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Enovix Corp (ENVX) reports RSU tax withholding for CAO Truong shares

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

Rhea-AI Filing Summary

Enovix Corp Chief Accounting Officer Kristina Truong reported a routine tax-related share withholding. On January 8, 2026, 1,746 shares of common stock were withheld at $7.91 per share to cover taxes due on vested restricted stock units (RSUs).

After this transaction, Truong beneficially owns 194,305 shares of Enovix common stock. This figure includes 144,507 shares issuable upon vesting and settlement of RSUs and 4,978 vested performance RSUs (PRSUs), with half of the PRSUs scheduled for release on March 2, 2026 and the remainder on March 1, 2027.

Positive

  • None.

Negative

  • None.
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*
Truong Kristina

(Last) (First) (Middle)
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 Accounting Officer
3. Date of Earliest Transaction (Month/Day/Year)
01/08/2026
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 01/08/2026 F 1,746(1) D $7.91 194,305(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 144,507 shares issuable upon the vesting and settlement of RSUs granted to the Reporting Person and 4,978 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.
Remarks:
/s/ Arthi Chakravarthy, Attorney-in-Fact for Kristina Truong 01/12/2026
** 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.

FAQ

What insider transaction did Enovix (ENVX) report for Kristina Truong?

The filing shows that Chief Accounting Officer Kristina Truong had 1,746 shares of Enovix common stock withheld on January 8, 2026 to satisfy tax withholding obligations related to the vesting of restricted stock units (RSUs).

How many Enovix (ENVX) shares were involved and at what price?

The transaction involved 1,746 shares of Enovix common stock at a price of $7.91 per share, reflected as shares withheld to cover taxes rather than an open-market sale.

How many Enovix (ENVX) shares does Kristina Truong own after this Form 4 transaction?

Following the reported transaction, Kristina Truong beneficially owns 194,305 shares of Enovix common stock, including shares underlying RSUs and performance RSUs.

What RSU and PRSU awards are included in Kristina Truong’s Enovix holdings?

Her holdings include 144,507 shares issuable upon vesting and settlement of RSUs and 4,978 vested performance RSUs (PRSUs). Each PRSU represents a right to receive one share of Enovix common stock upon settlement.

When will Kristina Truong’s Enovix PRSUs be released?

The filing states that 50% of the 4,978 vested PRSUs will be released on March 2, 2026, and the remaining 50% will be released on March 1, 2027, subject to settlement terms.

Is the reported Enovix (ENVX) transaction an open-market sale by Kristina Truong?

No. The Form 4 explains that the transaction reflects share withholding of Enovix common stock to satisfy tax withholding obligations arising from the vesting of RSUs, not a discretionary open-market sale.

What is Kristina Truong’s role at Enovix (ENVX) according to the filing?

The filing identifies Kristina Truong as an officer of Enovix Corp, serving as the company’s Chief Accounting Officer.

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