[Form 4] Enovix Corporation Insider Trading Activity

Rhea-AI Filing Summary

Enovix Corp (ENVX) – Form 4 insider filing

Chief Accounting Officer Kristina Truong reported a Code F transaction on 07/13/2025, indicating that 1,013 common shares were withheld to cover taxes upon the vesting of restricted stock units (RSUs). The shares were valued at $14.07 each, an implied tax-withholding value of roughly $14,200. Following the withholding, the insider’s direct beneficial ownership stands at 207,112 common shares, which includes 173,617 un-settled RSUs.

No open-market purchases or sales occurred, and no new derivative positions were created or exercised. The filing is largely administrative, reflecting routine equity compensation settlement rather than a discretionary trade.

Insights

Securities Analyst

TL;DR: Routine RSU tax-withholding; immaterial impact, ownership remains >200k shares.

The Code F disposition signals an automatic share withholding to satisfy tax obligations tied to RSU vesting, not a discretionary sale. Only 1,013 shares (<1% of the insider’s post-transaction holdings) were removed, leaving 207,112 shares under beneficial ownership, of which 173,617 are still un-settled RSUs. The dollar value (~$14k) is negligible relative to Enovix’s daily trading volume and market capitalization. Consequently, the filing is neutral for investors, offering no insight into management’s outlook or operational performance.

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 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 Accounting Officer

3. Date of Earliest Transaction (Month/Day/Year)
07/13/2025

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	07/13/2025		F		1,013(1)	D	$14.07	207,112(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 July 13, 2025. Each RSU represents a contingent right to receive one share of the Issuer's common stock.

2. Includes 173,617 shares issuable upon the settlement of RSUs granted to the Reporting Person.

Remarks:

	/s/ Arthi Chakravarthy, Attorney-in-Fact for Kristina Truong	07/14/2025
	** 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 transaction did Enovix (ENVX) report on Form 4?

A Code F disposition of 1,013 common shares withheld for taxes upon RSU vesting on 07/13/2025.

Who is the reporting insider in the ENVX Form 4 filing?

Kristina Truong, Chief Accounting Officer of Enovix Corporation.

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

The insider beneficially owns 207,112 common shares, including 173,617 shares underlying RSUs.

Did the filing involve open-market buying or selling of ENVX stock?

No. The shares were automatically withheld for tax purposes; no open-market activity occurred.

What was the price used for the tax-withholding shares?

The shares were valued at $14.07 each according to the filing.