[Form 4] Enovix Corp Insider Trading Activity
Enovix Corporation (ENVX) president and CEO Raj Talluri, who also serves as a director, reported an automatic share withholding related to equity compensation.
Rhea-AI Filing Summary
Enovix Corporation (ENVX) president and CEO Raj Talluri, who also serves as a director, reported an automatic share withholding related to equity compensation. On November 18, 2025, 17,617 shares of Enovix common stock were withheld at a price of $7.50 per share to cover tax obligations triggered by the vesting of restricted stock units (RSUs). These are not open-market sales but shares retained by the company for taxes.
Following this transaction, Talluri beneficially owns 2,295,310 Enovix shares in total. This amount includes 1,674,293 shares issuable upon settlement of RSUs and 95,551 shares of vested performance RSUs (PRSUs), with half of the PRSUs scheduled to be released on March 2, 2026 and the remaining half on March 1, 2027. Each RSU and PRSU represents a right to receive one share of Enovix common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 17,617 | $7.50 | $132K |
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 November 18, 2025. Each RSU represents a contingent right to receive one share of the Issuer's common stock.
- F2. Includes 1,674,293 shares issuable upon the settlement of RSUs granted to the Reporting Person and 95,551 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.