Enovix director awarded 29,104 RSUs
MCCRANIE J DANIEL reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
MCCRANIE J DANIEL reported acquisition or exercise transactions in this Form 4 filing.
Enovix Corp director J. Daniel McCranie received an equity grant in the form of restricted stock units (RSUs). On June 11, 2026 he was awarded 29,104 RSUs of Enovix common stock at no cash cost as part of his compensation. Each RSU represents a contingent right to receive one share of common stock, with 25% vesting on each of September 11, 2026, December 11, 2026, March 11, 2027, and the earlier of June 11, 2027 or the 2027 annual stockholders meeting, subject to continued service. Following this grant, he held 69,982 shares in total, including 48,379 shares issuable upon settlement of RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 29,104 | $0.00 | $0.00 |
Footnotes (2)
- F1. Reflects shares issuable on the settlement of restricted stock units ("RSUs") granted to the Reporting Person. Each RSU represents a contingent right to receive one share of the Issuer's common stock. 25% of the RSUs will vest on each of September 11, 2026, December 11, 2026, March 11, 2027 and the earlier of (i) June 11, 2027; or (ii) the date of the Issuer's 2027 annual meeting of stockholders (or the date immediately preceding such date if the Reporting Person's service as a director ends at such meeting due to the director's failure to be re-elected or not standing for re-election), subject to the Reporting Person's continuous service through each applicable vesting date.
- F2. Includes 48,379 shares issuable upon the settlement of RSUs granted to the Reporting Person.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
contingent right financial
vesting financial
beneficially owned financial
FAQ
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What insider transaction did Enovix (ENVX) director J. Daniel McCranie report?
What are the vesting terms of the new Enovix (ENVX) RSU grant to McCranie?
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