Tax-withholding share disposition by Enovix (ENVX) chief accounting officer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Enovix Corp Chief Accounting Officer Kristina Truong reported a tax-withholding share disposition. On March 2, 2026, 1,260 shares of common stock were withheld at $5.45 per share to satisfy tax obligations tied to vested performance restricted stock units.
After this transaction, she directly owns 190,289 shares, including 137,235 shares issuable upon vesting and settlement of restricted stock units and 2,489 vested performance RSUs scheduled for release on March 2, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Truong Kristina
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,260 | $5.45 | $7K |
Holdings After Transaction:
Common Stock — 190,289 shares (Direct)
Footnotes (1)
- Reflects the withholding of shares of the Issuer's common stock to satisfy tax withholding obligations in connection with the delivery of vested performance restricted stock units ("PRSUs"). Includes 137,235 shares issuable upon the vesting and settlement of restricted stock units ("RSUs) granted to the Reporting Person and 2,489 vested PRSUs, which will be released on March 2, 2027. Each PRSU represents a contingent right to receive one share of the Issuer's common stock upon settlement.
FAQ
What insider transaction did Enovix (ENVX) report for Kristina Truong?
Enovix reported that Chief Accounting Officer Kristina Truong had 1,260 shares of common stock withheld. The shares were used to satisfy tax withholding obligations related to the delivery of vested performance restricted stock units, rather than being sold in an open-market transaction.
What Enovix (ENVX) equity awards are included in Kristina Truong’s holdings?
Her reported holdings include 137,235 shares issuable upon vesting and settlement of restricted stock units. They also include 2,489 vested performance restricted stock units, each representing a contingent right to receive one Enovix common share upon settlement on March 2, 2027.
When will Kristina Truong’s vested Enovix (ENVX) PRSUs be released?
The filing notes that 2,489 vested performance restricted stock units will be released on March 2, 2027. Each performance RSU represents a contingent right to receive one Enovix common share upon settlement on that specified future release date.