STOCK TITAN

[Form 4] Enovix Corporation Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Enovix Corporation (ENVX) – Form 4 Insider Transaction: President & CEO Rajendra K. Talluri filed a Form 4 reporting an internal share-withholding transaction on 18 June 2025. The filing shows that 17,617 shares of common stock were withheld by the company (transaction code F) to satisfy statutory tax obligations triggered by the same-day vesting of restricted stock units (RSUs). The shares were valued at $8.50 per share, implying a total tax-settlement value of roughly $149,745.

Post-transaction, Talluri’s beneficial ownership stands at 2,433,335 ENVX shares, of which 1,991,958 shares relate to un-settled RSUs that will convert to common stock upon future vesting. No open-market buying or selling occurred; the transaction is purely administrative and does not change the executive’s economic exposure in a meaningful way. There were no derivative securities acquired or disposed of beyond the RSU conversion noted above, and no changes in indirect ownership were reported.

The filing is routine and primarily relevant for corporate-governance transparency rather than indicating a directional view on the company’s prospects. Investors should view the event as neutral: the CEO continues to hold a substantial equity stake, and no liquidity sale was executed.

Enovix Corporation (ENVX) – Transazione interna Form 4: Il Presidente e CEO Rajendra K. Talluri ha presentato un modulo Form 4 il 18 giugno 2025, riportando un’operazione di ritenzione interna di azioni. Il documento indica che 17.617 azioni ordinarie sono state trattenute dalla società (codice transazione F) per adempiere agli obblighi fiscali derivanti dalla maturazione contestuale di unità azionarie vincolate (RSU). Le azioni sono state valutate a 8,50 $ ciascuna, per un valore totale di regolamento fiscale di circa 149.745 $.

Dopo la transazione, la proprietà effettiva di Talluri ammonta a 2.433.335 azioni ENVX, di cui 1.991.958 sono RSU non ancora convertite che diventeranno azioni ordinarie al momento della futura maturazione. Non si sono verificati acquisti o vendite sul mercato aperto; la transazione è puramente amministrativa e non modifica in modo significativo l’esposizione economica dell’amministratore delegato. Non sono stati acquisiti o ceduti strumenti derivati oltre alla conversione delle RSU sopra menzionata, né sono stati segnalati cambiamenti nella proprietà indiretta.

La presentazione è di routine e rilevante principalmente per la trasparenza nella governance aziendale, senza indicare una posizione direzionale sulle prospettive della società. Gli investitori dovrebbero considerare l’evento come neutrale: il CEO mantiene una partecipazione azionaria significativa e non è stata effettuata alcuna vendita di liquidità.

Enovix Corporation (ENVX) – Transacción interna Formulario 4: El presidente y CEO Rajendra K. Talluri presentó un Formulario 4 el 18 de junio de 2025, reportando una transacción interna de retención de acciones. El documento muestra que 17,617 acciones comunes fueron retenidas por la empresa (código de transacción F) para cumplir con obligaciones fiscales derivadas del otorgamiento simultáneo de unidades de acciones restringidas (RSU). Las acciones se valoraron en 8,50 $ por acción, implicando un valor total de liquidación fiscal de aproximadamente 149,745 $.

Tras la transacción, la propiedad beneficiaria de Talluri es de 2,433,335 acciones ENVX, de las cuales 1,991,958 son RSU pendientes de conversión que pasarán a acciones comunes al vestirse en el futuro. No hubo compras ni ventas en el mercado abierto; la transacción es puramente administrativa y no cambia significativamente la exposición económica del ejecutivo. No se adquirieron ni vendieron valores derivados más allá de la conversión mencionada de las RSU, ni se reportaron cambios en la propiedad indirecta.

La presentación es rutinaria y relevante principalmente para la transparencia de la gobernanza corporativa, sin indicar una postura direccional sobre las perspectivas de la empresa. Los inversores deben considerar el evento como neutral: el CEO mantiene una participación accionaria sustancial y no se realizó ninguna venta de liquidez.

Enovix Corporation (ENVX) – 내부자 거래 Form 4 보고: 사장 겸 CEO Rajendra K. Talluri가 2025년 6월 18일 내부 주식 보유 거래를 보고하는 Form 4를 제출했습니다. 제출서에 따르면, 17,617주의 보통주가 회사에 의해 (거래 코드 F) 동일일 제한 주식 단위(RSU)의 권리 취득에 따른 법정 세금 의무를 충족하기 위해 보류되었습니다. 주당 가치는 $8.50로 평가되었으며, 총 세금 정산 가치는 약 $149,745에 달합니다.

거래 후 Talluri의 실질 소유 주식은 2,433,335 ENVX 주식이며, 이 중 1,991,958주는 미래 권리 취득 시 보통주로 전환될 미결제 RSU입니다. 공개 시장에서의 매매는 없었으며, 이 거래는 순수히 행정적인 것으로 경영진의 경제적 노출에 의미 있는 변화를 주지 않습니다. 위에서 언급한 RSU 전환 외에 파생상품의 취득 또는 처분은 없었고, 간접 소유권 변동도 보고되지 않았습니다.

이 제출은 일상적인 절차로, 회사 전망에 대한 방향성 신호보다는 기업 지배구조 투명성을 위한 것입니다. 투자자들은 이 사건을 중립적으로 봐야 하며, CEO는 상당한 지분을 계속 보유하고 있고 유동성 매각은 이루어지지 않았습니다.

Enovix Corporation (ENVX) – Transaction interne Formulaire 4 : Le président-directeur général Rajendra K. Talluri a déposé un Formulaire 4 le 18 juin 2025, signalant une opération de retenue d’actions interne. Le dépôt indique que 17 617 actions ordinaires ont été retenues par la société (code transaction F) pour satisfaire aux obligations fiscales légales déclenchées par la levée des unités d’actions restreintes (RSU) le même jour. Les actions ont été évaluées à 8,50 $ chacune, impliquant une valeur totale de règlement fiscal d’environ 149 745 $.

Après la transaction, la propriété effective de Talluri s’élève à 2 433 335 actions ENVX, dont 1 991 958 actions correspondent à des RSU non encore réglées qui seront converties en actions ordinaires lors de leur acquisition future. Aucune transaction d’achat ou de vente sur le marché ouvert n’a eu lieu ; la transaction est purement administrative et ne modifie pas de manière significative l’exposition économique du dirigeant. Aucun titre dérivé n’a été acquis ou cédé en dehors de la conversion des RSU mentionnée ci-dessus, et aucun changement de propriété indirecte n’a été signalé.

Le dépôt est de routine et principalement pertinent pour la transparence de la gouvernance d’entreprise, sans indiquer une orientation sur les perspectives de la société. Les investisseurs doivent considérer l’événement comme neutre : le PDG continue de détenir une participation importante et aucune vente de liquidité n’a été réalisée.

Enovix Corporation (ENVX) – Form 4 Insider-Transaktion: Präsident und CEO Rajendra K. Talluri reichte am 18. Juni 2025 ein Form 4 ein, das eine interne Aktienrückbehaltung meldet. Die Einreichung zeigt, dass 17.617 Stammaktien vom Unternehmen (Transaktionscode F) einbehalten wurden, um gesetzliche Steuerverpflichtungen zu erfüllen, die durch die am selben Tag erfolgte Vesting von Restricted Stock Units (RSUs) ausgelöst wurden. Die Aktien wurden mit 8,50 $ pro Aktie bewertet, was einen Gesamtsteuerabwicklungswert von etwa 149.745 $ ergibt.

Nach der Transaktion hält Talluri eine wirtschaftliche Beteiligung von 2.433.335 ENVX-Aktien, davon 1.991.958 Aktien unbeglichene RSUs, die bei zukünftiger Vesting in Stammaktien umgewandelt werden. Es gab keine Käufe oder Verkäufe am offenen Markt; die Transaktion ist rein administrativ und ändert die wirtschaftliche Exponierung des Geschäftsführers nicht wesentlich. Es wurden keine Derivate außer der oben genannten RSU-Umwandlung erworben oder veräußert, und es wurden keine Änderungen im indirekten Besitz gemeldet.

Die Einreichung ist routinemäßig und hauptsächlich für die Transparenz der Unternehmensführung relevant, ohne eine richtungsweisende Einschätzung der Unternehmensperspektiven darzustellen. Investoren sollten das Ereignis als neutral betrachten: Der CEO hält weiterhin eine bedeutende Beteiligung, und es wurde kein Liquiditätsverkauf durchgeführt.

Positive
  • None.
Negative
  • None.

Insights

TL;DR Neutral administrative Form 4: 17,617 shares withheld for taxes; CEO still owns 2.43 million ENVX shares, including 1.99 million RSUs.

The F-code transaction reflects mandatory tax withholding from RSU vesting. Because the shares never reached the open market, the action does not signal insider sentiment. Talluri’s remaining stake represents a material 2.43 million shares, preserving strong alignment with shareholders. No derivatives were exercised, and no new options granted, leaving capital-structure impact immaterial. Overall market impact is limited; investors should monitor future RSU vesting schedules but need not adjust valuation models based on this filing.

Enovix Corporation (ENVX) – Transazione interna Form 4: Il Presidente e CEO Rajendra K. Talluri ha presentato un modulo Form 4 il 18 giugno 2025, riportando un’operazione di ritenzione interna di azioni. Il documento indica che 17.617 azioni ordinarie sono state trattenute dalla società (codice transazione F) per adempiere agli obblighi fiscali derivanti dalla maturazione contestuale di unità azionarie vincolate (RSU). Le azioni sono state valutate a 8,50 $ ciascuna, per un valore totale di regolamento fiscale di circa 149.745 $.

Dopo la transazione, la proprietà effettiva di Talluri ammonta a 2.433.335 azioni ENVX, di cui 1.991.958 sono RSU non ancora convertite che diventeranno azioni ordinarie al momento della futura maturazione. Non si sono verificati acquisti o vendite sul mercato aperto; la transazione è puramente amministrativa e non modifica in modo significativo l’esposizione economica dell’amministratore delegato. Non sono stati acquisiti o ceduti strumenti derivati oltre alla conversione delle RSU sopra menzionata, né sono stati segnalati cambiamenti nella proprietà indiretta.

La presentazione è di routine e rilevante principalmente per la trasparenza nella governance aziendale, senza indicare una posizione direzionale sulle prospettive della società. Gli investitori dovrebbero considerare l’evento come neutrale: il CEO mantiene una partecipazione azionaria significativa e non è stata effettuata alcuna vendita di liquidità.

Enovix Corporation (ENVX) – Transacción interna Formulario 4: El presidente y CEO Rajendra K. Talluri presentó un Formulario 4 el 18 de junio de 2025, reportando una transacción interna de retención de acciones. El documento muestra que 17,617 acciones comunes fueron retenidas por la empresa (código de transacción F) para cumplir con obligaciones fiscales derivadas del otorgamiento simultáneo de unidades de acciones restringidas (RSU). Las acciones se valoraron en 8,50 $ por acción, implicando un valor total de liquidación fiscal de aproximadamente 149,745 $.

Tras la transacción, la propiedad beneficiaria de Talluri es de 2,433,335 acciones ENVX, de las cuales 1,991,958 son RSU pendientes de conversión que pasarán a acciones comunes al vestirse en el futuro. No hubo compras ni ventas en el mercado abierto; la transacción es puramente administrativa y no cambia significativamente la exposición económica del ejecutivo. No se adquirieron ni vendieron valores derivados más allá de la conversión mencionada de las RSU, ni se reportaron cambios en la propiedad indirecta.

La presentación es rutinaria y relevante principalmente para la transparencia de la gobernanza corporativa, sin indicar una postura direccional sobre las perspectivas de la empresa. Los inversores deben considerar el evento como neutral: el CEO mantiene una participación accionaria sustancial y no se realizó ninguna venta de liquidez.

Enovix Corporation (ENVX) – 내부자 거래 Form 4 보고: 사장 겸 CEO Rajendra K. Talluri가 2025년 6월 18일 내부 주식 보유 거래를 보고하는 Form 4를 제출했습니다. 제출서에 따르면, 17,617주의 보통주가 회사에 의해 (거래 코드 F) 동일일 제한 주식 단위(RSU)의 권리 취득에 따른 법정 세금 의무를 충족하기 위해 보류되었습니다. 주당 가치는 $8.50로 평가되었으며, 총 세금 정산 가치는 약 $149,745에 달합니다.

거래 후 Talluri의 실질 소유 주식은 2,433,335 ENVX 주식이며, 이 중 1,991,958주는 미래 권리 취득 시 보통주로 전환될 미결제 RSU입니다. 공개 시장에서의 매매는 없었으며, 이 거래는 순수히 행정적인 것으로 경영진의 경제적 노출에 의미 있는 변화를 주지 않습니다. 위에서 언급한 RSU 전환 외에 파생상품의 취득 또는 처분은 없었고, 간접 소유권 변동도 보고되지 않았습니다.

이 제출은 일상적인 절차로, 회사 전망에 대한 방향성 신호보다는 기업 지배구조 투명성을 위한 것입니다. 투자자들은 이 사건을 중립적으로 봐야 하며, CEO는 상당한 지분을 계속 보유하고 있고 유동성 매각은 이루어지지 않았습니다.

Enovix Corporation (ENVX) – Transaction interne Formulaire 4 : Le président-directeur général Rajendra K. Talluri a déposé un Formulaire 4 le 18 juin 2025, signalant une opération de retenue d’actions interne. Le dépôt indique que 17 617 actions ordinaires ont été retenues par la société (code transaction F) pour satisfaire aux obligations fiscales légales déclenchées par la levée des unités d’actions restreintes (RSU) le même jour. Les actions ont été évaluées à 8,50 $ chacune, impliquant une valeur totale de règlement fiscal d’environ 149 745 $.

Après la transaction, la propriété effective de Talluri s’élève à 2 433 335 actions ENVX, dont 1 991 958 actions correspondent à des RSU non encore réglées qui seront converties en actions ordinaires lors de leur acquisition future. Aucune transaction d’achat ou de vente sur le marché ouvert n’a eu lieu ; la transaction est purement administrative et ne modifie pas de manière significative l’exposition économique du dirigeant. Aucun titre dérivé n’a été acquis ou cédé en dehors de la conversion des RSU mentionnée ci-dessus, et aucun changement de propriété indirecte n’a été signalé.

Le dépôt est de routine et principalement pertinent pour la transparence de la gouvernance d’entreprise, sans indiquer une orientation sur les perspectives de la société. Les investisseurs doivent considérer l’événement comme neutre : le PDG continue de détenir une participation importante et aucune vente de liquidité n’a été réalisée.

Enovix Corporation (ENVX) – Form 4 Insider-Transaktion: Präsident und CEO Rajendra K. Talluri reichte am 18. Juni 2025 ein Form 4 ein, das eine interne Aktienrückbehaltung meldet. Die Einreichung zeigt, dass 17.617 Stammaktien vom Unternehmen (Transaktionscode F) einbehalten wurden, um gesetzliche Steuerverpflichtungen zu erfüllen, die durch die am selben Tag erfolgte Vesting von Restricted Stock Units (RSUs) ausgelöst wurden. Die Aktien wurden mit 8,50 $ pro Aktie bewertet, was einen Gesamtsteuerabwicklungswert von etwa 149.745 $ ergibt.

Nach der Transaktion hält Talluri eine wirtschaftliche Beteiligung von 2.433.335 ENVX-Aktien, davon 1.991.958 Aktien unbeglichene RSUs, die bei zukünftiger Vesting in Stammaktien umgewandelt werden. Es gab keine Käufe oder Verkäufe am offenen Markt; die Transaktion ist rein administrativ und ändert die wirtschaftliche Exponierung des Geschäftsführers nicht wesentlich. Es wurden keine Derivate außer der oben genannten RSU-Umwandlung erworben oder veräußert, und es wurden keine Änderungen im indirekten Besitz gemeldet.

Die Einreichung ist routinemäßig und hauptsächlich für die Transparenz der Unternehmensführung relevant, ohne eine richtungsweisende Einschätzung der Unternehmensperspektiven darzustellen. Investoren sollten das Ereignis als neutral betrachten: Der CEO hält weiterhin eine bedeutende Beteiligung, und es wurde kein Liquiditätsverkauf durchgeführt.

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 CA 94538

(City) (State) (Zip)
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
3. Date of Earliest Transaction (Month/Day/Year)
06/18/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 06/18/2025 F 17,617(1) D $8.5 2,433,335(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") on June 18, 2025. Each RSU represents a contingent right to receive one share of the Issuer's common stock.
2. Includes 1,991,958 shares issuable upon the settlement of RSUs granted to the Reporting Person.
Remarks:
/s/ Arthi Chakravarthy, Attorney-in-Fact for Raj Talluri 06/20/2025
** 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.

FAQ

Why did ENVX CEO Raj Talluri dispose of 17,617 shares on 18 Jun 2025?

The shares were withheld to cover taxes due on the vesting of restricted stock units, coded "F" for tax withholding.

How many Enovix (ENVX) shares does Raj Talluri own after the Form 4 transaction?

He beneficially owns 2,433,335 shares, including 1,991,958 shares issuable from RSUs.

What does transaction code "F" mean in the ENVX Form 4?

Code F signifies payment of tax obligations by share withholding upon equity award vesting, not an open-market sale.

Were any ENVX shares sold on the open market in this filing?

No. The transaction involved internal share withholding only; no open-market sale occurred.

How many RSUs are included in Raj Talluri’s reported ownership?

The filing states 1,991,958 RSUs remain outstanding and will convert to common stock when vested.
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