Enovix CAO reports RSU grant and tax withholding
Enovix Corp Chief Accounting Officer Kristina Truong reported routine equity compensation activity involving restricted stock units.
Rhea-AI Filing Summary
Enovix Corp Chief Accounting Officer Kristina Truong reported routine equity compensation activity involving restricted stock units. On May 29, 2026 she received 5,718 shares of common stock from a fully vested RSU award, with 3,028 shares withheld at $7.98 per share to cover tax obligations. After these transactions, she directly held 315,622 shares of Enovix common stock, including shares underlying previously granted RSUs and performance RSUs that will be settled in 2027 and 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,718 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 3,028 | $7.98 | $24K |
Footnotes (3)
- F1. Reflects shares of the Issuer's common stock issued to the Reporting Person upon the receipt of a fully vested award of restricted stock units ("RSUs") on May 29, 2026. The RSUs represented the Reporting Person's award bonus earned for the quarter ended April 5, 2026.
- F2. Includes 221,086 shares issuable upon the vesting and settlement of RSUs granted to the Reporting Person, as well as the following vested performance RSUs ("PRSUs"): (i) 2,489 PRSUs, which will be released to the Reporting Person in March 2027, and (ii) an aggregate of 35,278 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.
- F3. Reflects the withholding of shares of the Issuer's common stock to satisfy tax withholding obligations in connection with the receipt of the fully vested award of RSUs on May 29, 2026.
Key Figures
Key Terms
restricted stock units financial
RSUs financial
performance RSUs financial
tax withholding obligations financial
contingent right financial
FAQ
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What insider transactions did Enovix (ENVX) report for Kristina Truong?
Was the Enovix (ENVX) Form 4 a stock sale by Kristina Truong?
What type of equity award did Enovix (ENVX) grant to Kristina Truong?
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