Enovix (ENVX) legal chief withholds 10,368 shares for RSU taxes

Rhea-AI Filing Summary

Enovix Corp Chief Legal Officer Arthi Chakravarthy reported share dispositions tied to tax withholding rather than market sales. On July 1, 2026, a total of 10,368 shares of common stock were withheld at $5.85 per share to satisfy tax obligations upon vesting of restricted stock units.

After these transactions, Chakravarthy directly holds 598,019 shares of Enovix common stock. Footnotes state that holdings also include 378,938 shares issuable from unvested RSUs, 10,393 earned PRSUs scheduled for release in March 2027, and 58,500 additional earned PRSUs expected to be released in April 2027 and April 2028.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Chakravarthy Arthi

Role Chief Legal Officer

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

Holdings After Transaction: Common Stock — 598,019 shares (Direct, null)

Footnotes (1)

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 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. 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-withholding shares: 10,368 shares First withholding lot: 7,032 shares Second withholding lot: 3,336 shares +5 more

8 metrics

Tax-withholding shares 10,368 shares Total shares withheld for RSU tax obligations on July 1, 2026

First withholding lot 7,032 shares F-code disposition of common stock at $5.85 per share

Second withholding lot 3,336 shares F-code disposition of common stock at $5.85 per share

Withholding price $5.85 per share Value used for tax-withholding dispositions of common stock

Direct holdings after transactions 598,019 shares Common shares directly owned following July 1, 2026 events

Unvested RSUs 378,938 shares Shares issuable upon vesting and settlement of RSUs

Earned PRSUs - March 2027 10,393 shares Performance RSUs to be released in March 2027

Earned PRSUs - April 2027 & 2028 58,500 shares PRSUs to be released 50% in April 2027 and 50% in April 2028

Key Terms

restricted stock units ("RSUs"), performance restricted stock units ("PRSUs"), tax withholding obligations, contingent right

4 terms

restricted stock units ("RSUs") financial

"to satisfy tax withholding obligations 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

"10,393 vested performance restricted stock units ("PRSUs"), which will be released to the Reporting Person in March 2027"

tax withholding obligations financial

"withholding of shares of the Issuer's common stock to satisfy tax withholding obligations in connection with the vesting of RSUs."

contingent right financial

"Each PRSU represents a contingent right to receive one share of the Issuer's common stock upon settlement."

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/06/2026 - 07:30 PM 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)

FAQ

What did Enovix (ENVX) Chief Legal Officer report in this Form 4?

The Chief Legal Officer reported share dispositions used for tax withholding on vested RSUs. A total of 10,368 Enovix common shares were withheld, rather than sold on the open market, to satisfy tax obligations associated with equity compensation vesting.

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

A total of 10,368 Enovix shares were withheld at $5.85 per share. These F-code transactions reflect shares delivered back to the company to cover tax obligations on vested restricted stock units, not discretionary market sales.

How many Enovix (ENVX) shares does the insider hold after the transactions?

Following the tax-withholding dispositions, the insider directly holds 598,019 Enovix common shares. This figure represents her reported direct ownership after the July 1, 2026 RSU-related withholding events disclosed in the filing.

What future Enovix (ENVX) shares are tied to RSUs and PRSUs for this insider?

Holdings include 378,938 shares issuable from unvested RSUs and Earned PRSUs. These comprise 10,393 PRSUs to be released in March 2027 and 58,500 PRSUs scheduled for releases in April 2027 and April 2028, each representing one share upon settlement.

Were the Enovix (ENVX) insider’s transactions open-market buys or sells?

No open-market trades were reported. Both transactions are coded F, indicating shares were withheld to pay tax liabilities on RSU vesting. This type of disposition is a compensation-related mechanism rather than a voluntary market purchase or sale decision.