SEC filing: Form 4 for Enovix Corporation (ENVX).
On 08 Jul 2025, President & CEO Rajendra K. Talluri reported a disposition of 17,925 common shares (transaction code F) valued at $13.44 per share. The shares were withheld by the company to cover tax obligations arising from the vesting of restricted stock units (RSUs); no open-market sale occurred.
After the withholding, Talluri directly owns 2,399,871 ENVX shares, including 1,928,640 shares that will be issued upon future RSU settlement. No derivative transactions were reported.
The event is routine, reflects regulatory compliance, and does not materially alter insider ownership or signal a strategic change.
Enovix Corp. (ENVX) – Form 4 insider transaction report filed 07/08/2025
- Reporting person: Kristina Truong, Chief Accounting Officer.
- Transactions: Two Code “F” dispositions (share withholding for tax on RSU vesting).
- 07/01/2025 – 2,220 common shares withheld at $10.15.
- 07/05/2025 – 637 common shares withheld at $11.39.
- Post-transaction ownership: 210,054 common shares, including 179,180 RSUs that remain outstanding.
- No open-market purchases or sales; activity is administrative to cover payroll tax obligations associated with restricted stock unit vesting.
The filing does not indicate any change in investment intent or strategic outlook; Truong continues to hold a substantial equity position.