Officer e come direttore di Enovix Corp (ENVX), ha riportato una transazione datata 10/01/2025. La comunicazione mostra la trattenuta di 4,440 azioni ordinarie al prezzo di $11.11 per soddisfare la ritenuta fiscale relativa all vesting delle unità azionarie vincolate (RSU), dove ogni RSU si converte in una singola azione al regolamento. Dopo tale trattenuta, la persona riferente detiene beneficiariamente in totale 1,147,259 azioni; tale totale include 785,681 azioni che restano emettibili al regolamento delle RSU pendenti. Il Form 4 è stato firmato da un procuratore-in-fact il 10/03/2025. Nessuna transazione derivativa è riportata in questo Form 4.

Ajay Marathe, listado como Chief Operating Officer y director de Enovix Corp (ENVX), informó una operación fechada 10/01/2025. La presentación muestra la retención de 4,440 acciones ordinarias a un precio de $11.11 para satisfacer la retención de impuestos relacionada con la vesting de unidades de acciones restringidas (RSU), donde cada RSU se convierte en una acción al liquidarse. Después de esta retención, la persona reportante posee en beneficio propio un total de 1,147,259 acciones; ese total incluye 785,681 acciones que permanecen emitibles al liquidarse las RSU pendientes. El Form 4 fue firmado por un apoderado el 10/03/2025. No se reportan transacciones de derivados en este Form 4.

Ajay Marathe는 Enovix Corp (ENVX)의 최고 운영 책임자이자 이사로 등재되었으며, 10/01/2025로 날짜가 기재된 거래를 보고했습니다. 공시에는 RSU(restricted stock units)의 가속 vesting과 관련된 세금 원천징수를 충당하기 위해 주당 $11.11의 가격으로 4,440 주의 보통주를 원천징수한 것이 표시됩니다. 이 원천징수 후, 보고자는 총 1,147,259 주를 실질적으로 보유하게 되며, 그 총계에는 미결 RSU를Settlement하는 과정에서 남아 있는 785,681 주가 포함됩니다. Form 4는 2025년 10월 3일에 대리인이 서명했습니다. 이 Form 4에는 파생거래가 보고되지 않았습니다.

Ajay Marathe, répertorié en tant que Chief Operating Officer et administrateur de Enovix Corp (ENVX), a déclaré une transaction datée du 10/01/2025. Le dépôt montre la retenue de 4 440 actions ordinaires à un prix de $11,11 pour satisfaire la retenue fiscale liée à l’acquisition des unités d’actions restreintes (RSU), lorsque chaque RSU se convertit en une action à l’établissement. Après cette retenue, la personne signalée détient bénéficiellement au total 1 147 259 actions; ce total inclut 785 681 actions qui restent disponibles pour règlement des RSU en cours. Le Form 4 a été signé par un mandataire le 10/03/2025. Aucune opération sur dérivés n’est rapportée dans ce Form 4.

Ajay Marathe, der als Chief Operating Officer und Direktor der Enovix Corp (ENVX) aufgeführt ist, meldete eine Transaktion mit dem Datum 10/01/2025. Die Einreichung zeigt die Vorentnahme von 4.440 Stammaktien zum Preis von $11.11, um die Steuerabzugspflicht im Zusammenhang mit der Vesting von Restricted Stock Units (RSUs) zu erfüllen, wobei jede RSU bei Abwicklung in eine Aktie umgewandelt wird. Nach diesem Abzug besitzt die meldende Person insgesamt 1.147.259 Aktien; diese Summe umfasst 785.681 Aktien, die noch durch die Abwicklung ausstehender RSUs ausgegeben werden können. Das Form 4 wurde von einem Bevollmächtigten am 10/03/2025 unterzeichnet. Im Form 4 sind keine Derivategeschäfte angegeben.

Ajay Marathe، المدرج كـ الرئيس التنفيذي للعمليات و مدير في Enovix Corp (ENVX)، أبلغ عن صفقة مؤرخة بتاريخ 10/01/2025. تُظهر الإيداع حجز 4,440 سهماً عاديّاً بسعر $11.11 للوفاء باحتجاز الضريبة المتعلقة بإجراءات vesting للوحدات الأسهم المقيدة (RSU)، حيث تتحول كل RSU إلى سهم واحد عند التسوية. بعد هذا الاحتجاز، يمتلك الشخص المُبلغ عنه بشكل فعّال ما مجموعه 1,147,259 سهمًا؛ ويشمل هذا الإجمالي 785,681 سهمًا تظل قابلةً للإصدار عند تسوية RSUs القائمة. تم توقيع Form 4 بواسطة وكيل قانوني بتاريخ 10/03/2025. لا تُبلغ هذه الوحدة عن أي صفقات مشتقة في هذا Form 4.

Ajay Marathe,列为 首席运营官 且为 Enovix Corp (ENVX) 的董事,报告了一笔日期为 2025/10/01 的交易。该备案显示为满足与受限股票单位 (RSU) 的授予相关的税务代扣所扣留的 4,440 股普通股,价格为 $11.11,每个 RSU 在结算时转换为一股。扣除后,报告人实际拥有的股份总数为 1,147,259 股;该总数包括在未结 RSU 结算时仍可发行的 785,681 股。Form 4 由一名代理人于 2025/10/03 签署。此 Form 4 未报告任何衍生品交易。

Positive
  • Continued ownership of 1,147,259 shares after withholding, showing significant retained equity stake
  • Transparency in reporting a tax-withholding disposition tied to RSU vesting on 10/01/2025
Negative
  • None disclosed in this filing that are materially adverse to investors

Insights

Insider tax-withholding sale of 4,440 shares at $11.11.

The reported disposal reflects shares withheld to cover tax obligations tied to RSU vesting on 10/01/2025, not an open-market sale for cash proceeds. This is explicitly shown as tax withholding in the filing.

The reporting person still beneficially owns 1,147,259 shares, including 785,681 RSU-related shares pending settlement, indicating substantial ongoing equity exposure.

Filing confirms officer status and standard RSU settlement practice.

The form identifies the reporting person as Chief Operating Officer and a director, and the signature was provided by an attorney-in-fact on 10/03/2025. The document discloses only non-derivative activity, with no amendments or additional arrangements noted.

Ajay Marathe, elencato come Chief Operating Officer e come direttore di Enovix Corp (ENVX), ha riportato una transazione datata 10/01/2025. La comunicazione mostra la trattenuta di 4,440 azioni ordinarie al prezzo di $11.11 per soddisfare la ritenuta fiscale relativa all vesting delle unità azionarie vincolate (RSU), dove ogni RSU si converte in una singola azione al regolamento. Dopo tale trattenuta, la persona riferente detiene beneficiariamente in totale 1,147,259 azioni; tale totale include 785,681 azioni che restano emettibili al regolamento delle RSU pendenti. Il Form 4 è stato firmato da un procuratore-in-fact il 10/03/2025. Nessuna transazione derivativa è riportata in questo Form 4.

Ajay Marathe, listado como Chief Operating Officer y director de Enovix Corp (ENVX), informó una operación fechada 10/01/2025. La presentación muestra la retención de 4,440 acciones ordinarias a un precio de $11.11 para satisfacer la retención de impuestos relacionada con la vesting de unidades de acciones restringidas (RSU), donde cada RSU se convierte en una acción al liquidarse. Después de esta retención, la persona reportante posee en beneficio propio un total de 1,147,259 acciones; ese total incluye 785,681 acciones que permanecen emitibles al liquidarse las RSU pendientes. El Form 4 fue firmado por un apoderado el 10/03/2025. No se reportan transacciones de derivados en este Form 4.

Ajay Marathe는 Enovix Corp (ENVX)의 최고 운영 책임자이자 이사로 등재되었으며, 10/01/2025로 날짜가 기재된 거래를 보고했습니다. 공시에는 RSU(restricted stock units)의 가속 vesting과 관련된 세금 원천징수를 충당하기 위해 주당 $11.11의 가격으로 4,440 주의 보통주를 원천징수한 것이 표시됩니다. 이 원천징수 후, 보고자는 총 1,147,259 주를 실질적으로 보유하게 되며, 그 총계에는 미결 RSU를Settlement하는 과정에서 남아 있는 785,681 주가 포함됩니다. Form 4는 2025년 10월 3일에 대리인이 서명했습니다. 이 Form 4에는 파생거래가 보고되지 않았습니다.

Ajay Marathe, répertorié en tant que Chief Operating Officer et administrateur de Enovix Corp (ENVX), a déclaré une transaction datée du 10/01/2025. Le dépôt montre la retenue de 4 440 actions ordinaires à un prix de $11,11 pour satisfaire la retenue fiscale liée à l’acquisition des unités d’actions restreintes (RSU), lorsque chaque RSU se convertit en une action à l’établissement. Après cette retenue, la personne signalée détient bénéficiellement au total 1 147 259 actions; ce total inclut 785 681 actions qui restent disponibles pour règlement des RSU en cours. Le Form 4 a été signé par un mandataire le 10/03/2025. Aucune opération sur dérivés n’est rapportée dans ce Form 4.

Ajay Marathe, der als Chief Operating Officer und Direktor der Enovix Corp (ENVX) aufgeführt ist, meldete eine Transaktion mit dem Datum 10/01/2025. Die Einreichung zeigt die Vorentnahme von 4.440 Stammaktien zum Preis von $11.11, um die Steuerabzugspflicht im Zusammenhang mit der Vesting von Restricted Stock Units (RSUs) zu erfüllen, wobei jede RSU bei Abwicklung in eine Aktie umgewandelt wird. Nach diesem Abzug besitzt die meldende Person insgesamt 1.147.259 Aktien; diese Summe umfasst 785.681 Aktien, die noch durch die Abwicklung ausstehender RSUs ausgegeben werden können. Das Form 4 wurde von einem Bevollmächtigten am 10/03/2025 unterzeichnet. Im Form 4 sind keine Derivategeschäfte angegeben.

SEC Form 4
FORM 4 UNITED 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*
Marathe Ajay

(Last) (First) (Middle)
C/O ENOVIX CORPORATION
3501 W. WARREN AVENUE

(Street)
FREMONT CA 94538

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Enovix Corp [ ENVX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Operating Officer
3. Date of Earliest Transaction (Month/Day/Year)
10/01/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 10/01/2025 F 4,440(1) D $11.11 1,147,259(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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount 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") on October 1, 2025. Each RSU represents a contingent right to receive one share of the Issuer's common stock.
2. Includes 785,681 shares issuable upon the settlement of RSUs granted to the Reporting Person.
Remarks:
/s/ Arthi Chakravarthy, Attorney-in-Fact for Ajay Marathe 10/03/2025
** Signature of Reporting Person Date
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.

FAQ

What did Ajay Marathe report on Form 4 for ENVX?

The filing reports the withholding of 4,440 shares at $11.11 to satisfy tax withholding connected to RSU vesting on 10/01/2025.

How many Enovix shares does Ajay Marathe beneficially own after the transaction?

The Form 4 reports 1,147,259 shares beneficially owned following the reported transaction.

How many of Marathe’s shares are issuable upon RSU settlement?

The filing discloses 785,681 shares issuable upon settlement of outstanding RSUs.

Was this a market sale or a tax-withholding event?

The transaction is reported as tax withholding to satisfy tax obligations from RSU vesting, not as an open-market sale.

When was the Form 4 signed?

The Form 4 was signed by an attorney-in-fact for Ajay Marathe on 10/03/2025.
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