[Form 4] Enovix Corp Insider Trading Activity
Insider transfer and holdings update: Thurman J. Rodgers, a director and greater-than-10% owner of Enovix Corporation, reported transactions on 09/18/2025. He transferred 5,635 shares to the Rodgers Massey Revocable Living Trust dated 4/4/11, of which he is trustee and retains voting and dispositive power. On the same date, 5,635 shares were acquired (reported as an acquisition at $0). Following these transactions, Rodgers directly holds 16,908 shares reported as issuable upon settlement of restricted stock units (RSUs) and indirectly holds additional shares through trust accounts, including 1,120,114 shares held in a trust and other trust-held shares, with total indirect beneficial ownership noted as 20,864,042 shares.
Trasferimento di insider e aggiornamento sulle detenzioni: Thurman J. Rodgers, amministratore e detentore di oltre il 10% delle azioni della Enovix Corporation, ha riferito transazioni il 18/09/2025. Ha trasferito 5.635 azioni al Rodgers Massey Revocable Living Trust datato 4/4/11, di cui è trustee e mantiene potere di voto e disposizione. Nello stesso giorno, 5.635 azioni sono state acquisite (riportate come acquisizione a $0). A seguito di queste transazioni, Rodgers detiene direttamente 16.908 azioni riportate come emittibili al settlement di unit di stock restritta (RSU) e detiene anche azioni aggiuntive indirettamente attraverso conti fiduciari, inclusi 1.120.114 azioni detenute in un trust e altre azioni detenute da trust, con la proprietà economica indiretta totale indicata come 20.864.042 azioni.
Actualización de transferencias y participaciones de insiders: Thurman J. Rodgers, director y titular de más del 10% de Enovix Corporation, reportó transacciones el 18/09/2025. Transferió 5,635 acciones al Rodgers Massey Revocable Living Trust con fecha 4/4/11, del cual es fideicomisario y conserva poder de voto y disposición. En la misma fecha, se adquirieron 5,635 acciones (registradas como adquisición a $0). Tras estas transacciones, Rodgers posee directamente 16,908 acciones reportadas como susceptibles de liquidación al asentarse las RSU, y posee adicionalmente acciones de forma indirecta a través de cuentas en fideicomiso, incluyendo 1,120,114 acciones en un fideicomiso y otras acciones detenidas en fideicomisos, la titularidad beneficiosa indirecta total indicada como 20,864,042 acciones.
인터 insider 전근 및 보유 현황 업데이트: Enovix Corporation의 이사이자 10% 초과 지분 보유자인 Thurman J. Rodgers는 2025년 9월 18일 거래를 보고했습니다. 그는 2011년 4월 4일자로 작성된 Rodgers Massey Revocable Living Trust로 5,635주를 이체했으며, 그 신탁에서 수탁자이며 의결권 및 처분 권한을 보유합니다. 같은 날 5,635주가(0달러로) 취득으로 보고되었습니다. 이러한 거래 이후 Rodgers는 직접 보유 주식 16,908주를 보유하고 있으며 이 주식은 제한된 주식단위(RSU) 정산 시점에 발행 가능 주식으로 보고되며, 신탁 계정을 통해 간접적으로 추가 보유 주식을 보유하고 있습니다. 포함 사례로는 신탁에 보유된 1,120,114주와 기타 신탁 보유 주식이 있으며, 총 간접 수익 지분은 20,864,042주로 기재되어 있습니다.
Mise à jour des transactions d'initié et des détentions : Thurman J. Rodgers, administrateur et détenteur de plus de 10 % des actions d'Enovix Corporation, a signalé des transactions le 18/09/2025. Il a transféré 5 635 actions au Rodgers Massey Revocable Living Trust daté du 4/4/11, dont il est fiduciaire et conserve le pouvoir de vote et de disposition. À la même date, 5 635 actions ont été acquises (déclarées comme acquisition à 0 $). Suite à ces transactions, Rodgers détient directement 16 908 actions indiquées comme pouvant être émises lors du règlement des unités d’actions restreintes (RSU) et détient indirectement des actions supplémentaires via des comptes fiduciaires, y compris 1 120 114 actions détenues par un trust et d'autres actions détenues par des trusts, la propriété bénéficiaire indirecte totale étant indiquée comme 20 864 042 actions.
Insider-Transfer und Halte-Update: Thurman J. Rodgers, Direktor und größer-als-10%-Eigentümer der Enovix Corporation, meldete Transaktionen am 18.09.2025. Er hat 5.635 Aktien auf den Rodgers Massey Revocable Living Trust vom Datum 04/04/11 übertragen, in dem er Trustee ist und Stimm- und Verfügungsgewalt behält. Am selben Datum wurden ebenfalls 5.635 Aktien erworben (als Erwerb zu 0 $ gemeldet). Nach diesen Transaktionen hält Rodgers direkt 16.908 Aktien, die als bei der Abrechnung von Restricted Stock Units (RSUs) auszugeben gemeldet sind, und hält indirekt zusätzliche Aktien über Treuhandkonten, einschließlich 1.120.114 Aktien, die in einem Trust gehalten werden, und weitere treuhandgehaltende Aktien, wobei der insgesamt indirekte wirtschaftliche Eigentum mit 20.864.042 Aktien angegeben wird.
تحديث تحويلات insiders وملكيات: Thurman J. Rodgers، مدير ومالك يمتلك أكثر من 10% من أسهم Enovix Corporation، أبلغ عن معاملات في 18/09/2025. قام بنقل 5,635 سهمًا إلى Rodgers Massey Revocable Living Trust المؤرخ في 04/04/11، الذي يشغله كوصي ويحافظ على سلطة التصويت والتصرف. في نفس التاريخ، تم اكتساب 5,635 سهمًا (مُبلّغ عنها كاقتناء بمبلغ 0 دولار). عقب هذه المعاملات، يملك Rodgers مباشرةً 16,908 أسهم مُعلَن عنها كإصدار عند تسوية وحدات الأسهم المقيدة (RSUs)، كما يملك إضافيًا أسهمًا بشكل غير مباشر من خلال حسابات الثقة، بما في ذلك 1,120,114 سهمًا مُحتفظًا بها في صندوق ائتماني وأخرى محفوظة لدى ثقة، مع الإشارة إلى الملكية الفعلية غير المباشرة الإجمالية كـ20,864,042 سهمًا.
内部转让及持股更新：Enovix Corporation 的董事且持股超过10%的 Thurman J. Rodgers 于 2025-09-18 报告交易。他将 5,635 股转入日期为 2011-04-04 的 Rodgers Massey Revocable Living Trust（他为受托人，保留投票权及处置权）。同日，又以 0 美元的价格认购了 5,635 股。交易完成后，Rodgers 直接持有 16,908 股，列为在限制性股票单位（RSU）结算时可发出的股份，并通过信托账户间接持有额外股份，其中包括信托持有的 1,120,114 股及其他信托持有的股份，总的间接受益所有权为 20,864,042 股。
- Retention of control: Reporting person retains voting and dispositive power after transferring shares to trust, indicating continued oversight
- Transparency: Filing discloses RSU amounts (16,908) and trust holdings, providing clarity on potential future share issuance
- Concentration of ownership: Large indirect holdings (reported aggregate of 20,864,042 shares and 1,120,114 in a trust) may concentrate voting power
- Limited market signalling: Transactions are transfers to trusts and an acquisition at $0, offering little information about trading intent or liquidity actions
Insights
TL;DR: Trustee transfer consolidates control into trusts while retaining voting and dispositive power; large indirect holdings are material to governance.
Rodgers moved 5,635 shares into a revocable trust for which he is trustee, a common estate-planning step that does not change his control because he retains voting and dispositive authority. The filing also shows RSUs (16,908) that remain contingent rights to common stock. The disclosure of substantial indirect holdings (including 1,120,114 shares in one charitable trust and an aggregate indirect balance reported as 20,864,042) is significant for shareholder voting dynamics and potential future share-release schedules tied to RSU settlement.
TL;DR: Transactions appear administrative rather than market-driven; no purchase price or sale proceeds affecting valuation.
The Form 4 shows a transfer (code G) of 5,635 shares to a trust and an acquisition (code A) of 5,635 shares at $0, suggesting an internal reclassification or trust funding rather than an open-market trade. The presence of RSUs and large indirect trust holdings warrants monitoring for timing of RSU settlement and any subsequent change in beneficial ownership disclosures.
Trasferimento di insider e aggiornamento sulle detenzioni: Thurman J. Rodgers, amministratore e detentore di oltre il 10% delle azioni della Enovix Corporation, ha riferito transazioni il 18/09/2025. Ha trasferito 5.635 azioni al Rodgers Massey Revocable Living Trust datato 4/4/11, di cui è trustee e mantiene potere di voto e disposizione. Nello stesso giorno, 5.635 azioni sono state acquisite (riportate come acquisizione a $0). A seguito di queste transazioni, Rodgers detiene direttamente 16.908 azioni riportate come emittibili al settlement di unit di stock restritta (RSU) e detiene anche azioni aggiuntive indirettamente attraverso conti fiduciari, inclusi 1.120.114 azioni detenute in un trust e altre azioni detenute da trust, con la proprietà economica indiretta totale indicata come 20.864.042 azioni.
Actualización de transferencias y participaciones de insiders: Thurman J. Rodgers, director y titular de más del 10% de Enovix Corporation, reportó transacciones el 18/09/2025. Transferió 5,635 acciones al Rodgers Massey Revocable Living Trust con fecha 4/4/11, del cual es fideicomisario y conserva poder de voto y disposición. En la misma fecha, se adquirieron 5,635 acciones (registradas como adquisición a $0). Tras estas transacciones, Rodgers posee directamente 16,908 acciones reportadas como susceptibles de liquidación al asentarse las RSU, y posee adicionalmente acciones de forma indirecta a través de cuentas en fideicomiso, incluyendo 1,120,114 acciones en un fideicomiso y otras acciones detenidas en fideicomisos, la titularidad beneficiosa indirecta total indicada como 20,864,042 acciones.
인터 insider 전근 및 보유 현황 업데이트: Enovix Corporation의 이사이자 10% 초과 지분 보유자인 Thurman J. Rodgers는 2025년 9월 18일 거래를 보고했습니다. 그는 2011년 4월 4일자로 작성된 Rodgers Massey Revocable Living Trust로 5,635주를 이체했으며, 그 신탁에서 수탁자이며 의결권 및 처분 권한을 보유합니다. 같은 날 5,635주가(0달러로) 취득으로 보고되었습니다. 이러한 거래 이후 Rodgers는 직접 보유 주식 16,908주를 보유하고 있으며 이 주식은 제한된 주식단위(RSU) 정산 시점에 발행 가능 주식으로 보고되며, 신탁 계정을 통해 간접적으로 추가 보유 주식을 보유하고 있습니다. 포함 사례로는 신탁에 보유된 1,120,114주와 기타 신탁 보유 주식이 있으며, 총 간접 수익 지분은 20,864,042주로 기재되어 있습니다.
Mise à jour des transactions d'initié et des détentions : Thurman J. Rodgers, administrateur et détenteur de plus de 10 % des actions d'Enovix Corporation, a signalé des transactions le 18/09/2025. Il a transféré 5 635 actions au Rodgers Massey Revocable Living Trust daté du 4/4/11, dont il est fiduciaire et conserve le pouvoir de vote et de disposition. À la même date, 5 635 actions ont été acquises (déclarées comme acquisition à 0 $). Suite à ces transactions, Rodgers détient directement 16 908 actions indiquées comme pouvant être émises lors du règlement des unités d’actions restreintes (RSU) et détient indirectement des actions supplémentaires via des comptes fiduciaires, y compris 1 120 114 actions détenues par un trust et d'autres actions détenues par des trusts, la propriété bénéficiaire indirecte totale étant indiquée comme 20 864 042 actions.
Insider-Transfer und Halte-Update: Thurman J. Rodgers, Direktor und größer-als-10%-Eigentümer der Enovix Corporation, meldete Transaktionen am 18.09.2025. Er hat 5.635 Aktien auf den Rodgers Massey Revocable Living Trust vom Datum 04/04/11 übertragen, in dem er Trustee ist und Stimm- und Verfügungsgewalt behält. Am selben Datum wurden ebenfalls 5.635 Aktien erworben (als Erwerb zu 0 $ gemeldet). Nach diesen Transaktionen hält Rodgers direkt 16.908 Aktien, die als bei der Abrechnung von Restricted Stock Units (RSUs) auszugeben gemeldet sind, und hält indirekt zusätzliche Aktien über Treuhandkonten, einschließlich 1.120.114 Aktien, die in einem Trust gehalten werden, und weitere treuhandgehaltende Aktien, wobei der insgesamt indirekte wirtschaftliche Eigentum mit 20.864.042 Aktien angegeben wird.
FAQ
What did Thurman J. Rodgers report on Form 4 for Enovix (ENVX)?
How many RSUs does the filing show for the reporting person?
Does the reporting person retain voting control after the transfer?
What indirect holdings are disclosed in the Form 4?
When were the transactions reported on the Form 4 executed?
