STOCK TITAN

Enovix (ENVX) CAO logs 278-share tax-withholding disposition, holds 192,665

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

Rhea-AI Filing Summary

Enovix Corp’s Chief Accounting Officer Kristina Truong reported a small share disposition related to equity compensation. On February 10, 2026, 278 shares of common stock were withheld at $6.28 per share to cover tax obligations from vesting restricted stock units, rather than sold on the open market.

After this tax-withholding transaction, Truong beneficially owned 192,665 shares of Enovix common stock. This total includes 141,639 shares tied to unvested RSUs and 4,978 vested performance RSUs, with half of those PRSUs scheduled to be released on March 2, 2026 and the remainder on March 1, 2027.

Positive

  • None.

Negative

  • None.

Insights

Small, routine tax-withholding share disposition with modest equity stake remaining.

The Chief Accounting Officer of Enovix Corp, Kristina Truong, had 278 common shares withheld at $6.28 per share on February 10, 2026 to satisfy tax obligations from vesting RSUs. This is coded as a tax-withholding disposition, not an open-market sale.

Following the transaction, Truong beneficially owns 192,665 shares, including 141,639 RSU-linked shares and 4,978 vested performance RSUs. Portions of these PRSUs are scheduled to be released on March 2, 2026 and March 1, 2027, which ties a significant part of her compensation to future share delivery.

Because the transaction is small and driven by tax withholding rather than discretionary selling, it is best viewed as routine equity compensation administration. Subsequent company disclosures may update how many RSUs and PRSUs ultimately settle into common shares over time.

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*
Truong Kristina

(Last) (First) (Middle)
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 Accounting Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/10/2026
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 02/10/2026 F 278 D $6.28(1) 192,665(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 141,639 shares issuable upon the vesting and settlement of RSUs granted to the Reporting Person and 4,978 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, Attorney-in-Fact for Kristina Truong 02/12/2026
** 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.

FAQ

What insider transaction did Enovix (ENVX) report for Kristina Truong?

Enovix reported that Chief Accounting Officer Kristina Truong had 278 common shares withheld to cover taxes from vesting RSUs. The shares were valued at $6.28 each and classified as a tax-withholding disposition, not an open-market sale or purchase.

How many Enovix (ENVX) shares does Kristina Truong own after the reported transaction?

After the tax-withholding transaction, Kristina Truong beneficially owns 192,665 Enovix common shares. This figure combines currently held stock with shares tied to unvested RSUs and vested performance RSUs scheduled to settle into additional common shares over time.

Why were 278 Enovix (ENVX) shares disposed of in Kristina Truong’s Form 4?

The 278 shares were withheld to satisfy tax obligations triggered by vesting restricted stock units. Instead of Truong selling shares in the market, the issuer withheld a portion of stock at $6.28 per share specifically to cover these tax liabilities.

What RSU and PRSU awards are reported for Enovix (ENVX) officer Kristina Truong?

Truong’s holdings include 141,639 shares issuable upon vesting and settlement of RSUs and 4,978 vested performance RSUs. Each PRSU converts into one share upon settlement, with scheduled release dates in March 2026 and March 2027, aligning compensation with future performance.

Are the performance RSUs for Enovix (ENVX) already settled into shares for Kristina Truong?

The performance RSUs are vested but not fully released as common shares. Half of the 4,978 PRSUs are scheduled to be released on March 2, 2026, and the remaining half on March 1, 2027, each converting into one share upon settlement.

Does the reported Enovix (ENVX) insider transaction indicate a discretionary sale by Kristina Truong?

No. The transaction is classified as a tax-withholding disposition tied to vesting RSUs, not a discretionary open-market sale. Shares were withheld by the issuer to cover tax liabilities, leaving Truong with a sizable remaining equity stake in Enovix.
Enovix Corporation

NASDAQ:ENVX

ENVX Rankings

ENVX Latest News

ENVX Latest SEC Filings

ENVX Stock Data

1.32B
190.54M
12.8%
46.77%
23.86%
Electrical Equipment & Parts
Miscellaneous Electrical Machinery, Equipment & Supplies
Link
United States
FREMONT