Enovix CLO has 10,368 shares withheld for taxes

Enovix Corp reports that Chief Legal Officer Chakravarthy Arthi had 10,368 shares of common stock withheld on July 1, 2026 to satisfy tax withholding obligations from vesting restricted stock units at $5.85 per share.

Rhea-AI Filing Summary

Enovix Corp reports that Chief Legal Officer Chakravarthy Arthi had 10,368 shares of common stock withheld on July 1, 2026 to satisfy tax withholding obligations from vesting restricted stock units at $5.85 per share.

After these tax-withholding dispositions, the reporting person directly holds 590,987 shares of Enovix common stock, alongside unvested RSU and performance RSU awards scheduled to settle between 2027 and 2028.

Insider Trade Summary

Exercise Price or Tax Liability: 10,368 shares

Exercise Price or Tax Liability 2 txns

Insider Chakravarthy Arthi

Role Chief Legal Officer

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	3,336	$5.85	$20K
Exercise Price or Tax Liability	Common Stock	7,032	$5.85	$41K

Holdings After Transaction: Common Stock — 590,987 shares (Direct)

Footnotes (3)

1. 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").
2. F2. Includes 378,938 shares issuable upon the vesting and settlement of RSUs granted to the Reporting Person, as well as: (i) 10,393 vested performance restricted stock units ("PRSUs"), which will be released to the Reporting Person in March 2027, and (ii) an aggregate of 58,500 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.
3. F3. Includes 365,658 shares issuable upon the vesting and settlement of RSUs granted to the Reporting Person, as well as the Earned PRSUs.

Key Figures

Tax-withheld shares (total): 10,368 shares First tax-withholding lot: 3,336 shares Second tax-withholding lot: 7,032 shares +5 more

8 metrics

Tax-withheld shares (total) 10,368 shares Common stock withheld on July 1, 2026 to satisfy tax obligations from RSU vesting

First tax-withholding lot 3,336 shares F-code disposition of common stock at $5.85 per share on July 1, 2026

Second tax-withholding lot 7,032 shares F-code disposition of common stock at $5.85 per share on July 1, 2026

Tax-withholding price $5.85 per share Price used for both F-code tax-withholding stock dispositions on July 1, 2026

Post-transaction common stock holding 590,987 shares Directly held Enovix common stock after July 1, 2026 tax-withholding transactions

RSUs issuable to reporting person 378,938 shares Shares issuable upon vesting and settlement of RSUs granted to the reporting person

Vested PRSUs releasing in March 2027 10,393 PRSUs Performance restricted stock units scheduled for release to the reporting person in March 2027

Earned PRSUs scheduled 2027–2028 58,500 PRSUs Earned PRSUs, 50% to be released in April 2027 and 50% in April 2028

Key Terms

restricted stock units ("RSUs"), performance restricted stock units ("PRSUs"), tax withholding obligations, vesting and settlement

4 terms

restricted stock units ("RSUs") financial

"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

"vested performance restricted stock units ("PRSUs"), which will be released"

tax withholding obligations financial

"to satisfy tax withholding obligations in connection with the vesting"

vesting and settlement financial

"shares issuable upon the vesting and settlement of RSUs granted"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Enovix (ENVX) disclose in this Form 4?

Enovix disclosed that Chief Legal Officer Chakravarthy Arthi had 10,368 shares of common stock withheld on July 1, 2026 to cover tax withholding obligations arising from the vesting of restricted stock units, reported as transaction code F (tax-withholding disposition).

How many Enovix (ENVX) shares were withheld for taxes and at what price?

A total of 10,368 shares of Enovix common stock were withheld for tax obligations at a price of $5.85 per share, split across two F-code transactions of 3,336 and 7,032 shares, both dated July 1, 2026.

How many Enovix (ENVX) shares does the reporting person hold after this transaction?

Following the July 1, 2026 tax-withholding transactions, the reporting person directly holds 590,987 shares of Enovix common stock. This post-transaction balance reflects the canonical holding reported for the Chief Legal Officer’s direct ownership position.

What equity awards are outstanding for the Enovix (ENVX) Chief Legal Officer?

Footnotes state that the Chief Legal Officer has 378,938 shares issuable upon RSU vesting, 10,393 vested PRSUs releasing in March 2027, and 58,500 Earned PRSUs scheduled 50% for April 2027 and 50% for April 2028, plus another 365,658 RSU-linked shares.

Was this Enovix (ENVX) insider transaction under a Rule 10b5-1 plan?

The filing’s Rule 10b5-1 checkbox is not marked as affirmative, indicating these tax-withholding transactions were not reported as executed under a Rule 10b5-1 trading plan, based on the document-level 10b5-1 status field.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/06/2026 - 07:30 PM Learn about SEC filing dates

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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 CALIFORNIA 94538

(City) (State) (Zip)

UNITED STATES

(Country)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026

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

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

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

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	07/01/2026		F		3,336(1)	D	$5.85	598,019(2)	D
Common Stock	07/01/2026		F		7,032(1)	D	$5.85	590,987(3)	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 378,938 shares issuable upon the vesting and settlement of RSUs granted to the Reporting Person, as well as: (i) 10,393 vested performance restricted stock units ("PRSUs"), which will be released to the Reporting Person in March 2027, and (ii) an aggregate of 58,500 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.

3. Includes 365,658 shares issuable upon the vesting and settlement of RSUs granted to the Reporting Person, as well as the Earned PRSUs.

Remarks:

	/s/ Arthi Chakravarthy	07/06/2026
	** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)