Enovix (ENVX) CFO receives 249,003 RSUs, now holds 1,002,693 shares

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.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Benton Ryan A

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	249,003	$0.00	--

Holdings After Transaction: Common Stock — 1,002,693 shares (Direct)

Footnotes (1)

1. 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. Includes 997,755 shares issuable upon vesting and settlement of RSUs granted to the Reporting Person.

Key Figures

RSU grant size: 249,003 shares Grant price per share: $0.00 per share Total shares after grant: 1,002,693 shares +2 more

5 metrics

RSU grant size 249,003 shares Restricted stock units granted on April 1, 2026

Grant price per share $0.00 per share Stated transaction price for RSU award

Total shares after grant 1,002,693 shares CFO’s reported holdings following the transaction

Unvested RSU shares 997,755 shares Shares issuable upon vesting and settlement of RSUs

Vesting schedule 12 equal quarterly installments Measured from April 1, 2026 vesting commencement date

Key Terms

restricted stock units ("RSUs"), vesting commencement date, continuous service, settlement of RSUs

4 terms

restricted stock units ("RSUs") financial

"Reflects shares issuable upon the settlement of restricted stock units ("RSUs") granted to the Reporting Person."

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

vesting commencement date financial

"The RSUs will vest in 12 equal quarterly installments measured from April 1, 2026, the vesting commencement date,"

The vesting commencement date is the starting point when an employee begins earning ownership rights to their promised benefits, such as stock options or retirement contributions. Think of it like the day a savings account is opened—only after this date do the benefits start to grow and become fully available over time. It matters to investors because it marks when the clock begins ticking toward full ownership, affecting the timing and value of these benefits.

continuous service financial

"subject to the Reporting Person's continuous service through each applicable vesting date."

settlement of RSUs financial

"Includes 997,755 shares issuable upon vesting and settlement of RSUs granted to the Reporting Person."

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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^*

Benton Ryan A

(Last) (First) (Middle)

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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/01/2026		A		249,003(1)	A	$0	1,002,693(2)	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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.

2. Includes 997,755 shares issuable upon vesting and settlement of RSUs granted to the Reporting Person.

Remarks:

	/s/ Arthi Chakravarthy, Attorney-in-Fact for Ryan Benton	04/07/2026
	** Signature of Reporting Person	Date
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)

FAQ

What did Enovix (ENVX) CFO Ryan Benton report in this Form 4 filing?

Enovix CFO Ryan A. Benton reported receiving 249,003 restricted stock units as a stock-based compensation grant. These RSUs convert into common shares over time, increasing his equity-based incentive alignment with the company’s long-term performance and shareholder value.

How many Enovix (ENVX) shares does the CFO hold after this RSU grant?

After the RSU grant, CFO Ryan Benton is reported as holding 1,002,693 Enovix common shares. This total includes 997,755 shares that are issuable upon the vesting and settlement of RSUs previously granted to him but not yet fully vested.

How do the new Enovix (ENVX) RSUs granted to the CFO vest over time?

The 249,003 Enovix RSUs granted to the CFO vest in 12 equal quarterly installments. Vesting starts from April 1, 2026, and each installment requires his continuous service with the company through the respective quarterly vesting date.

Is the Enovix (ENVX) CFO’s Form 4 transaction an open-market stock purchase or sale?

No, the Form 4 for Enovix’s CFO does not show an open-market trade. It reports a compensation-related acquisition coded as a grant (transaction code A), with shares received via restricted stock units at a stated price of $0.00 per share.

What are restricted stock units (RSUs) in the context of Enovix (ENVX) CFO’s award?

For Enovix, the CFO’s RSUs represent contingent rights to receive one share of common stock per unit. They only convert into actual shares when specific vesting conditions are met, tying his realized equity compensation to ongoing service and the passage of time.