Enovix CFO has shares withheld for RSU taxes

Enovix Corp’s Chief Financial Officer, Ryan A. Benton, reported a routine tax-related share disposition tied to equity compensation.

Rhea-AI Filing Summary

Enovix Corp’s Chief Financial Officer, Ryan A. Benton, reported a routine tax-related share disposition tied to equity compensation. On the vesting of restricted stock units (RSUs), 10,988 shares of common stock were withheld at $5.85 per share to cover tax withholding obligations.

After this withholding, Benton continues to hold 914,380 shares of Enovix common stock directly, including 827,255 shares issuable upon future vesting and settlement of RSUs that have been granted to him. This filing reflects compensation-related mechanics rather than an open-market stock sale.

Insights

Insider trading and executive compensation analyst

CFO’s Form 4 shows routine RSU tax withholding, not an open-market sale.

The transaction discloses that Enovix CFO Ryan A. Benton had 10,988 shares withheld at $5.85 per share to satisfy tax obligations when his restricted stock units vested. Code F and the footnote confirm this is a tax-withholding disposition, not a voluntary market sale.

Following the withholding, he is shown with 914,380 shares, including 827,255 issuable upon future RSU vesting and settlement. This indicates a substantial ongoing equity interest. Because the event is compensation-driven and not an open-market trade, it is generally viewed as neutral from a signaling standpoint.

Insider Trade Summary

Exercise Price or Tax Liability: 10,988 shares

Exercise Price or Tax Liability 1 txn

Insider Benton Ryan A

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	10,988	$5.85	$64K

Holdings After Transaction: Common Stock — 914,380 shares (Direct)

Footnotes (2)

1. 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").
2. F2. Includes 827,255 shares issuable upon vesting and settlement of RSUs granted to the Reporting Person.

Key Figures

Shares withheld for taxes: 10,988 shares Withholding price per share: $5.85 per share Shares held after transaction: 914,380 shares +1 more

4 metrics

Shares withheld for taxes 10,988 shares Withholding on RSU vesting

Withholding price per share $5.85 per share Value used for tax-withholding shares

Shares held after transaction 914,380 shares Total common stock reported after withholding

RSU-based shares included 827,255 shares Issuable upon future vesting and settlement of RSUs

Key Terms

restricted stock units ("RSUs"), tax withholding obligations, withholding of shares

3 terms

restricted stock units ("RSUs") financial

"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.

tax withholding obligations financial

"to satisfy tax withholding obligations in connection with the vesting"

withholding of shares financial

"Reflects the withholding of shares of the Issuer's common stock"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Enovix (ENVX) CFO Ryan Benton report?

Enovix CFO Ryan Benton reported a tax-withholding disposition of 10,988 common shares at $5.85 per share. The shares were withheld to cover tax obligations arising from the vesting of restricted stock units, rather than being sold in the open market.

Was the Enovix (ENVX) CFO’s Form 4 transaction an open-market stock sale?

No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were withheld by the company to satisfy tax liabilities triggered when restricted stock units vested, a common administrative step in equity compensation programs.

How many Enovix (ENVX) shares were withheld for the CFO’s RSU taxes?

A total of 10,988 Enovix common shares were withheld at $5.85 per share. This was done to satisfy tax withholding obligations associated with the vesting of the CFO’s restricted stock units, as described in the Form 4 footnotes.

How many Enovix (ENVX) shares does the CFO hold after this transaction?

After the tax withholding, the CFO is reported holding 914,380 Enovix common shares. This amount includes 827,255 shares that will be issuable upon the future vesting and settlement of restricted stock units previously granted to him.

What do the Enovix (ENVX) Form 4 footnotes say about the CFO’s RSUs?

The footnotes explain that shares were withheld to cover tax obligations on RSU vesting and that 827,255 additional shares are issuable upon future vesting and settlement of RSUs granted to the CFO, highlighting ongoing equity-based compensation.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/06/2026 - 07:30 PM Learn about SEC filing dates

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^*

Benton Ryan A

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/01/2026		F		10,988(1)	D	$5.85	914,380(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 827,255 shares issuable upon vesting and settlement of RSUs granted to the Reporting Person.

Remarks:

	/s/ Arthi Chakravarthy, Attorney-in-Fact for Ryan Benton	07/06/2026
	** 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.
* Form 4: SEC 1474 (03-26)