Enovix (ENVX) CAO RSU vesting triggers 1,014-share tax withholding

Rhea-AI Filing Summary

Enovix Corp Chief Accounting Officer Kristina Truong reported a routine tax-related share disposition. On the RSU vesting date, 1,014 shares of common stock were withheld at $7.29 per share to cover tax obligations, rather than sold in the open market.

After this withholding, she directly holds 312,932 shares, which include 221,086 shares tied to unvested RSUs and vested performance RSUs totaling 2,489 shares scheduled for release in March 2027 and 35,278 shares scheduled for release in April 2027 and April 2028.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Truong Kristina

Role Chief Accounting Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	1,014	$7.29	$7K

Holdings After Transaction: Common Stock — 312,932 shares (Direct, null)

Footnotes (1)

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 221,086 shares issuable upon the vesting and settlement of RSUs granted to the Reporting Person, as well as the following vested performance restricted stock units ("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

Tax-withholding shares: 1,014 shares Tax-withholding price: $7.29 per share Shares held after transaction: 312,932 shares +3 more

6 metrics

Tax-withholding shares 1,014 shares Withheld to satisfy RSU tax obligations at $7.29 per share

Tax-withholding price $7.29 per share Value used for 1,014 withheld shares

Shares held after transaction 312,932 shares Direct Enovix common stock holdings following withholding

Unvested RSUs 221,086 shares Shares issuable upon vesting and settlement of RSUs

Vested PRSUs (March 2027 release) 2,489 PRSUs To be released to the reporting person in March 2027

Vested PRSUs (April 2027–2028 releases) 35,278 PRSUs 50% to be released April 2027, remainder April 2028

Key Terms

restricted stock units ("RSUs"), performance restricted stock units ("PRSUs"), vesting and settlement, contingent right

4 terms

restricted stock units ("RSUs") financial

"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")."

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

performance restricted stock units ("PRSUs") financial

"Includes 221,086 shares issuable upon the vesting and settlement of RSUs granted to the Reporting Person, as well as the following vested performance restricted stock units ("PRSUs"): (i) 2,489 PRSUs..."

vesting and settlement financial

"Includes 221,086 shares issuable upon the vesting and settlement of RSUs granted to the Reporting Person..."

contingent right financial

"Each PRSU represents a contingent right to receive one share of the Issuer's common stock upon settlement."

Form 4 Insider Transactions: What Each Field Means →

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 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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Accounting Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/13/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/13/2026		F		1,014(1)	D	$7.29	312,932(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 221,086 shares issuable upon the vesting and settlement of RSUs granted to the Reporting Person, as well as the following vested performance restricted stock units ("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.

Remarks:

	/s/ Arthi Chakravarthy, Attorney-in-Fact for Kristina Truong	05/15/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

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

Enovix reported that Chief Accounting Officer Kristina Truong had 1,014 shares of common stock withheld to cover tax obligations from RSU vesting. This was a tax-withholding disposition, not an open-market sale or purchase of shares.

Was the Enovix (ENVX) Form 4 transaction a sale of shares?

The Form 4 shows no open-market sale. Instead, 1,014 shares were withheld by Enovix to satisfy tax liabilities from vested RSUs. Such F-code tax-withholding dispositions are routine and differ from discretionary buying or selling on the public market.

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

Following the tax-withholding event, Kristina Truong holds 312,932 Enovix common shares directly. This total includes shares underlying unvested RSUs and vested performance RSUs that will be released to her in scheduled tranches through 2027 and 2028.

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

The filing notes 221,086 shares issuable upon vesting and settlement of RSUs, plus 2,489 vested PRSUs to be released in March 2027 and 35,278 vested PRSUs to be released in April 2027 and April 2028, each PRSU equaling one share at settlement.

Does the Enovix (ENVX) Form 4 suggest a change in insider sentiment?

The transaction reflects tax withholding on RSU vesting, not a discretionary trade. Because the 1,014 shares were retained by Enovix for tax purposes, the filing mainly documents compensation-related share settlement rather than a signal of changing insider sentiment.