Enovix (ENVX) Chief Legal Officer reports RSU tax share withholding

Rhea-AI Filing Summary

Enovix Corporation’s Chief Legal Officer, Arthi Chakravarthy, reported a routine tax-related share withholding tied to equity compensation. On 02/08/2026, 939 shares of Enovix common stock were withheld at a price of $6.38 per share to cover tax obligations from vesting restricted stock units (RSUs).

After this transaction, Chakravarthy beneficially owns 407,077 shares, including 276,946 shares issuable upon vesting and settlement of RSUs and 20,786 vested performance RSUs (PRSUs). Half of the PRSUs are scheduled to be released on March 2, 2026, with the remaining half on March 1, 2027.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Chakravarthy Arthi

(Last) (First) (Middle)

C/O ENOVIX CORPORATION

3501 W. WARREN AVENUE

(Street)

FREMONT CA 94538

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Enovix Corp [ ENVX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Legal Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/08/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/08/2026		F		939(1)	D	$6.38	407,077(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

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").

2. Includes 276,946 shares issuable upon the vesting and settlement of RSUs granted to the Reporting Person and 20,786 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.

Remarks:

	/s/ Arthi Chakravarthy	02/10/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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FAQ

What insider transaction did Enovix (ENVX) report for Arthi Chakravarthy?

Enovix reported that Chief Legal Officer Arthi Chakravarthy had 939 common shares withheld at $6.38 per share to satisfy tax obligations from vesting RSUs. This is a non-open-market transaction typically tied to equity compensation rather than discretionary buying or selling.

How many Enovix (ENVX) shares does Arthi Chakravarthy own after this transaction?

After the transaction, Arthi Chakravarthy beneficially owns 407,077 Enovix shares. This total includes currently held stock plus shares underlying unvested RSUs and vested performance RSUs that are scheduled to settle into common stock over time.

What does the tax withholding transaction code “F” mean for Enovix (ENVX)?

Transaction code “F” indicates shares were withheld to pay taxes on vesting equity awards, not sold on the open market. For Enovix, 939 shares were withheld in connection with Chakravarthy’s restricted stock unit vesting and associated tax obligations.

What future share releases are scheduled for Arthi Chakravarthy’s Enovix (ENVX) PRSUs?

Chakravarthy holds 20,786 vested performance RSUs at Enovix. Half of these are scheduled for release on March 2, 2026, and the remaining half on March 1, 2027, each PRSU converting into one share of common stock upon settlement.

How many Enovix (ENVX) RSU shares are included in Arthi Chakravarthy’s holdings?

Chakravarthy’s reported beneficial ownership includes 276,946 shares issuable upon vesting and settlement of restricted stock units. These RSUs represent future common stock, subject to continued vesting, in addition to already held and vested performance-based share awards.

Is the reported Enovix (ENVX) insider transaction an open-market sale?

No. The filing shows a tax withholding transaction where 939 shares were withheld at $6.38 per share for RSU-related taxes. This differs from an open-market sale, as the shares are retained by the company for tax remittance purposes.