STOCK TITAN

[Form 4] Enovix Corporation Insider Trading Activity

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

Enovix Corporation (ENVX) – Form 4 insider filing: Chief Legal Officer Arthi Chakravarthy reported an automatic share withholding related to the vesting of restricted stock units (RSUs) on 24 June 2025. The Form 4 lists 2,217 common shares withheld under transaction code “F,” which denotes payment of tax liabilities by retaining/disposing issuer shares rather than a discretionary market sale. The shares were valued at $8.60 each, implying an aggregate value of roughly $19 k for tax settlement purposes.

Following the withholding, Chakravarthy’s beneficial ownership stands at 438,951 common shares, of which 358,363 are still issuable upon settlement of unvested RSUs. Ownership is shown as direct. The filing contains no purchases, open-market sales, option exercises, or 10b5-1 plan indications, and therefore does not signal a change in investment sentiment. It is a routine administrative transaction that does not alter the executive’s net economic exposure to ENVX in a meaningful way.

Enovix Corporation (ENVX) – Comunicazione interna Form 4: Il Chief Legal Officer Arthi Chakravarthy ha segnalato una ritenuta automatica di azioni relativa al consolidamento di unità azionarie vincolate (RSU) il 24 giugno 2025. Nel Form 4 sono indicate 2.217 azioni ordinarie trattenute con il codice transazione “F,” che indica il pagamento delle imposte mediante la trattenuta o cessione di azioni dell’emittente anziché una vendita discrezionale sul mercato. Le azioni sono state valutate a $8,60 ciascuna, per un valore complessivo di circa $19.000 ai fini del saldo fiscale.

Dopo la ritenuta, la proprietà effettiva di Chakravarthy ammonta a 438.951 azioni ordinarie, di cui 358.363 sono ancora emettibili al momento della liquidazione delle RSU non maturate. La proprietà è indicata come diretta. La comunicazione non riporta acquisti, vendite sul mercato aperto, esercizi di opzioni o piani 10b5-1, e quindi non segnala una variazione nel sentimento d’investimento. Si tratta di una transazione amministrativa di routine che non modifica in modo significativo l’esposizione economica netta dell’esecutivo verso ENVX.

Enovix Corporation (ENVX) – Presentación interna Formulario 4: La Directora Legal Arthi Chakravarthy informó una retención automática de acciones relacionada con la consolidación de unidades restringidas de acciones (RSU) el 24 de junio de 2025. El Formulario 4 indica 2,217 acciones comunes retenidas bajo el código de transacción “F,” que denota el pago de obligaciones fiscales mediante la retención o disposición de acciones del emisor en lugar de una venta discrecional en el mercado. Las acciones se valoraron en $8.60 cada una, implicando un valor total aproximado de $19,000 para fines de liquidación fiscal.

Tras la retención, la propiedad beneficiaria de Chakravarthy es de 438,951 acciones comunes, de las cuales 358,363 aún están por emitirse al liquidar las RSU no consolidadas. La propiedad se muestra como directa. La presentación no contiene compras, ventas en mercado abierto, ejercicios de opciones ni indicaciones de planes 10b5-1, por lo que no señala un cambio en el sentimiento de inversión. Es una transacción administrativa rutinaria que no altera de manera significativa la exposición económica neta del ejecutivo a ENVX.

Enovix Corporation (ENVX) – 내부자 Form 4 신고: 최고 법률 책임자 아르티 차크라바르티는 2025년 6월 24일 제한 주식 단위(RSUs) 취득과 관련된 자동 주식 원천징수를 보고했습니다. Form 4에는 거래 코드 “F”에 따라 2,217 보통주가 원천징수된 것으로 나와 있으며, 이는 임의의 시장 판매 대신 발행인 주식을 보유하거나 처분하여 세금 의무를 납부했음을 의미합니다. 주당 가치는 $8.60로 평가되어 세금 정산 목적으로 총 약 $19,000 상당입니다.

원천징수 후 차크라바르티의 실질 소유 주식은 438,951 보통주이며, 이 중 358,363주는 아직 미취득 RSU 정산 시 발행될 예정입니다. 소유권은 직접 소유로 표시되어 있습니다. 이 신고에는 매수, 공개시장 매도, 옵션 행사 또는 10b5-1 계획 관련 내용이 없으며, 투자 심리 변화 신호가 아닙니다. 이는 경영진의 ENVX에 대한 순경제적 노출에 실질적인 변화를 주지 않는 일상적인 행정 거래입니다.

Enovix Corporation (ENVX) – Déclaration interne Formulaire 4 : La Directrice Juridique Arthi Chakravarthy a signalé une retenue automatique d’actions liée à l’acquisition de Restricted Stock Units (RSU) le 24 juin 2025. Le Formulaire 4 indique 2 217 actions ordinaires retenues sous le code de transaction « F », qui désigne le paiement des obligations fiscales par la conservation ou la cession d’actions de l’émetteur plutôt que par une vente discrétionnaire sur le marché. Les actions ont été évaluées à 8,60 $ chacune, ce qui implique une valeur totale d’environ 19 000 $ à des fins de règlement fiscal.

Après cette retenue, la détention bénéficiaire de Chakravarthy s’élève à 438 951 actions ordinaires, dont 358 363 sont encore à émettre lors du règlement des RSU non acquises. La propriété est indiquée comme directe. La déclaration ne comporte ni achats, ni ventes sur le marché libre, ni exercices d’options, ni indications de plan 10b5-1, et ne signale donc aucun changement dans le sentiment d’investissement. Il s’agit d’une transaction administrative de routine qui ne modifie pas de manière significative l’exposition économique nette de la dirigeante à ENVX.

Enovix Corporation (ENVX) – Insider-Meldung Form 4: Chief Legal Officer Arthi Chakravarthy meldete am 24. Juni 2025 eine automatische Aktieneinbehaltung im Zusammenhang mit der Vesting von Restricted Stock Units (RSUs). Im Form 4 sind 2.217 Stammaktien unter dem Transaktionscode „F“ aufgeführt, der die Begleichung von Steuerverbindlichkeiten durch Zurückhaltung/Veräußerung von Emittentenaktien anstelle eines freiwilligen Marktverkaufs bezeichnet. Die Aktien wurden mit 8,60 $ pro Stück bewertet, was einen Gesamtwert von etwa 19.000 $ für Steuerzwecke bedeutet.

Nach der Einbehaltung hält Chakravarthy 438.951 Stammaktien direkt, davon sind 358.363 noch ausstehend und werden bei der Abrechnung der nicht vesteten RSUs ausgegeben. Die Eigentümerschaft wird als direkt angegeben. Die Meldung enthält keine Käufe, Verkäufe am offenen Markt, Optionsausübungen oder Hinweise auf 10b5-1-Pläne und signalisiert somit keine Änderung der Investitionsstimmung. Es handelt sich um eine routinemäßige administrative Transaktion, die die Nettoökonomie des Executives bezüglich ENVX nicht wesentlich verändert.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Routine tax-withholding; ownership essentially unchanged, no market signal.

The F-code withholding of 2,217 shares (<1% of the officer’s stake) is a non-discretionary event triggered by RSU vesting. Post-transaction holdings of 438,951 shares (incl. 358,363 RSUs) indicate sustained alignment with shareholders. No implication for earnings, liquidity, or capital structure. Market impact should be negligible given ENVX’s average daily volume and the small dollar amount (~$19 k).

TL;DR: Administrative Form 4; complies with Section 16 reporting, neutral governance signal.

The executive filed within two business days, adhering to SEC timeliness. No 10b5-1 plan box was checked, reaffirming the non-discretionary nature of the withholding. Such filings maintain transparency but do not convey strategic intent. Insider’s continued large position (≈439 k shares) supports incentive alignment. Overall governance impact neutral.

Enovix Corporation (ENVX) – Comunicazione interna Form 4: Il Chief Legal Officer Arthi Chakravarthy ha segnalato una ritenuta automatica di azioni relativa al consolidamento di unità azionarie vincolate (RSU) il 24 giugno 2025. Nel Form 4 sono indicate 2.217 azioni ordinarie trattenute con il codice transazione “F,” che indica il pagamento delle imposte mediante la trattenuta o cessione di azioni dell’emittente anziché una vendita discrezionale sul mercato. Le azioni sono state valutate a $8,60 ciascuna, per un valore complessivo di circa $19.000 ai fini del saldo fiscale.

Dopo la ritenuta, la proprietà effettiva di Chakravarthy ammonta a 438.951 azioni ordinarie, di cui 358.363 sono ancora emettibili al momento della liquidazione delle RSU non maturate. La proprietà è indicata come diretta. La comunicazione non riporta acquisti, vendite sul mercato aperto, esercizi di opzioni o piani 10b5-1, e quindi non segnala una variazione nel sentimento d’investimento. Si tratta di una transazione amministrativa di routine che non modifica in modo significativo l’esposizione economica netta dell’esecutivo verso ENVX.

Enovix Corporation (ENVX) – Presentación interna Formulario 4: La Directora Legal Arthi Chakravarthy informó una retención automática de acciones relacionada con la consolidación de unidades restringidas de acciones (RSU) el 24 de junio de 2025. El Formulario 4 indica 2,217 acciones comunes retenidas bajo el código de transacción “F,” que denota el pago de obligaciones fiscales mediante la retención o disposición de acciones del emisor en lugar de una venta discrecional en el mercado. Las acciones se valoraron en $8.60 cada una, implicando un valor total aproximado de $19,000 para fines de liquidación fiscal.

Tras la retención, la propiedad beneficiaria de Chakravarthy es de 438,951 acciones comunes, de las cuales 358,363 aún están por emitirse al liquidar las RSU no consolidadas. La propiedad se muestra como directa. La presentación no contiene compras, ventas en mercado abierto, ejercicios de opciones ni indicaciones de planes 10b5-1, por lo que no señala un cambio en el sentimiento de inversión. Es una transacción administrativa rutinaria que no altera de manera significativa la exposición económica neta del ejecutivo a ENVX.

Enovix Corporation (ENVX) – 내부자 Form 4 신고: 최고 법률 책임자 아르티 차크라바르티는 2025년 6월 24일 제한 주식 단위(RSUs) 취득과 관련된 자동 주식 원천징수를 보고했습니다. Form 4에는 거래 코드 “F”에 따라 2,217 보통주가 원천징수된 것으로 나와 있으며, 이는 임의의 시장 판매 대신 발행인 주식을 보유하거나 처분하여 세금 의무를 납부했음을 의미합니다. 주당 가치는 $8.60로 평가되어 세금 정산 목적으로 총 약 $19,000 상당입니다.

원천징수 후 차크라바르티의 실질 소유 주식은 438,951 보통주이며, 이 중 358,363주는 아직 미취득 RSU 정산 시 발행될 예정입니다. 소유권은 직접 소유로 표시되어 있습니다. 이 신고에는 매수, 공개시장 매도, 옵션 행사 또는 10b5-1 계획 관련 내용이 없으며, 투자 심리 변화 신호가 아닙니다. 이는 경영진의 ENVX에 대한 순경제적 노출에 실질적인 변화를 주지 않는 일상적인 행정 거래입니다.

Enovix Corporation (ENVX) – Déclaration interne Formulaire 4 : La Directrice Juridique Arthi Chakravarthy a signalé une retenue automatique d’actions liée à l’acquisition de Restricted Stock Units (RSU) le 24 juin 2025. Le Formulaire 4 indique 2 217 actions ordinaires retenues sous le code de transaction « F », qui désigne le paiement des obligations fiscales par la conservation ou la cession d’actions de l’émetteur plutôt que par une vente discrétionnaire sur le marché. Les actions ont été évaluées à 8,60 $ chacune, ce qui implique une valeur totale d’environ 19 000 $ à des fins de règlement fiscal.

Après cette retenue, la détention bénéficiaire de Chakravarthy s’élève à 438 951 actions ordinaires, dont 358 363 sont encore à émettre lors du règlement des RSU non acquises. La propriété est indiquée comme directe. La déclaration ne comporte ni achats, ni ventes sur le marché libre, ni exercices d’options, ni indications de plan 10b5-1, et ne signale donc aucun changement dans le sentiment d’investissement. Il s’agit d’une transaction administrative de routine qui ne modifie pas de manière significative l’exposition économique nette de la dirigeante à ENVX.

Enovix Corporation (ENVX) – Insider-Meldung Form 4: Chief Legal Officer Arthi Chakravarthy meldete am 24. Juni 2025 eine automatische Aktieneinbehaltung im Zusammenhang mit der Vesting von Restricted Stock Units (RSUs). Im Form 4 sind 2.217 Stammaktien unter dem Transaktionscode „F“ aufgeführt, der die Begleichung von Steuerverbindlichkeiten durch Zurückhaltung/Veräußerung von Emittentenaktien anstelle eines freiwilligen Marktverkaufs bezeichnet. Die Aktien wurden mit 8,60 $ pro Stück bewertet, was einen Gesamtwert von etwa 19.000 $ für Steuerzwecke bedeutet.

Nach der Einbehaltung hält Chakravarthy 438.951 Stammaktien direkt, davon sind 358.363 noch ausstehend und werden bei der Abrechnung der nicht vesteten RSUs ausgegeben. Die Eigentümerschaft wird als direkt angegeben. Die Meldung enthält keine Käufe, Verkäufe am offenen Markt, Optionsausübungen oder Hinweise auf 10b5-1-Pläne und signalisiert somit keine Änderung der Investitionsstimmung. Es handelt sich um eine routinemäßige administrative Transaktion, die die Nettoökonomie des Executives bezüglich ENVX nicht wesentlich verändert.

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*
Chakravarthy Arthi

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Legal Officer
3. Date of Earliest Transaction (Month/Day/Year)
06/24/2025
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 06/24/2025 F 2,217(1) D $8.6 438,951(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 24, 2025. Each RSU represents a contingent right to receive one share of the Issuer's common stock.
2. Includes 358,363 shares issuable upon the settlement of RSUs granted to the Reporting Person.
Remarks:
/s/ Arthi Chakravarthy 06/26/2025
** 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

What did Enovix (ENVX) disclose in the latest Form 4?

Chief Legal Officer Arthi Chakravarthy reported an F-code tax-withholding of 2,217 common shares on 24 June 2025.

How many ENVX shares does the executive own after the transaction?

Post-withholding, Chakravarthy beneficially owns 438,951 shares, including 358,363 unvested RSUs.

Was this a discretionary sale on the open market?

No. The “F” transaction code indicates shares were withheld solely to cover taxes due at RSU vesting.

What price was used for the share withholding?

The shares were valued at $8.60 per share for tax purposes.

Did the filing reference a Rule 10b5-1 trading plan?

No. The 10b5-1 box was not selected, underscoring that the transaction was non-plan and automatic.

When were the Form 4 and the underlying transaction dated?

Transaction date: 24 June 2025; Form 4 signed and filed on 26 June 2025.
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