ENVX CFO has 79,725 shares withheld for taxes
Enovix Corp Chief Financial Officer Ryan A. Benton reported an automatic share disposition tied to taxes, not an open-market sale.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Enovix Corp Chief Financial Officer Ryan A. Benton reported an automatic share disposition tied to taxes, not an open-market sale. On the vesting of restricted stock units (RSUs), 79,725 shares of common stock were withheld at $6.36 per share to satisfy tax withholding obligations.
Following this tax-withholding disposition, Benton directly holds 922,968 shares of Enovix common stock. His position also includes 848,005 additional shares issuable upon future vesting and settlement of RSUs granted to him.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 79,725 | $6.36 | $507K |
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").
- F2. Includes 848,005 shares issuable upon vesting and settlement of RSUs granted to the Reporting Person.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
tax withholding obligations financial
vesting and settlement financial
FAQ
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What insider transaction did Enovix (ENVX) disclose for CFO Ryan A. Benton?
Is the Enovix (ENVX) CFO’s Form 4 transaction a strong bullish or bearish signal?
AI-generated analysis. How Rhea-AI works. Not financial advice.