Enovix (ENVX) CAO receives RSU bonus and withholds shares
Enovix Corp (ENVX) reported an insider equity transaction by its Chief Accounting Officer, Kristina Truong.
Rhea-AI Filing Summary
Enovix Corp (ENVX) reported an insider equity transaction by its Chief Accounting Officer, Kristina Truong. On November 21, 2025, she received 3,833 shares of common stock through a fully vested restricted stock unit (RSU) award, serving as her bonus for the quarter ended September 28, 2025. Each RSU converts into one share of Enovix common stock.
To cover tax withholding related to this RSU award, 2,026 shares of common stock were withheld and disposed of at a price of $7.47 per share. After these transactions, Truong beneficially owned 200,309 shares of Enovix common stock, including shares issuable from outstanding RSUs and vested performance RSUs scheduled for release in March 2026 and March 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,833 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,026 | $7.47 | $15K |
Footnotes (4)
- F1. Reflects shares of the Issuer's common stock issued to the Reporting Person upon the receipt of a fully vested award of restricted stock units ("RSUs") on November 21, 2025. These RSUs represent the Reporting Person's award bonus earned for the quarter ended September 28, 2025. Each RSU represents a contingent right to receive one share of Issuer's common stock.
- F2. Includes 159,307 shares issuable upon the vesting and settlement of RSUs granted to the Reporting Person and 4,978 vested performance RSUs ("PRSUs"), of which 50% will be released 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.
- F3. Reflects the withholding of shares of the Issuer's common stock to satisfy tax withholding obligations in connection with the receipt of a fully vested award of RSUs on November 21, 2025.
- F4. Includes 155,474 shares issuable upon the vesting and settlement of RSUs granted to the Reporting Person and 4,978 vested PRSUs.
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