Enovix legal chief has 10,368 shares withheld for taxes
The reported withholdings were connected with tax obligations arising from restricted stock unit vesting.
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Rhea-AI Filing Summary
Enovix Corp Chief Legal Officer Arthi Chakravarthy reported two direct dispositions of common stock on October 1, 2026: 3,336 shares and 7,032 shares, each at $2.7800 per share. The shares were withheld to satisfy tax withholding obligations connected with restricted stock unit vesting. No Rule 10b5-1 plan is reported.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1, F2 | 3,336 | $2.78 | $9K |
| Tax Withholding | Common Stock F1, F3 | 7,032 | $2.78 | $20K |
Footnotes (3)
- 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").
- F2. Includes 335,135 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.
- F3. Includes 321,855 shares issuable upon the vesting and settlement of RSUs granted to the Reporting Person, as well as the Earned PRSUs.
Key Figures
Key Terms
restricted stock units financial
performance restricted stock units financial
tax withholding obligations financial
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