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Enovix Corp (ENVX) CAO details 1,268-share tax withholding

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Enovix Corp Chief Accounting Officer Kristina Truong reported two F-code transactions in Enovix common stock. A total of 1,268 shares were withheld on July 10 and 13, 2026 to cover tax obligations upon vesting of restricted stock units, leaving her with 304,149 shares held directly.

Her direct position includes shares issuable from restricted stock units and vested performance RSUs, including 2,489 PRSUs to be released in March 2027 and 35,278 PRSUs to be released in April 2027 and April 2028.

Positive

  • None.

Negative

  • None.
Insider Truong Kristina
Role Chief Accounting Officer
Type Security Shares Price Value
Tax Withholding Common Stock 1,015 $4.95 $5K
Tax Withholding Common Stock 253 $5.20 $1K
Holdings After Transaction: Common Stock — 304,149 shares (Direct)
Footnotes (1)
  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"). Includes 201,422 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. Includes 199,506 shares issuable upon the vesting and settlement of RSUs granted to the Reporting Person, as well as the Earned PRSUs.
Shares withheld for taxes 1,268 shares Total F-code tax-withholding dispositions on July 10 and 13, 2026
Shares withheld on 2026-07-13 1,015 shares at $4.95 Common stock withheld to satisfy tax obligations upon RSU vesting
Shares withheld on 2026-07-10 253 shares at $5.20 Common stock withheld to satisfy tax obligations upon RSU vesting
Direct holdings after transactions 304,149 shares Enovix common stock reported as directly owned following July 13, 2026 transaction
Earned PRSUs releasing March 2027 2,489 PRSUs Vested performance RSUs to be released to the reporting person in March 2027
Earned PRSUs releasing April 2027-2028 35,278 PRSUs Aggregate PRSUs, half to be released April 2027 and half April 2028
RSUs included in holdings (footnote F2) 201,422 RSUs Shares issuable upon vesting and settlement of RSUs referenced in footnote F2
RSUs included in holdings (footnote F3) 199,506 RSUs Shares issuable upon vesting and settlement of RSUs referenced in footnote F3
restricted stock units ("RSUs") financial
"Reflects the withholding of shares ... 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 RSUs ("PRSUs") financial
"Includes ... RSUs ... as well as the following vested performance RSUs ("PRSUs")."
vesting and settlement financial
"Includes 201,422 shares issuable upon the vesting and settlement of RSUs granted"
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Form 4 Insider Transactions: What Each Field Means →

FAQ

What transactions did Enovix (ENVX) CAO Kristina Truong report?
She reported two F-code tax-withholding dispositions totaling 1,268 Enovix shares. On July 10 and 13, 2026, 253 shares at $5.20 and 1,015 shares at $4.95 were withheld to satisfy tax obligations related to vesting restricted stock units.

Were the Enovix (ENVX) insider transactions open-market stock sales?
No, they were F-code tax-withholding dispositions, not open-market sales. Shares were delivered to cover exercise price or tax liabilities arising from the vesting of restricted stock units, as described in the footnote explaining the RSU-related withholding of Enovix common stock.

How many Enovix (ENVX) shares does Kristina Truong hold after these trades?
After these transactions she reported holding 304,149 Enovix common shares directly. Footnotes explain this direct position includes shares issuable upon vesting and settlement of previously granted restricted stock units and vested performance RSUs with releases scheduled between March 2027 and April 2028.

What RSUs and PRSUs are associated with Enovix (ENVX) CAO Kristina Truong?
Footnotes state that her holdings include both RSUs and Earned PRSUs. The Earned PRSUs include 2,489 PRSUs to be released in March 2027 and 35,278 PRSUs, half releasing in April 2027 and the remaining half in April 2028, each for one Enovix share.

How significant are the Enovix (ENVX) tax-withholding transactions relative to her holdings?
The reported 1,268 withheld shares compare with 304,149 shares held directly after the transactions. This shows the dispositions relate to equity compensation vesting, while she continues to hold a much larger position through common shares, RSUs and performance RSUs.
SEC Form 4
FORM 4UNITED 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*
Truong Kristina
(Last)(First)(Middle)
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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Accounting Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/10/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock07/10/2026F253(1)D$5.2305,164(2)D
Common Stock07/13/2026F1,015(1)D$4.95304,149(3)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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 201,422 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.
3. Includes 199,506 shares issuable upon the vesting and settlement of RSUs granted to the Reporting Person, as well as the Earned PRSUs.
Remarks:
/s/ Arthi Chakravarthy, Attorney-in-Fact for Kristina Truong07/14/2026
** Signature of Reporting PersonDate
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)

Source: View Original Filing on SEC EDGAR