Enovix CAO Form 4 shows RSU tax withholding
Enovix Corp’s Chief Accounting Officer, Kristina Truong, reported a routine tax-related share withholding on a Form 4.
Rhea-AI Filing Summary
Enovix Corp’s Chief Accounting Officer, Kristina Truong, reported a routine tax-related share withholding on a Form 4. On January 10, 2026, 282 shares of Enovix common stock were withheld at $7.92 per share to cover tax obligations arising from the vesting of restricted stock units (RSUs).
After this transaction, Truong beneficially owned 194,023 shares, which includes 144,031 shares issuable upon future vesting and settlement of RSUs and 4,978 vested performance RSUs (PRSUs). According to the disclosure, 50% of these PRSUs are scheduled to be released on March 2, 2026, with the remaining 50% scheduled for release on March 1, 2027, with each PRSU convertible into one share upon settlement.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 282 | $7.92 | $2K |
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 144,031 shares issuable upon the vesting and settlement of RSUs granted to the Reporting Person and 4,978 shares of vested performance RSUs ("PRSUs"), of which 50% will be released in on March 2, 2026 and the remaining 50% will be released on March 1, 2027. Each PRSU represents a contingent right to receive one share of the Issuer's common stock upon settlement.
FAQ
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What insider transaction did Enovix (ENVX) report for Kristina Truong?
What does the Form 4 tax withholding transaction mean for Enovix (ENVX)?
What RSU and PRSU awards are included in Kristina Truong’s Enovix (ENVX) holdings?
When will Kristina Truong’s Enovix (ENVX) performance RSUs be released?
Was the Enovix (ENVX) Form 4 transaction an open-market sale by the CAO?
AI-generated analysis. How Rhea-AI works. Not financial advice.