Enovix (NASDAQ: ENVX) CAO withholds 1,116 shares for RSU taxes

Rhea-AI Filing Summary

Enovix Corp Chief Accounting Officer Kristina Truong reported a tax-withholding disposition of 1,116 shares of common stock at $5.92 per share tied to RSU vesting. After this transaction, she holds 191,549 shares, including 139,724 RSUs and 4,978 vested PRSUs with future release 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

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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)
02/13/2026

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	02/13/2026		F		1,116(1)	D	$5.92	191,549(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 139,724 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	02/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

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

Enovix reported that Chief Accounting Officer Kristina Truong had 1,116 common shares withheld to cover taxes from restricted stock unit vesting. The Form 4 lists this as a tax-withholding disposition rather than an open-market buy or sell transaction.

What does the 1,116-share disposition by Enovix’s CAO represent?

The 1,116-share disposition represents shares of Enovix common stock withheld to satisfy tax obligations from RSU vesting. This is coded as an F transaction, meaning payment of exercise price or tax liability by delivering securities, not a discretionary market sale.

How many Enovix (ENVX) shares does Kristina Truong hold after the Form 4 transaction?

After the tax-withholding disposition, Kristina Truong beneficially owns 191,549 Enovix shares. This figure includes 139,724 shares underlying unvested RSUs and 4,978 vested performance RSUs scheduled for release in 2026 and 2027, plus any already-issued common shares.

What RSU and PRSU awards are disclosed for Enovix’s Chief Accounting Officer?

The filing notes 139,724 Enovix shares issuable upon vesting and settlement of RSUs and 4,978 vested performance RSUs. Half of the PRSUs are scheduled for release on March 2, 2026, with the remaining half on March 1, 2027, each representing one common share.

Was the Enovix (ENVX) Form 4 transaction an open-market sale?

No, the transaction was not an open-market sale. It is coded F, indicating shares were withheld to cover tax liabilities related to RSU vesting. This tax-withholding disposition reduces delivered shares to the insider without involving a discretionary trade on the open market.