Enovix CEO reports tax-withholding share disposition
Enovix Corp President and CEO Rajendra K. Talluri reported a Form 4 transaction involving company common stock.
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Rhea-AI Filing Summary
Enovix Corp President and CEO Rajendra K. Talluri reported a Form 4 transaction involving company common stock. On 2026-08-08, 4,300 shares of common stock were disposed of at $4.70 per share to satisfy tax withholding obligations arising from the vesting of restricted stock units. This was recorded as a payment of tax liability by delivering or withholding securities, not as an open-market sale. Following this transaction, Talluri directly held 2,958,373 shares of common stock, which includes 1,793,619 shares issuable upon vesting and settlement of RSUs, 47,775 vested PRSUs scheduled for release in March 2027, and an additional 259,611 PRSUs scheduled for releases in April 2027 and April 2028.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1, F2 | 4,300 | $4.70 | $20K |
Footnotes (2)
- 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 1,793,619 shares issuable upon the vesting and settlement of RSUs granted to the Reporting Person, as well as: (i) 47,775 vested performance restricted stock units ("PRSUs"), which will be released to the Reporting Person in March 2027, and (ii) an aggregate of 259,611 PRSUs, 50% of which will be released in April 2027, with the remainder to be released in April 2028 . Each PRSU represents a contingent right to receive one share of the Issuer's common stock upon settlement.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
performance restricted stock units ("PRSUs") financial
tax withholding obligations financial
contingent right financial
FAQ
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What did Enovix (ENVX) CEO Rajendra Talluri report on this Form 4?
What equity awards are included in the Enovix (ENVX) CEO’s reported holdings?
Was the Enovix (ENVX) CEO’s Form 4 transaction an open-market sale?
Does this Enovix (ENVX) Form 4 involve any derivative securities?
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