[Form 4] Enovix Corporation Warrant Insider Trading Activity

Rhea-AI Filing Summary

Kristina Truong, identified as the issuer's Chief Accounting Officer, reported a transaction in Enovix Corp (ENVX) common stock on 08/13/2025. The filing shows 1,013 shares were disposed at a price of $10.98 via transaction code F, which the filer explains reflects withholding of shares to satisfy tax-withholding obligations on vested restricted stock units (RSUs). After the transaction, the reporting person beneficially owned 205,847 shares (direct), which includes 171,225 shares issuable upon settlement of outstanding RSUs. The Form 4 was signed by an attorney-in-fact on behalf of the reporting person on 08/14/2025.

Insights

Securities Analyst

TL;DR: Routine tax-withholding sale of RSU shares; reporting person retains substantial beneficial ownership.

The report documents a customary disposition under transaction code F, indicating shares were withheld to satisfy tax withholding on vested RSUs. The disposed amount, 1,013 shares at $10.98, is modest relative to the reported post-transaction beneficial ownership of 205,847 shares. This filing is procedural and does not indicate open-market trading intent or a change in control. Investors should note the large number of shares remaining issuable from RSUs (171,225) when assessing potential future dilution.

Corporate Governance Specialist

TL;DR: Administrative RSU settlement disclosure; signature by attorney-in-fact confirms authorized filing.

The Form 4 correctly discloses withholding to satisfy tax obligations on RSU vesting and lists the reporting persons role as Chief Accounting Officer. The presence of an attorney-in-fact signature dated 08/14/2025 shows the filing was executed under power of attorney. The transaction appears procedural and consistent with equity-award administration rather than an opportunistic sale by an insider.

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

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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)
08/13/2025

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	08/13/2025		F		1,013(1)	D	$10.98	205,847(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 August 13, 2025. Each RSU represents a contingent right to receive one share of the Issuer's common stock.

2. Includes 171,225 shares issuable upon the settlement of RSUs granted to the Reporting Person.

Remarks:

	/s/ Arthi Chakravarthy, Attorney-in-Fact for Kristina Truong	08/14/2025
	** 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 did Kristina Truong report in the Form 4 for Enovix (ENVX)?

The Form 4 reports a disposition of 1,013 shares at $10.98 on 08/13/2025 to satisfy tax withholding related to vested RSUs.

How many Enovix shares does Kristina Truong beneficially own after the transaction?

She beneficially owns 205,847 shares (direct) following the reported transaction.

How many RSU shares are still issuable to Kristina Truong according to the filing?

The filing states 171,225 shares are issuable upon settlement of outstanding RSUs granted to the reporting person.

Why were shares disposed in this Form 4 filing?

The filing explains the disposition reflects the withholding of shares to satisfy tax withholding obligations in connection with RSU vesting.

Who signed the Form 4 for Kristina Truong and when?

The Form 4 was signed by Arthi Chakravarthy, Attorney-in-Fact for Kristina Truong on 08/14/2025.