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ENVX Form 4: CEO Raj Talluri gifts shares, keeps major holding

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Form Type
4

Rhea-AI Filing Summary

Enovix Corporation (ENVX) reported an insider stock transaction by its President, CEO and Director, Raj Talluri. On November 20, 2025, he donated 925 shares of Enovix common stock to two charitable organizations at a reported price of $0, reflecting a gift rather than a sale. After this donation, he beneficially owned 2,294,385 shares of Enovix common stock. This total includes 1,674,293 shares issuable upon settlement of restricted stock units (RSUs) and 95,551 vested performance RSUs. For the performance RSUs, 50% are scheduled to be released on March 2, 2026 and the remaining 50% on March 1, 2027, with each PRSU representing the right to receive one share upon settlement.

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Insider Talluri Rajendra K
Role President and CEO
Type Security Shares Price Value
Gift Common Stock 925 $0.00 --
Holdings After Transaction: Common Stock — 2,294,385 shares (Direct)
Footnotes (1)
  1. On November 20, 2025, the Reporting Person donated an aggregate of 925 shares of the Issuer's common stock (the "Common Stock") to two charitable organizations. Includes 1,674,293 shares issuable upon the settlement of RSUs granted to the Reporting Person and 95,551 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.
Form 4 Insider Transactions: What Each Field Means →
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*
Talluri Rajendra K
(Last) (First) (Middle)
C/O ENOVIX CORPORATION
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)
X Director 10% Owner
X Officer (give title below) Other (specify below)
President and CEO
3. Date of Earliest Transaction (Month/Day/Year)
11/20/2025
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 11/20/2025 G 925(1) D $0 2,294,385(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. On November 20, 2025, the Reporting Person donated an aggregate of 925 shares of the Issuer's common stock (the "Common Stock") to two charitable organizations.
2. Includes 1,674,293 shares issuable upon the settlement of RSUs granted to the Reporting Person and 95,551 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 Raj Talluri 11/24/2025
** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Enovix (ENVX) report in this Form 4?

The filing reports that President, CEO and Director Raj Talluri donated 925 shares of Enovix common stock to two charitable organizations on November 20, 2025.

How many Enovix (ENVX) shares does Raj Talluri beneficially own after the transaction?

Following the reported donation, Raj Talluri beneficially owns 2,294,385 shares of Enovix common stock.

What portion of Raj Talluri’s Enovix (ENVX) holdings are RSUs and PRSUs?

His holdings include 1,674,293 shares issuable upon settlement of RSUs and 95,551 vested performance RSUs (PRSUs), each PRSU representing a right to receive one share upon settlement.

When will Raj Talluri’s Enovix (ENVX) performance RSUs be released?

Of the vested PRSUs, 50% are scheduled to be released on March 2, 2026 and the remaining 50% on March 1, 2027.

What role does the reporting person hold at Enovix (ENVX)?

The reporting person, Raj Talluri, is identified as a Director and as an Officer, serving as President and CEO of Enovix Corporation.

Was this Enovix (ENVX) Form 4 filed for one or multiple reporting persons?

The document indicates that the Form 4 was filed by one reporting person, not by a group.