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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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Form Type
4

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 Chakravarthy Arthi
Role Chief Legal Officer
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
Holdings After Transaction: Common Stock — 576,514 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 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.
  3. F3. Includes 321,855 shares issuable upon the vesting and settlement of RSUs granted to the Reporting Person, as well as the Earned PRSUs.
Shares withheld 3,336 shares Tax withholding connected with restricted stock unit vesting on October 1, 2026
Shares withheld 7,032 shares Tax withholding connected with restricted stock unit vesting on October 1, 2026
Price per share $2.7800 per share Applied to both reported transactions
Shares withheld in reported transactions 10,368 shares Combined count for the two tax-withholding transactions
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"

FAQ

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How many ENVX shares were withheld from Arthi Chakravarthy?

On October 1, 2026, Chief Legal Officer Arthi Chakravarthy had 3,336 shares and 7,032 shares withheld in two transactions, each at $2.7800 per share, to satisfy tax withholding obligations tied to restricted stock unit vesting.

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

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Legal Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock10/01/2026F3,336(1)D$2.78583,546(2)D
Common Stock10/01/2026F7,032(1)D$2.78576,514(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 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.
3. Includes 321,855 shares issuable upon the vesting and settlement of RSUs granted to the Reporting Person, as well as the Earned PRSUs.
Remarks:
/s/ Arthi Chakravarthy10/05/2026
** Signature of Reporting PersonDate
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)

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