Enovix director granted 29,104 restricted shares
Enovix Corp director Joseph Ian Malchow reported an equity grant of 29,104 shares of common stock at no cost, classified as a grant/award acquisition.
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Rhea-AI Filing Summary
Enovix Corp director Joseph Ian Malchow reported an equity grant of 29,104 shares of common stock at no cost, classified as a grant/award acquisition. Following this award, his directly held common stock position is 467,367 shares.
Footnotes explain these are shares issuable upon settlement of restricted stock units, each equal to one Enovix common share. The RSUs vest in four 25% installments on September 11, 2026, December 11, 2026, March 11, 2027 and June 11, 2027 (or the 2027 annual meeting reference date), subject to continued service. The filing also notes 1,300 shares held indirectly for a minor child.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 29,104 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (4)
- F1. Reflects shares issuable on the settlement of restricted stock units ("RSUs") granted to the Reporting Person. Each RSU represents a contingent right to receive one share of the Issuer's common stock. 25% of the RSUs will vest on each of September 11, 2026, December 11, 2026, March 11, 2027 and the earlier of (i) June 11, 2027; or (ii) the date of the Issuer's 2027 annual meeting of stockholders (or the date immediately preceding such date if the Reporting Person's service as a director ends at such meeting due to the director's failure to be re-elected or not standing for re-election), subject to the Reporting Person's continuous service through each applicable vesting date.
- F2. Includes 30,766 shares issuable upon the settlement of RSUs granted to the Reporting Person.
- F3. Shares held by Reporting Person and spouse JTWROS.
- F4. Shares held by minor child.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
contingent right financial
vest financial
settlement of RSUs financial
JTWROS financial
FAQ
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What did Enovix (ENVX) director Joseph Ian Malchow report in this Form 4?
What is the vesting schedule for Malchow’s Enovix restricted stock units?
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