Enovix (ENVX) CAO logs 2,945-share tax withholding from RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Enovix Corp Chief Accounting Officer Kristina Truong reported routine share withholdings to cover taxes tied to stock awards. On April 8, 10, and 13, 2026, a total of 2,945 shares of Enovix common stock were withheld at prices between $5.73 and $6.09 per share to satisfy tax withholding obligations on vesting restricted stock units.
These transactions, coded "F" as tax-withholding dispositions, were not open-market sales and did not generate trading proceeds for Truong. After the latest withholding, she directly holds 312,154 shares of Enovix common stock, including substantial shares underlying unvested RSUs and performance RSUs described in the footnotes.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Truong Kristina
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,012 | $5.98 | $6K |
| Tax Withholding | Common Stock | 253 | $6.09 | $2K |
| Tax Withholding | Common Stock | 1,680 | $5.73 | $10K |
Holdings After Transaction:
Common Stock — 312,154 shares (Direct)
Footnotes (1)
- 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"). Includes 225,869 shares issuable upon the vesting and settlement of RSUs granted to the Reporting Person, as well as the following vested performance restricted stock units ("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. Includes 225,393 shares issuable upon the vesting and settlement of RSUs granted to the Reporting Person, as well as the Earned PRSUs. Includes 223,477 shares issuable upon the vesting and settlement of RSUs granted to the Reporting Person, as well as the Earned PRSUs.
Key Figures
Tax-withholding shares on Apr 8, 2026: 1,680 shares at $5.73
Tax-withholding shares on Apr 10, 2026: 253 shares at $6.09
Tax-withholding shares on Apr 13, 2026: 1,012 shares at $5.98
+3 more
6 metrics
Tax-withholding shares on Apr 8, 2026
1,680 shares at $5.73
Common stock withheld for RSU tax obligations
Tax-withholding shares on Apr 10, 2026
253 shares at $6.09
Common stock withheld for RSU tax obligations
Tax-withholding shares on Apr 13, 2026
1,012 shares at $5.98
Common stock withheld for RSU tax obligations
Total tax-withholding shares
2,945 shares
Sum of F-code dispositions in April 2026
Shares held after latest transaction
312,154 shares
Direct Enovix common stock ownership after Apr 13, 2026
Earned PRSUs releases
2,489 + 35,278 PRSUs
Vested performance RSUs scheduled for 2027–2028 releases
Key Terms
restricted stock units ("RSUs"), performance restricted stock units ("PRSUs"), tax withholding obligations, Payment of exercise price or tax liability by delivering securities
4 terms
restricted stock units ("RSUs") financial
"Reflects the withholding of shares ... in connection with the vesting of restricted stock units ("RSUs")."
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.
performance restricted stock units ("PRSUs") financial
"Includes 225,869 shares issuable ... and the following vested performance restricted stock units ("PRSUs"): (i) 2,489 PRSUs..."
tax withholding obligations financial
"Reflects the withholding of shares ... to satisfy tax withholding obligations in connection with the vesting of RSUs."
Payment of exercise price or tax liability by delivering securities financial
"transaction_code_description: Payment of exercise price or tax liability by delivering securities"
FAQ
What did Enovix (ENVX) Chief Accounting Officer Kristina Truong report in this Form 4?
Kristina Truong reported share withholdings to cover taxes on vesting stock awards. A total of 2,945 Enovix common shares were withheld on April 8, 10, and 13, 2026, reflecting routine tax-withholding dispositions rather than open-market stock sales.
Are the Enovix (ENVX) Form 4 transactions by Kristina Truong open-market sales?
No, the reported Form 4 transactions are not open-market sales. They are coded "F" and described as payment of tax liabilities by delivering securities, meaning Enovix shares were withheld from vesting stock awards solely to satisfy tax withholding obligations owed by Kristina Truong.
What types of equity awards are mentioned in Kristina Truong’s Enovix (ENVX) Form 4 footnotes?
The footnotes reference restricted stock units and performance restricted stock units. They describe shares issuable upon vesting and settlement of RSUs, as well as vested performance RSUs scheduled for release to Kristina Truong in March 2027, April 2027, and April 2028.