Navitas (NVTS) Files Rule 144 Notice for 961,332 Shares

Rhea-AI Filing Summary

Navitas Semiconductor (NVTS) Form 144 notice: The filer reports a proposed sale of 961,332 shares of common stock through Goldman Sachs & Co. LLC, with an aggregate market value of $5,421,912.48, to be sold approximately on 09/10/2025 on NASD. The securities were acquired as gifts on 10/19/2021 from Eugene Sheridan: 500,000 shares and 461,332 shares. The filing also discloses recent sales by related trusts totaling 600,000 shares on 06/11/2025 and 06/13/2025 with gross proceeds shown for each transaction.

Positive

• None.

Negative

• Proposed sale disclosed: 961,332 shares to be sold through Goldman Sachs & Co. LLC with aggregate market value of $5,421,912.48.
• Recent sales by related trusts: Disclosed sales on 06/11/2025 and 06/13/2025 totaling 600,000 shares with specified gross proceeds.

Insights

Securities Compliance Analyst

TL;DR: A Rule 144 notice discloses a planned sale of 961,332 NVTS shares via Goldman Sachs and multiple recent trust sales.

The filing is procedural: it notifies the SEC and market of a proposed sale under Rule 144. It lists the broker, share count, aggregate market value and approximate sale date, plus the acquisition details showing the shares were received as gifts on 10/19/2021. It also documents trust sales on 06/11/2025 and 06/13/2025 with gross proceeds. The notice includes the required representation about absence of undisclosed material adverse information.

Transfer Agent / Market Microstructure Specialist

TL;DR: Operational disclosure of resale activity; provides details necessary for market transparency, not forward-looking company financial data.

The form supplies transaction-level details: broker name and address, the number of shares to be sold, aggregate market value, acquisition dates and nature (gifts), and recent sales by named trusts including dates and gross proceeds. This supports market transparency about potential share supply but does not include issuer financials or operational metrics.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Goldman Sachs & Co. LLC 200 West Street New York NY 10282	961332	5421912.48	213107277	09/10/2025	NASD

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	10/19/2021	Acquired as a gift	Eugene Sheridan		10/19/2021	500000	10/19/2021	None
Common	10/19/2021	Acquired as a gift	Eugene Sheridan		10/19/2021	461332	10/19/2021	None

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Lola's Trust 3520 Challenger Street Torrance CA 90503	Common	06/11/2025	200000	1731980
Lola's Trust 3520 Challenger Street Torrance CA 90503	Common	06/13/2025	100000	750650
GanFast Trust 3520 Challenger Street Torrance CA 90503	Common	06/11/2025	161332	1377791.41
GanFast Trust 3520 Challenger Street Torrance CA 90503	Common	06/13/2025	138668	1038969.99

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the NVTS Form 144 disclose about the proposed sale?

It discloses a proposed sale of 961,332 common shares via Goldman Sachs & Co. LLC with an aggregate market value of $5,421,912.48, approximate sale date 09/10/2025, and intended exchange NASD.

How were the securities being offered for sale acquired according to the filing?

The filing states the securities were acquired as gifts from Eugene Sheridan on 10/19/2021, listing 500,000 and 461,332 shares respectively.

Were there recent sales of NVTS shares by related parties disclosed?

Yes. The filing lists sales by Lola's Trust and GanFast Trust on 06/11/2025 and 06/13/2025 totaling 600,000 shares with reported gross proceeds for each transaction.

Which broker is handling the proposed sale in the Form 144?

The broker named is Goldman Sachs & Co. LLC, address 200 West Street, New York, NY 10282.

Does the filing include any statement about undisclosed material information?

Yes. The person for whose account the sale is to be made represents by signing the notice that they do not know any material adverse information about the issuer that has not been publicly disclosed.