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Enovix interim CEO gets 19K-share RSU bonus

On Aug. 28, 2026, 10,093 ENVX shares were withheld at $3.36 each to cover taxes tied to Ryan A. Benton’s RSU vesting.

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Enovix Corp (ENVX) reported that Interim CEO Ryan A. Benton received a grant of 19,060 shares of common stock on August 28, 2026, issued upon receipt of a fully vested restricted stock unit (RSU) award representing his bonus for the quarter ended July 5, 2026. On the same date, 10,093 shares of common stock were withheld at $3.36 per share to satisfy related tax withholding obligations from RSU vesting. Following these transactions, Benton’s holdings include 789,817 shares issuable upon future vesting and settlement of RSUs.

Positive

  • None.

Negative

  • None.
Insider Benton Ryan A
Role Interim CEO
Type Security Shares Price Value
Grant/Award Common Stock F1, F2 19,060 $0.00 $0.00
Tax Withholding Common Stock F3, F2 10,093 $3.36 $34K
Holdings After Transaction: Common Stock — 903,523 shares (Direct)
Footnotes (3)
  1. F1. Reflects shares of the Issuer's common stock issued to the Reporting Person upon the receipt of a fully vested award of restricted stock units ("RSUs") on August 28, 2026. The RSUs represented the Reporting Person's award bonus earned for the quarter ended July 5, 2026.
  2. F2. Includes 789,817 shares issuable upon vesting and settlement of RSUs granted to the Reporting Person.
  3. F3. 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.
RSU share award 19,060 shares of common stock Shares issued to Benton upon receipt of a fully vested RSU award on August 28, 2026
Shares withheld for taxes 10,093 shares of common stock Withheld to satisfy tax withholding obligations related to RSU vesting
Tax withholding value per share $3.36 per share Reported value for shares withheld to satisfy tax obligations
Unvested RSUs position 789,817 shares issuable upon RSU vesting and settlement Shares underlying RSUs granted to Benton and included in his holdings
ExercisePriceOrTaxLiabilityShares (code F) 10,093 shares Shares delivered or withheld to satisfy tax withholding obligations on RSU vesting
restricted stock units financial
"Reflects shares of the Issuer's common stock issued ... award of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
fully vested award financial
"issued to the Reporting Person upon the receipt of a fully vested award"
tax withholding obligations financial
"withholding of shares ... to satisfy tax withholding obligations in connection with the vesting"
settlement of RSUs financial
"Includes 789,817 shares issuable upon vesting and settlement of RSUs"

FAQ

What equity award did Enovix (ENVX) Interim CEO Ryan A. Benton receive?
Ryan A. Benton received 19,060 shares of Enovix common stock on August 28, 2026, issued upon the receipt of a fully vested RSU award that represented his award bonus for the quarter ended July 5, 2026.

How many Enovix (ENVX) shares were withheld for taxes from Benton’s RSU vesting?
On August 28, 2026, 10,093 shares of Enovix common stock were withheld to satisfy tax withholding obligations in connection with the vesting of RSUs, at a reported value of $3.36 per share.

Does Ryan A. Benton still hold additional unvested RSUs of Enovix (ENVX)?
Yes. Benton’s position includes 789,817 shares of Enovix common stock issuable upon the vesting and settlement of RSUs that have been granted to him.

Were Benton’s Enovix (ENVX) transactions reported as direct or indirect ownership?
Both transactions were reported as direct ownership of Enovix common stock, with no separate entity or indirect ownership structure indicated in the filing.

Was the Enovix (ENVX) Form 4 filed under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is explicitly unchecked, and the transactions are not described as being executed under a 10b5-1 trading plan.

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SEC Form 4
FORM 4UNITED 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*
Benton Ryan A
(Last)(First)(Middle)
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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Interim CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/28/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock08/28/2026A19,060(1)A$0913,616(2)D
Common Stock08/28/2026F10,093(3)D$3.36903,523(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Reflects shares of the Issuer's common stock issued to the Reporting Person upon the receipt of a fully vested award of restricted stock units ("RSUs") on August 28, 2026. The RSUs represented the Reporting Person's award bonus earned for the quarter ended July 5, 2026.
2. Includes 789,817 shares issuable upon vesting and settlement of RSUs granted to the Reporting Person.
3. 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.
Remarks:
/s/ Arthi Chakravarthy, Attorney-in-Fact for Ryan Benton09/01/2026
** Signature of Reporting PersonDate
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)

Source: View Original Filing on SEC EDGAR