Enovix (ENVX) exec left with 302,881 shares after RSU tax move
Rhea-AI Filing Summary
Enovix Corp officer Kristina Truong reported a Form 4 transaction involving company common stock. On 2026-08-13, 1,015 shares of common stock were disposed of at $4.43 per share to satisfy tax withholding obligations arising from the vesting of restricted stock units (RSUs); this was not an open-market sale. Following this tax-withholding disposition, Truong directly holds 302,881 shares of common stock, which includes 197,114 shares issuable upon future vesting and settlement of RSUs and vested performance RSUs (PRSUs), consisting of 2,489 PRSUs scheduled for release in March 2027 and an aggregate of 35,278 PRSUs, half to be released in April 2027 and the remainder in April 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1, F2 | 1,015 | $4.43 | $4K |
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 197,114 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. Each PRSU represents a contingent right to receive one share of the Issuer's common stock upon settlement.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
performance RSUs ("PRSUs") financial
tax withholding obligations financial
vesting and settlement financial
FAQ
What transaction did Enovix (ENVX) officer Kristina Truong report on this Form 4?
What RSU and PRSU awards are included in Kristina Truong’s Enovix (ENVX) holdings?
Was Kristina Truong’s Enovix (ENVX) Form 4 transaction under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.