STOCK TITAN

[Form 4] Enovix Corporation Warrant Insider Trading Activity

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

Arthi Chakravarthy, the Chief Legal Officer of Enovix Corporation, reported a transaction dated 08/08/2025 reflecting the withholding of 934 shares to satisfy tax-withholding obligations upon the vesting of restricted stock units (RSUs). The shares were withheld at an effective price of $10.78. After this withholding, the reporting person beneficially owns 428,183 shares directly, which includes 337,993 shares issuable upon settlement of RSUs that remain part of her beneficial stake. The filing shows no derivative transactions reported and is signed on 08/12/2025.

Arthi Chakravarthy, Chief Legal Officer di Enovix Corporation, ha segnalato una transazione datata 08/08/2025 relativa alla ritenuta di 934 azioni per adempiere agli obblighi fiscali connessi alla maturazione di unità azionarie soggette a restrizioni (RSU). Le azioni sono state trattenute a un prezzo effettivo di $10.78. Dopo questa ritenuta, la soglia dichiarante possiede beneficiariamente direttamente 428,183 azioni, che includono 337,993 azioni che saranno emesse al regolamento delle RSU ancora parte della sua partecipazione. La comunicazione non segnala transazioni in derivati ed è datata e firmata il 08/12/2025.

Arthi Chakravarthy, directora jurídica de Enovix Corporation, informó una operación con fecha 08/08/2025 en la que se retuvieron 934 acciones para cubrir obligaciones fiscales derivadas del vencimiento de unidades restringidas de acciones (RSU). Las acciones se retuvieron a un precio efectivo de $10.78. Tras esta retención, la persona que informa posee beneficiariamente de forma directa 428,183 acciones, que incluyen 337,993 acciones que se entregarán al liquidarse las RSU que aún forman parte de su participación. La presentación no registra operaciones derivadas y está firmada el 08/12/2025.

Arthi Chakravarthy는 Enovix Corporation의 최고법률책임자로서 08/08/2025자 거래를 보고했으며, 제한주식단위(RSU)의 권리확정에 따라 세금 원천징수를 위해 934주가 원천징수되었음을 기재했습니다. 해당 주식은 유효 가격 $10.78로 원천징수되었습니다. 이 원천징수 이후 보고인은 직접적으로 실질 소유한 주식 수가 428,183주이며, 그중 337,993주는 정산 시 발행될 RSU가 여전히 그녀의 실질 보유에 포함되어 있습니다. 제출서에는 파생거래가 없으며 서명일은 08/12/2025입니다.

Arthi Chakravarthy, directrice juridique d'Enovix Corporation, a déclaré une opération datée du 08/08/2025 portant sur la retenue de 934 actions pour s'acquitter d'obligations fiscales lors du vesting d'unités d'actions restreintes (RSU). Les actions ont été retenues à un prix effectif de $10.78. Après cette retenue, la personne déclarée détient à titre bénéficiaire 428,183 actions en propriété directe, qui comprennent 337,993 actions devant être délivrées lors du règlement des RSU encore incluses dans sa participation. Le dépôt n'indique aucune opération dérivée et est signé le 08/12/2025.

Arthi Chakravarthy, Chief Legal Officer der Enovix Corporation, meldete eine Transaktion vom 08/08/2025, bei der 934 Aktien zur Erfüllung steuerlicher Abführungsverpflichtungen im Zusammenhang mit dem Vesting eingeschränkter Aktieneinheiten (RSUs) einbehalten wurden. Die Aktien wurden zu einem effektiven Preis von $10.78 einbehalten. Nach diesem Einbehalt besitzt die meldende Person wirtschaftlich unmittelbar 428,183 Aktien, die 337,993 Aktien einschließen, welche bei der Abwicklung der noch in ihrem wirtschaftlichen Besitz verbleibenden RSUs ausgegeben werden. Die Meldung weist keine derivativen Transaktionen aus und ist am 08/12/2025 unterzeichnet.

Positive
  • Insider ownership retained: Reporting person holds 428,183 shares beneficially after the transaction, indicating continued alignment with shareholders.
  • Substantial RSU component: 337,993 shares are issuable upon RSU settlement and are counted in beneficial ownership.
Negative
  • None.

Insights

Routine RSU tax-withholding; modest market impact and continued insider alignment with shareholders.

The Form 4 discloses a standard tax-withholding event (transaction code "F") tied to RSU vesting on 08/08/2025. The withholding of 934 shares at $10.78 is small relative to the reported beneficial ownership of 428,183 shares, suggesting limited market impact. The inclusion of 337,993 RSUs in beneficial ownership indicates substantial unvested/issuable equity that preserves management alignment with shareholders.

Compensation realization via RSU vesting; no governance concerns apparent from this filing.

The disclosure shows the exercising/settlement mechanics of equity-based compensation rather than sales for diversification. Withholding shares to meet tax obligations is a common practice and the filing does not show any disposals or derivative activity that would signal liquidity-driven governance issues. Beneficial ownership remains concentrated, including a large RSU component, which supports ongoing insider stake in the company.

Arthi Chakravarthy, Chief Legal Officer di Enovix Corporation, ha segnalato una transazione datata 08/08/2025 relativa alla ritenuta di 934 azioni per adempiere agli obblighi fiscali connessi alla maturazione di unità azionarie soggette a restrizioni (RSU). Le azioni sono state trattenute a un prezzo effettivo di $10.78. Dopo questa ritenuta, la soglia dichiarante possiede beneficiariamente direttamente 428,183 azioni, che includono 337,993 azioni che saranno emesse al regolamento delle RSU ancora parte della sua partecipazione. La comunicazione non segnala transazioni in derivati ed è datata e firmata il 08/12/2025.

Arthi Chakravarthy, directora jurídica de Enovix Corporation, informó una operación con fecha 08/08/2025 en la que se retuvieron 934 acciones para cubrir obligaciones fiscales derivadas del vencimiento de unidades restringidas de acciones (RSU). Las acciones se retuvieron a un precio efectivo de $10.78. Tras esta retención, la persona que informa posee beneficiariamente de forma directa 428,183 acciones, que incluyen 337,993 acciones que se entregarán al liquidarse las RSU que aún forman parte de su participación. La presentación no registra operaciones derivadas y está firmada el 08/12/2025.

Arthi Chakravarthy는 Enovix Corporation의 최고법률책임자로서 08/08/2025자 거래를 보고했으며, 제한주식단위(RSU)의 권리확정에 따라 세금 원천징수를 위해 934주가 원천징수되었음을 기재했습니다. 해당 주식은 유효 가격 $10.78로 원천징수되었습니다. 이 원천징수 이후 보고인은 직접적으로 실질 소유한 주식 수가 428,183주이며, 그중 337,993주는 정산 시 발행될 RSU가 여전히 그녀의 실질 보유에 포함되어 있습니다. 제출서에는 파생거래가 없으며 서명일은 08/12/2025입니다.

Arthi Chakravarthy, directrice juridique d'Enovix Corporation, a déclaré une opération datée du 08/08/2025 portant sur la retenue de 934 actions pour s'acquitter d'obligations fiscales lors du vesting d'unités d'actions restreintes (RSU). Les actions ont été retenues à un prix effectif de $10.78. Après cette retenue, la personne déclarée détient à titre bénéficiaire 428,183 actions en propriété directe, qui comprennent 337,993 actions devant être délivrées lors du règlement des RSU encore incluses dans sa participation. Le dépôt n'indique aucune opération dérivée et est signé le 08/12/2025.

Arthi Chakravarthy, Chief Legal Officer der Enovix Corporation, meldete eine Transaktion vom 08/08/2025, bei der 934 Aktien zur Erfüllung steuerlicher Abführungsverpflichtungen im Zusammenhang mit dem Vesting eingeschränkter Aktieneinheiten (RSUs) einbehalten wurden. Die Aktien wurden zu einem effektiven Preis von $10.78 einbehalten. Nach diesem Einbehalt besitzt die meldende Person wirtschaftlich unmittelbar 428,183 Aktien, die 337,993 Aktien einschließen, welche bei der Abwicklung der noch in ihrem wirtschaftlichen Besitz verbleibenden RSUs ausgegeben werden. Die Meldung weist keine derivativen Transaktionen aus und ist am 08/12/2025 unterzeichnet.

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)
08/08/2025
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 08/08/2025 F 934(1) D $10.78 428,183(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 8, 2025. Each RSU represents a contingent right to receive one share of the Issuer's common stock.
2. Includes 337,993 shares issuable upon the settlement of RSUs granted to the Reporting Person.
Remarks:
/s/ Arthi Chakravarthy 08/12/2025
** 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 was reported on the Form 4 for ENVXW?

The report shows withholding of 934 common shares to satisfy tax obligations on RSU vesting on 08/08/2025; the withholding price was $10.78.

Who filed the Form 4 for Enovix (ENVXW)?

The filing was submitted by Arthi Chakravarthy, the company's Chief Legal Officer, and signed on 08/12/2025.

How many shares does the reporting person beneficially own after the transaction?

After the reported withholding, the reporting person beneficially owns 428,183 shares directly, which includes 337,993 shares issuable upon RSU settlement.

Were any derivative securities reported in this Form 4 for ENVXW?

No. Table II shows no derivative securities were reported in this filing.

What does the Form say about the RSU withholding?

The explanation states the 934 shares were withheld to satisfy tax-withholding obligations in connection with the vesting of RSUs on 08/08/2025; each RSU represents a contingent right to one share.
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