Enovix CFO granted 249,003 RSUs in stock award
Benton Ryan A reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Benton Ryan A reported acquisition or exercise transactions in this Form 4 filing.
Enovix Corp Chief Financial Officer Ryan A. Benton received a stock-based compensation award of 249,003 shares of common stock on April 1, 2026, in the form of restricted stock units (RSUs). The award was granted at no cash cost per share and is structured to vest in 12 equal quarterly installments starting from April 1, 2026, as long as he remains in continuous service through each vesting date.
Following this grant, Benton holds 1,002,693 shares of Enovix common stock, which includes 997,755 shares issuable upon future vesting and settlement of previously granted RSUs. This filing reflects a compensation-related equity grant rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 249,003 | $0.00 | $0.00 |
Footnotes (2)
- F1. Reflects shares issuable upon 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. The RSUs will vest in 12 equal quarterly installments measured from April 1, 2026, the vesting commencement date, subject to the Reporting Person's continuous service through each applicable vesting date.
- F2. Includes 997,755 shares issuable upon vesting and settlement of RSUs granted to the Reporting Person.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
vesting commencement date financial
continuous service financial
settlement of RSUs financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Enovix (ENVX) CFO Ryan Benton report in this Form 4 filing?
How do the new Enovix (ENVX) RSUs granted to the CFO vest over time?
Is the Enovix (ENVX) CFO’s Form 4 transaction an open-market stock purchase or sale?
What are restricted stock units (RSUs) in the context of Enovix (ENVX) CFO’s award?
AI-generated analysis. How Rhea-AI works. Not financial advice.