Enovix CAO has 253 shares withheld for taxes
Enovix Corp Chief Accounting Officer Kristina Truong reported a routine tax-related share adjustment.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Enovix Corp Chief Accounting Officer Kristina Truong reported a routine tax-related share adjustment. On the vesting of restricted stock units, 253 shares of common stock were withheld to cover tax obligations at $6.28 per share. After this withholding, she holds 315,369 common shares, including 220,610 shares tied to unvested RSUs and earned performance RSUs scheduled for release between March 2027 and April 2028.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 253 | $6.28 | $2K |
Footnotes (2)
- 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").
- F2. Includes 220,610 shares issuable upon the vesting and settlement of RSUs granted to the Reporting Person, as well as the following vested performance RSUs ("PRSUs"): (i) 2,489 PRSUs, which will be released to the Reporting Person in March 2027, and (ii) an aggregate of 35,278 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.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
performance RSUs ("PRSUs") financial
tax withholding obligations financial
contingent right financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Enovix (ENVX) report for Kristina Truong?
Is the Enovix (ENVX) Form 4 for Kristina Truong a stock sale?
What future RSU and PRSU releases are disclosed for Enovix (ENVX) CAO Kristina Truong?
AI-generated analysis. How Rhea-AI works. Not financial advice.