[Form 4] Enovix Corporation Warrant Insider Trading Activity

Rhea-AI Filing Summary

Kristina Truong, Chief Accounting Officer of Enovix Corp (ENVX), received a fully vested award of restricted stock units (RSUs) as a quarterly bonus on 08/15/2025. The filing shows 4,138 shares of common stock issued upon vesting of those RSUs and the withholding of 2,187 shares to satisfy tax obligations at a reported share withholding price of $10.21. Following these transactions, the reporting person’s beneficial ownership is reported as 207,798 shares. The filing states that 171,225 of the reported holdings are shares issuable upon settlement of RSUs granted to the reporting person.

Insights

Financial Analyst

TL;DR: Routine insider RSU vesting and tax withholding; no debt or cash transaction disclosed.

The Form 4 documents a standard equity compensation event: a fully vested RSU award that converted into 4,138 common shares and triggered the withholding of 2,187 shares at a $10.21 withholding price. The disclosure also shows substantial remaining RSU-based holdings (171,225 issuable shares), indicating ongoing equity exposure but does not show cash purchases or sales by the officer. Impact to outstanding share count or immediate dilution is limited to the issued shares; the filing provides no additional financial performance data.

Corporate Governance Expert

TL;DR: Governance disclosure appears complete for an RSU vesting event; transaction duly reported by attorney-in-fact.

The Form 4 includes the reporting person’s title, the transaction date of 08/15/2025, and an attorney-in-fact signature dated 08/19/2025, meeting common reporting practices. The filing clarifies the nature of the issuance (quarterly bonus for period ended 06/29/2025) and tax withholding mechanics. There are no amendments or additional arrangements disclosed. From a governance perspective, this is a routine, compliant disclosure of equity compensation realization.

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

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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)
08/15/2025

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	08/15/2025		A		4,138(1)	A	$0	209,985(2)	D
Common Stock	08/15/2025		F		2,187(3)	D	$10.21	207,798(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 shares of the Issuer's common stock issued to the Reporting Person upon the receipt of a fully vested award of restricted stock units ("RSUs") on August 15, 2025. These RSUs represent the Reporting Person's award bonus earned for the quarter ended June 29, 2025. Each RSU represents a contingent right to receive one share of Issuer's common stock.

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

3. Reflects the withholding of shares of the Issuer's common stock to satisfy tax withholding obligations in connection with the vesting of RSUs on August 15, 2025.

Remarks:

	/s/ Arthi Chakravarthy, Attorney-in-Fact for Kristina Truong	08/19/2025
	** 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 on Form 4 for ENVX?

The Form 4 reports the vesting of 4,138 RSU-derived common shares on 08/15/2025, with 2,187 shares withheld for taxes at a reported price of $10.21.

How many shares does Kristina Truong beneficially own after the reported transactions?

The filing shows beneficial ownership of 207,798 shares following the transactions.

How many RSU-related shares remain issuable to the reporting person?

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

When was the RSU vesting reported to have occurred?

The transactions are reported with a transaction date (earliest) of 08/15/2025 and the form was signed by an attorney-in-fact on 08/19/2025.

Was this Form 4 filed by one reporting person or jointly?

The filing indicates it was filed by one reporting person.