Enovix legal chief has 936 shares withheld for taxes

Enovix’s Chief Legal Officer had shares withheld for taxes on RSU vesting and now directly holds 589,103 ENVX shares, including substantial unvested RSU and PRSU awards.

Rhea-AI Filing Summary

Enovix Corp (ENVX) reported that its Chief Legal Officer, Arthi Chakravarthy, had 936 shares of common stock withheld on September 8, 2026 to satisfy tax withholding obligations arising from the vesting of restricted stock units. After this tax-withholding disposition, Chakravarthy directly holds 589,103 shares of Enovix common stock.

This post-transaction position includes 345,628 shares issuable upon future RSU vesting and settlement, 10,393 vested PRSUs expected to be released in March 2027, and a further 58,500 PRSUs scheduled for release in April 2027 and April 2028. No Rule 10b5-1 trading plan is reported for this transaction.

Insider Trade Summary

Tax Withholding: 936 shares

Tax Withholding 1 txn

Insider Chakravarthy Arthi

Role Chief Legal Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock F1, F2	936	$3.47	$3K

Holdings After Transaction: Common Stock — 589,103 shares (Direct)

Footnotes (2)

1. 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").
2. F2. Includes 345,628 shares issuable upon the vesting and settlement of RSUs granted to the Reporting Person, as well as: (i) 10,393 vested performance restricted stock units ("PRSUs"), which will be released to the Reporting Person in March 2027, and (ii) an aggregate of 58,500 PRSUs, 50% of which will be released in April 2027, with the remainder to be released in April 2028. Each PRSU represents a contingent right to receive one share of the Issuer's common stock upon settlement.

Key Figures

Shares withheld for taxes: 936 shares Withholding price per share: $3.47 per share Shares held after transaction: 589,103 shares +3 more

6 metrics

Shares withheld for taxes 936 shares Common stock withheld on September 8, 2026 to satisfy tax withholding obligations on RSU vesting

Withholding price per share $3.47 per share Reported value per share for the 936 shares withheld on September 8, 2026

Shares held after transaction 589,103 shares Total Enovix common shares directly held by Arthi Chakravarthy after the September 8, 2026 transaction

RSU shares included in holdings 345,628 shares Shares issuable upon vesting and settlement of RSUs granted to the reporting person

Vested PRSUs to be released 10,393 PRSUs Vested performance restricted stock units scheduled for release in March 2027

Additional PRSUs outstanding 58,500 PRSUs Aggregate PRSUs, with 50% to be released in April 2027 and the remainder in April 2028

Key Terms

restricted stock units ("RSUs"), performance restricted stock units ("PRSUs"), tax withholding obligations

3 terms

restricted stock units ("RSUs") financial

"withholding of shares ... to satisfy tax withholding obligations 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.

performance restricted stock units ("PRSUs") financial

"10,393 vested performance restricted stock units ("PRSUs"), which will be released"

tax withholding obligations financial

"to satisfy tax withholding obligations in connection with the vesting of restricted stock units"

FAQ

What transaction did Enovix (ENVX) report for Chief Legal Officer Arthi Chakravarthy?

Enovix reported that on September 8, 2026, 936 shares of common stock were withheld from Arthi Chakravarthy to satisfy tax withholding obligations related to the vesting of restricted stock units, rather than an open-market sale.

How many ENVX shares does Arthi Chakravarthy hold after this Form 4 transaction?

After the reported tax-withholding transaction, Arthi Chakravarthy directly holds 589,103 shares of Enovix common stock. This total includes both currently owned shares and shares underlying outstanding RSU and PRSU awards described in the filing footnotes.

How many RSU shares are included in Arthi Chakravarthy’s ENVX holdings?

The post-transaction holdings include 345,628 shares issuable upon the vesting and settlement of restricted stock units (RSUs) granted to Arthi Chakravarthy. These RSU shares are contingent and will be issued as the units vest and settle over time.

What performance restricted stock units (PRSUs) does the Enovix Chief Legal Officer hold?

Holdings include 10,393 vested PRSUs scheduled for release in March 2027 and an additional 58,500 PRSUs, with 50% to be released in April 2027 and the remainder in April 2028, each PRSU representing one share upon settlement.

Was the ENVX Form 4 transaction made under a Rule 10b5-1 trading plan?

No. The filing indicates that the Rule 10b5-1 checkbox is not marked, and there is no footnote stating that the September 8, 2026 tax-withholding disposition was made pursuant to a Rule 10b5-1 trading plan.

At what price were the ENVX shares withheld for taxes on September 8, 2026?

The 936 shares of Enovix common stock withheld to cover taxes on September 8, 2026 are reported at $3.47 per share, reflecting the value used for the tax-withholding disposition associated with vesting RSUs.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/10/2026 - 07:01 PM Accepted by SEC EDGAR 09/10/2026 - 07:00 PM Learn about SEC filing dates

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^*

Chakravarthy Arthi

(Last) (First) (Middle)

C/O ENOVIX CORPORATION

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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Legal Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/08/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/08/2026		F		936(1)	D	$3.47	589,103(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").

2. Includes 345,628 shares issuable upon the vesting and settlement of RSUs granted to the Reporting Person, as well as: (i) 10,393 vested performance restricted stock units ("PRSUs"), which will be released to the Reporting Person in March 2027, and (ii) an aggregate of 58,500 PRSUs, 50% of which will be released in April 2027, with the remainder to be released in April 2028. Each PRSU represents a contingent right to receive one share of the Issuer's common stock upon settlement.

Remarks:

	/s/ Arthi Chakravarthy	09/10/2026
	** 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.
* Form 4: SEC 1474 (03-26)