STOCK TITAN

Enovix CAO gets 12,512-share stock bonus award

Truong’s Aug. 28 fully vested award came with 6,626 shares withheld for taxes, and her remaining RSUs are slated for release from March 2027 through April 2028.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Enovix Corp (ENVX) reported that Chief Accounting Officer Kristina Truong received a fully vested award of 12,512 shares of common stock on August 28, 2026, as settlement of RSUs earned for the quarter ended July 5, 2026. On the same date, 6,626 shares were withheld at $3.36 per share to satisfy tax withholding obligations. Truong also has 197,114 RSUs and performance RSUs totaling 37,767 shares scheduled for release in March and April 2027 and April 2028.

Positive

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Negative

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Insider Truong Kristina
Role Chief Accounting Officer
Type Security Shares Price Value
Grant/Award Common Stock F1, F2 12,512 $0.00 $0.00
Tax Withholding Common Stock F3, F2 6,626 $3.36 $22K
Holdings After Transaction: Common Stock — 308,767 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 197,114 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. Each PRSU represents a contingent right to receive one share of the Issuer's common stock upon settlement.
  3. F3. Reflects the withholding of shares of the Issuer's common stock to satisfy tax withholding obligations in connection with the vesting of RSUs.
RSU shares granted/issued 12,512 shares of Common Stock Fully vested RSU award settled on August 28, 2026 as quarterly bonus
Shares withheld for taxes 6,626 shares of Common Stock Withheld on August 28, 2026 to satisfy tax withholding on RSU vesting
Tax withholding price per share $3.36 per share Applied to 6,626 shares withheld for tax obligations
Unvested/settlement RSUs 197,114 shares Shares issuable upon vesting and settlement of RSUs held by the reporting person
PRSUs March 2027 release 2,489 PRSUs Vested performance RSUs to be released in March 2027
PRSUs April 2027–2028 releases 35,278 PRSUs Aggregate performance RSUs, half released April 2027 and half April 2028
restricted stock units financial
"issued to the Reporting Person upon the receipt of a fully vested 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.
performance RSUs financial
"as well as the following vested performance RSUs ("PRSUs"): (i) 2,489 PRSUs"
Performance RSUs are promises to deliver company shares to executives or employees only if the business meets preset goals such as revenue, profit, stock price, or operational targets. They matter to investors because they align management pay with measurable company results and can affect the number of shares outstanding and future earnings per share once the shares are issued. Think of them as a bonus paid in stock that only arrives if the team hits the agreed milestones.
withholding of shares financial
"Reflects the withholding of shares of the Issuer's common stock to satisfy tax"
contingent right financial
"Each PRSU represents a contingent right to receive one share of the Issuer's common stock"

FAQ

What equity award did Enovix (ENVX) grant to Kristina Truong on August 28, 2026?

Enovix granted Kristina Truong a fully vested award of 12,512 shares of common stock on August 28, 2026, upon receipt of RSUs representing her award bonus for the quarter ended July 5, 2026.

How many Enovix (ENVX) shares were withheld to cover taxes for Kristina Truong?

Enovix withheld 6,626 shares of common stock from Kristina Truong on August 28, 2026, to satisfy tax withholding obligations related to the vesting of RSUs, at a price of $3.36 per share.

What RSU balance does Kristina Truong hold at Enovix (ENVX) after this Form 4?

The holdings include 197,114 shares issuable upon vesting and settlement of RSUs, plus vested performance RSUs totaling 37,767 shares scheduled for future releases, as described in the filing footnotes.

When will Kristina Truong’s performance RSUs in Enovix (ENVX) be released?

The filing states that 2,489 PRSUs will be released in March 2027, and an aggregate of 35,278 PRSUs will be released 50% in April 2027 and the remainder in April 2028.

Was Kristina Truong’s Enovix (ENVX) Form 4 transaction under a Rule 10b5-1 plan?

No. The document-level Rule 10b5-1 box is indicated as false, and the footnotes describe bonus-related RSU vesting and related tax withholding, not a pre-arranged trading plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
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*
Truong Kristina

(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)
Chief Accounting Officer
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 Stock08/28/2026A12,512(1)A$0315,393(2)D
Common Stock08/28/2026F6,626(3)D$3.36308,767(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 197,114 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. Each PRSU represents a contingent right to receive one share of the Issuer's common stock upon settlement.
3. Reflects the withholding of shares of the Issuer's common stock to satisfy tax withholding obligations in connection with the vesting of RSUs.
Remarks:
/s/ Arthi Chakravarthy, Attorney-in-Fact for Kristina Truong09/01/2026
** 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)