Enovix CEO has 17,651 shares withheld for RSU tax

Enovix Corp President and CEO Rajendra K. Talluri reported a tax-withholding disposition of 17,651 shares of common stock at $4.72 per share in connection with RSU vesting.

Rhea-AI Filing Summary

Enovix Corp President and CEO Rajendra K. Talluri reported a tax-withholding disposition of 17,651 shares of common stock at $4.72 per share in connection with RSU vesting. After this, he beneficially owns 2,962,673 shares, including 1,801,739 RSU-based shares, 47,775 vested PRSUs, and 259,611 additional PRSUs scheduled for future release.

Insider Trade Summary

Tax Withholding: 17,651 shares

Tax Withholding 1 txn

Insider Talluri Rajendra K

Role President and CEO

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock F1, F2	17,651	$4.72	$83K

Holdings After Transaction: Common Stock — 2,962,673 shares (Direct)

Footnotes (2)

1. 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").
2. F2. Includes 1,801,739 shares issuable upon the vesting and settlement of RSUs granted to the Reporting Person, as well as: (i) 47,775 vested performance restricted stock units ("PRSUs"), which will be released to the Reporting Person in March 2027, and (ii) an aggregate of 259,611 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.

Key Figures

Shares withheld for taxes: 17,651 shares Tax-withholding price: $4.72 per share Shares following transaction: 2,962,673 shares +3 more

6 metrics

Shares withheld for taxes 17,651 shares Common stock withheld on 2026-07-18 to satisfy RSU tax obligations

Tax-withholding price $4.72 per share Implied value per share for withheld common stock

Shares following transaction 2,962,673 shares Total direct beneficial ownership after the tax-withholding disposition

RSUs issuable 1,801,739 shares Shares issuable upon vesting and settlement of RSUs held by the CEO

Vested PRSUs 47,775 PRSUs Vested performance RSUs to be released to the CEO in March 2027

Unreleased PRSUs 259,611 PRSUs Aggregate PRSUs, 50% to be released April 2027 and remainder April 2028

Key Terms

restricted stock units ("RSUs"), performance restricted stock units ("PRSUs"), tax withholding obligations, contingent right

4 terms

restricted stock units ("RSUs") financial

"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 1,801,739 shares issuable upon the vesting and settlement of RSUs granted to the Reporting Person, as well as: (i) 47,775 vested performance restricted stock units ("PRSUs"),"

tax withholding obligations financial

"to satisfy tax withholding obligations in connection with the vesting of restricted stock units"

contingent right financial

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

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Enovix (ENVX) CEO Rajendra K. Talluri report?

He reported a tax-withholding disposition of 17,651 Enovix common shares at $4.72 per share. These shares were withheld to satisfy tax obligations triggered by the vesting of restricted stock units (RSUs), rather than an open-market sale.

How many Enovix (ENVX) shares were withheld for the CEO's RSU taxes?

A total of 17,651 shares of Enovix common stock were withheld to cover tax withholding obligations tied to RSU vesting. The implied value used for this withholding was $4.72 per share, as reported in the Form 4 transaction details.

What is Rajendra Talluri's Enovix (ENVX) share ownership after this transaction?

Following the tax-withholding event, he beneficially owns 2,962,673 Enovix shares. This figure includes 1,801,739 shares issuable upon RSU vesting, 47,775 vested PRSUs, and 259,611 additional PRSUs scheduled for future release in 2027 and 2028.

What RSU and PRSU awards does the Enovix (ENVX) CEO currently hold?

He holds RSUs representing 1,801,739 shares, plus 47,775 vested PRSUs to be released in March 2027 and an aggregate of 259,611 PRSUs, with half scheduled for April 2027 release and the remainder in April 2028.

Was the Enovix (ENVX) CEO's Form 4 transaction under a Rule 10b5-1 trading plan?

The Form 4’s Rule 10b5-1 checkbox is not marked as affirmed, and there is no footnote stating the transaction was made under a trading plan. The reported disposition reflects tax withholding on RSU vesting rather than a pre-arranged sale program.

How do the Enovix (ENVX) CEO's PRSUs convert into common stock?

Each performance restricted stock unit (PRSU) represents a contingent right to receive one Enovix common share upon settlement. This applies to both the 47,775 vested PRSUs and the 259,611 additional PRSUs that are scheduled for future release dates.

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

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Accepted by SEC EDGAR 07/21/2026 - 08:51 PM EDT Learn about SEC filing dates

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^*

Talluri Rajendra K

(Last) (First) (Middle)

C/O ENOVIX CORPORATION

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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President and CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/18/2026

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	07/18/2026		F		17,651(1)	D	$4.72	2,962,673(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 1,801,739 shares issuable upon the vesting and settlement of RSUs granted to the Reporting Person, as well as: (i) 47,775 vested performance restricted stock units ("PRSUs"), which will be released to the Reporting Person in March 2027, and (ii) an aggregate of 259,611 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.

Remarks:

	/s/ Arthi Chakravarthy, Attorney-in-Fact for Raj Talluri	07/21/2026
	** 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)