STOCK TITAN

[Form 4] Enovix Corp Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4

Enovix Corp insider Arthi Chakravarthy, the company's Chief Legal Officer, reported a transaction on 10/01/2025 tied to the vesting of restricted stock units. A total of 3,331 shares of Enovix common stock were surrendered to satisfy tax withholding at an effective price of $11.11 per share. After that withholding, the reporting person is shown as beneficially owning 431,472 shares in total.

The reported beneficial ownership includes 321,539 shares that remain issuable upon settlement of outstanding RSUs, indicating a sizeable portion of the holding is tied to unvested equity awards rather than fully issued shares.

Il dirigente di Enovix Corp Arthi Chakravarthy, la Direttice Legale dell'azienda, ha riportato una transazione il 10/01/2025 legata al vesting delle RSU vincolate. Un totale di 3,331 azioni ordinarie di Enovix sono state restituite per soddisfare la ritenuta fiscale al prezzo effettivo di $11.11 per azione. Dopo tale ritenuta, la persona segnalata viene indicata come detentrice beneficiaria di 431,472 azioni in totale.

La proprietà beneficiaria riportata include 321,539 azioni che rimangono emesse al regolamento delle RSU in sospeso, indicando una porzione significativa della partecipazione è legata a premi azionari non ancora vestiti anziché azioni completamente emesse.

Un directivo de Enovix Corp, Arthi Chakravarthy, la Directora Legal de la empresa, reportó una transacción el 01/10/2025 vinculada al vesting de unidades de acciones restringidas. Un total de 3,331 acciones ordinarias de Enovix fueron entregadas para satisfacer la retención de impuestos a un precio efectivo de $11.11 por acción. Después de esa retención, la persona reportada aparece como propietaria beneficiosa de 431,472 acciones en total.

La propiedad beneficiosa reportada incluye 321,539 acciones que permanecen emitibles al momento de liquidar RSUs pendientes, lo que indica que una porción significativa de la participación está ligada a incentivos de acciones no vestidas en lugar de acciones emitidas por completo.

Enovix Corp의 내부자 Arthi Chakravarthy는 회사의 최고법무책임자로서 2025-10-01에 제한 주식 단위(RSU) vesting과 관련된 거래를 보고했습니다. 총 3,331주)의 Enovix 보통주가 세금 원천징수를 충당하기 위해 포기되었고, 주당 실효가격은 $11.11입니다. 이 원천징수 후 보고자는 총 431,472주를 유익하게 보유하는 것으로 나타났습니다.

보고된 유익 보유에는 미정산 RSU가 아직 발행될 수 있는 321,539주가 포함되어 있어, 보유의 상당 부분이 아직 vesting되지 않은 주식 보상과 관련되어 있음을 시사합니다.

Un dirigeant d'Enovix Corp, Arthi Chakravarthy, la Directrice juridique de l'entreprise, a rapporté une transaction le 01/10/2025 liée au vesting des unités d’actions restreintes (RSU). Un total de 3 331 actions ordinaires d'Enovix ont été données pour satisfaire à la retenue d'impôt à un prix effectif de $11,11 par action. Après cette retenue, la personne déclarée est indiquée comme détenant effectivement 431 472 actions au total.

La propriété bénéficiaire déclarée comprend 321 539 actions qui restent émettrables lors du règlement des RSU en cours, ce qui indique qu'une partie importante de la participation est liée à des attributions d'actions non encore vesties plutôt qu'à des actions entièrement émises.

Insider von Enovix Corp Arthi Chakravarthy, die Chief Legal Officer des Unternehmens, meldete eine Transaktion am 10/01/2025, die mit dem Vesting von Restricted Stock Units verbunden war. Insgesamt wurden 3.331 Enovix-Stammaktien zur Deckung der Steuerabzüge zu einem effektiven Preis von $11.11 pro Aktie abgegeben. Nach diesem Abzug wird die meldende Person insgesamt als berechtigter Eigentümer von 431.472 Aktien ausgewiesen.

Der gemeldete berechtigte Eigentumsanteil umfasst 321.539 Aktien, die bei der Abwicklung ausstehender RSUs noch ausgegeben werden können, was darauf hindeutet, dass ein erheblicher Teil des Bestands mit unvesteten Aktienvergütungen verbunden ist, statt vollständig ausgegebener Aktien.

المطلِع من Enovix Corp أرثي تشكرافارثي، الرئيسة القانونية التنفيذية للشركة، أبلغت عن صفقة في 10/01/2025 مرتبطة بواقع vesting وحدات الأسهم المقيدة (RSUs). إجمالي 3,331 سهماً من أسهم Enovix العادية تم التخلي عنها لتلبية حجز الضرائب بسعر فعال قدره $11.11 للسهم الواحد. وبعد هذا الحجز، يظهر الشخص المفصح عنه كمالك ذي منفعة بإجمالي 431,472 سهماً. تشمل الملكية المفيدة المُبلغ عنها 321,539 سهماً ما زالت قابلة للإصداره عند تسوية RSUs المعلقة، ما يشير إلى أن جزءاً كبيراً من الحيازة مرتبط بمكافآت أسهم غير vesting وليس الأسهم المُصدرة بالكامل.

Enovix Corp 的内部人士 Arthi Chakravarthy,该公司的 首席法务官,报告了一笔与受限股票单位(RSU)归属相关的交易,日期为 2025-10-01。总共 3,331 股 Enovix 普通股被放弃以满足税款代扣,实际价格为每股 $11.11。在扣税之后,报告人被显示为合计拥有 431,472 股的受益所有权。

所报告的受益所有权包括仍可在结算未到期的 RSU 的 321,539 股,表明持股的相当部分与尚未归属的股权奖励相关,而非已发行的全部股票。

Positive
  • Continued substantial beneficial ownership of 431,472 shares, indicating alignment with shareholder interests
  • 321,539 shares are tied to RSUs, showing ongoing equity-based retention incentives
Negative
  • 3,331 shares were surrendered for tax withholding, resulting in a reduction of immediately owned shares
  • Large portion of ownership is unissued RSUs, so actual liquid shareholding is lower than the headline number

Insights

Insider tax-withholding sale after RSU vesting; substantial remaining exposure.

The report shows 3,331 shares were disposed of via withholding to satisfy taxes on RSU vesting, recorded with a transaction code indicating a withholding disposition. This is a routine executive tax-related sale rather than an open-market sale.

The reporting person's total beneficial position of 431,472 shares includes 321,539 RSU-settled shares, so a large portion remains tied to future settlement of equity awards, maintaining continued alignment with the company.

Most disclosed holdings are unissued RSUs; exercise/settlement risk and timing matter.

The filing explicitly states that 321,539 shares are issuable upon settlement of RSUs, meaning the reported beneficial ownership count includes contingent awards rather than only outstanding shares. For investors, this clarifies that apparent ownership depends on future RSU settlement events.

The transaction price of $11.11 reflects the tax-withholding mechanics and not an open-market disposition price; the filing does not disclose any open-market sell orders or 10b5-1 plan.

Il dirigente di Enovix Corp Arthi Chakravarthy, la Direttice Legale dell'azienda, ha riportato una transazione il 10/01/2025 legata al vesting delle RSU vincolate. Un totale di 3,331 azioni ordinarie di Enovix sono state restituite per soddisfare la ritenuta fiscale al prezzo effettivo di $11.11 per azione. Dopo tale ritenuta, la persona segnalata viene indicata come detentrice beneficiaria di 431,472 azioni in totale.

La proprietà beneficiaria riportata include 321,539 azioni che rimangono emesse al regolamento delle RSU in sospeso, indicando una porzione significativa della partecipazione è legata a premi azionari non ancora vestiti anziché azioni completamente emesse.

Un directivo de Enovix Corp, Arthi Chakravarthy, la Directora Legal de la empresa, reportó una transacción el 01/10/2025 vinculada al vesting de unidades de acciones restringidas. Un total de 3,331 acciones ordinarias de Enovix fueron entregadas para satisfacer la retención de impuestos a un precio efectivo de $11.11 por acción. Después de esa retención, la persona reportada aparece como propietaria beneficiosa de 431,472 acciones en total.

La propiedad beneficiosa reportada incluye 321,539 acciones que permanecen emitibles al momento de liquidar RSUs pendientes, lo que indica que una porción significativa de la participación está ligada a incentivos de acciones no vestidas en lugar de acciones emitidas por completo.

Enovix Corp의 내부자 Arthi Chakravarthy는 회사의 최고법무책임자로서 2025-10-01에 제한 주식 단위(RSU) vesting과 관련된 거래를 보고했습니다. 총 3,331주)의 Enovix 보통주가 세금 원천징수를 충당하기 위해 포기되었고, 주당 실효가격은 $11.11입니다. 이 원천징수 후 보고자는 총 431,472주를 유익하게 보유하는 것으로 나타났습니다.

보고된 유익 보유에는 미정산 RSU가 아직 발행될 수 있는 321,539주가 포함되어 있어, 보유의 상당 부분이 아직 vesting되지 않은 주식 보상과 관련되어 있음을 시사합니다.

Un dirigeant d'Enovix Corp, Arthi Chakravarthy, la Directrice juridique de l'entreprise, a rapporté une transaction le 01/10/2025 liée au vesting des unités d’actions restreintes (RSU). Un total de 3 331 actions ordinaires d'Enovix ont été données pour satisfaire à la retenue d'impôt à un prix effectif de $11,11 par action. Après cette retenue, la personne déclarée est indiquée comme détenant effectivement 431 472 actions au total.

La propriété bénéficiaire déclarée comprend 321 539 actions qui restent émettrables lors du règlement des RSU en cours, ce qui indique qu'une partie importante de la participation est liée à des attributions d'actions non encore vesties plutôt qu'à des actions entièrement émises.

Insider von Enovix Corp Arthi Chakravarthy, die Chief Legal Officer des Unternehmens, meldete eine Transaktion am 10/01/2025, die mit dem Vesting von Restricted Stock Units verbunden war. Insgesamt wurden 3.331 Enovix-Stammaktien zur Deckung der Steuerabzüge zu einem effektiven Preis von $11.11 pro Aktie abgegeben. Nach diesem Abzug wird die meldende Person insgesamt als berechtigter Eigentümer von 431.472 Aktien ausgewiesen.

Der gemeldete berechtigte Eigentumsanteil umfasst 321.539 Aktien, die bei der Abwicklung ausstehender RSUs noch ausgegeben werden können, was darauf hindeutet, dass ein erheblicher Teil des Bestands mit unvesteten Aktienvergütungen verbunden ist, statt vollständig ausgegebener Aktien.

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*
Chakravarthy Arthi

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Legal Officer
3. Date of Earliest Transaction (Month/Day/Year)
10/01/2025
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 10/01/2025 F 3,331(1) D $11.11 431,472(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") on October 1, 2025. Each RSU represents a contingent right to receive one share of the Issuer's common stock.
2. Includes 321,539 shares issuable upon the settlement of RSUs granted to the Reporting Person.
Remarks:
/s/ Arthi Chakravarthy 10/03/2025
** 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.

FAQ

What transaction did Enovix (ENVX) insider Arthi Chakravarthy report?

The reporting person disclosed the withholding of 3,331 shares to satisfy tax obligations related to RSU vesting; the transaction date was 10/01/2025.

How many Enovix shares does Arthi Chakravarthy beneficially own after the transaction?

The Form 4 shows beneficial ownership of 431,472 shares following the reported transaction.

How many of the reported shares are issuable upon settlement of RSUs?

The filing states that 321,539 shares are issuable upon settlement of restricted stock units granted to the reporting person.

What price is shown for the withheld shares on the Form 4?

The withheld shares are reported with a price of $11.11 per share.

Was the disposition an open-market sale or a withholding for taxes?

The filing explains the 3,331 shares were withheld to satisfy tax withholding obligations in connection with RSU vesting, not an open-market sale.
Enovix Corporation

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