Enovix CAO reports tax share withholdings
Enovix Corp Chief Accounting Officer Kristina Truong reported routine share withholdings to cover taxes tied to stock awards.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,012 | $5.98 | $6K |
| Exercise Price or Tax Liability | Common Stock | 253 | $6.09 | $2K |
| Exercise Price or Tax Liability | Common Stock | 1,680 | $5.73 | $10K |
Footnotes (4)
- 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 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.
- F3. Includes 225,393 shares issuable upon the vesting and settlement of RSUs granted to the Reporting Person, as well as the Earned PRSUs.
- F4. 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
Key Terms
restricted stock units ("RSUs") financial
performance restricted stock units ("PRSUs") financial
tax withholding obligations financial
Payment of exercise price or tax liability by delivering securities financial
FAQ
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What did Enovix (ENVX) Chief Accounting Officer Kristina Truong report in this Form 4?
Are the Enovix (ENVX) Form 4 transactions by Kristina Truong open-market sales?
What types of equity awards are mentioned in Kristina Truong’s Enovix (ENVX) Form 4 footnotes?
AI-generated analysis. How Rhea-AI works. Not financial advice.