Enovix (ENVX) CAO logs 278-share tax-withholding disposition, holds 192,665
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
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 278 | $6.28 | $2K |
Footnotes (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 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.