Enovix legal chief has shares withheld for taxes

Associated ownership details state that 10,393 vested PRSUs will be released in March 2027; 50% of 58,500 PRSUs will be released in April 2027 and the remainder in April 2028.

Rhea-AI Filing Summary

Enovix Corp (ENVX) reported that Chief Legal Officer Arthi Chakravarthy had two direct common-stock withholding transactions on October 8, 2026: 936 shares and 3,359 shares were withheld to satisfy tax obligations tied to restricted stock unit vesting. The reported price was $2.50 per share in each transaction. Both entries concern direct holdings.

Insider Trade Summary

Tax Withholding: 4,295 shares

Tax Withholding 2 txns

Insider Chakravarthy Arthi

Role Chief Legal Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock F1, F2	936	$2.50	$2K
Tax Withholding	Common Stock F1, F3	3,359	$2.50	$8K

Holdings After Transaction: Common Stock — 572,219 shares (Direct)

Footnotes (3)

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 320,088 shares issuable upon the vesting and settlement of RSUs granted to the Reporting Person, as well as: (i) 10,393 vested performance restricted stock units ("PRSUs"), which will be released to the Reporting Person in March 2027, and (ii) an aggregate of 58,500 PRSUs, 50% of which will be released in April 2027, with the remainder to be released in April 2028 (the foregoing PRSUs collectively referred to as the "Earned PRSUs"). Each PRSU represents a contingent right to receive one share of the Issuer's common stock upon settlement.
3. F3. Includes 313,745 shares issuable upon the vesting and settlement of RSUs granted to the Reporting Person, as well as the Earned PRSUs.

Key Figures

Shares withheld in first transaction: 936 shares Shares withheld in second transaction: 3,359 shares Reported price per share: $2.50 per share +4 more

7 metrics

Shares withheld in first transaction 936 shares October 8, 2026

Shares withheld in second transaction 3,359 shares October 8, 2026

Reported price per share $2.50 per share Both October 8, 2026 transactions

RSU shares issuable 320,088 shares Associated ownership detail states these shares are issuable upon vesting and settlement of RSUs

RSU shares issuable 313,745 shares Associated ownership detail states these shares are issuable upon vesting and settlement of RSUs

Vested performance restricted stock units 10,393 units Will be released in March 2027

Aggregate performance restricted stock units 58,500 units 50% will be released in April 2027 and the remainder in April 2028

Key Terms

restricted stock units, performance restricted stock units, tax withholding obligations

3 terms

restricted stock units financial

"vesting of restricted stock units ("RSUs")"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

performance restricted stock units financial

"vested performance restricted stock units ("PRSUs")"

Performance restricted stock units (PRSUs) are promises to deliver company shares to employees or executives only if the business meets specific performance targets and any time-based holding rules. Think of them as a bonus that converts into stock only after set goals are reached, so investors watch PRSUs for two reasons: they can dilute existing shares if paid out, and they signal how closely management’s pay is tied to company performance.

tax withholding obligations financial

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

FAQ

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

How many ENVX shares did Arthi Chakravarthy have withheld?

Arthi Chakravarthy had 936 shares and 3,359 shares of Enovix common stock withheld on October 8, 2026, at a reported price of $2.50 per share for each transaction. The withholding satisfied tax obligations connected with restricted stock unit vesting.

When will Arthi Chakravarthy’s ENVX performance restricted stock units be released?

10,393 vested performance restricted stock units will be released in March 2027. Of the aggregate 58,500 performance restricted stock units, 50% will be released in April 2027 and the remainder in April 2028.

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

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Available on EDGAR 10/13/2026 - 07:00 PM EDT Accepted by SEC EDGAR 10/13/2026 - 07:00 PM EDT 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^*

Chakravarthy Arthi

(Last) (First) (Middle)

C/O ENOVIX CORPORATION

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 Legal Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/08/2026

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	10/08/2026		F		936(1)	D	$2.5	575,578(2)	D
Common Stock	10/08/2026		F		3,359(1)	D	$2.5	572,219(3)	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 320,088 shares issuable upon the vesting and settlement of RSUs granted to the Reporting Person, as well as: (i) 10,393 vested performance restricted stock units ("PRSUs"), which will be released to the Reporting Person in March 2027, and (ii) an aggregate of 58,500 PRSUs, 50% of which will be released in April 2027, with the remainder to be released in April 2028 (the foregoing PRSUs collectively referred to as the "Earned PRSUs"). Each PRSU represents a contingent right to receive one share of the Issuer's common stock upon settlement.

3. Includes 313,745 shares issuable upon the vesting and settlement of RSUs granted to the Reporting Person, as well as the Earned PRSUs.

Remarks:

	/s/ Arthi Chakravarthy	10/13/2026
	** 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)