Navitas (NASDAQ: NVTS) revises reported insider share trade
Rhea-AI Filing Summary
Navitas Semiconductor Corp (symbol: NVTS) is the issuer of record for a Form 4/A filing submitted to the SEC.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 11,805 shares
Net Buy
5 txns
Insider
Saluja Dipender
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock F3 | 951 | $13.15 | $13K |
| Grant/Award | Class A Common Stock F2 | 9,990 | $0.00 | $0.00 |
| Grant/Award | Class A Common Stock F1 | 864 | $14.47 | $13K |
| holding | Class A Common Stock F4 | -- | -- | -- |
| holding | Class A Common Stock F5 | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 155,087 shares (Direct);
Class A Common Stock — 3,237,161 shares (Indirect, By Technology Impact Fund, LP);
Class A Common Stock — 4,755,536 shares (Indirect, By Capricorn-Libra Investment Group, LP)
Footnotes (5)
- F1. This Form 4/A is being filed solely to reflect the award of Restricted Stock Units ("RSUs") of the Issuer granted for the 2026-2027 board term, which occurred on July 22, 2026, and was inadvertently omitted from the original Form 4 filing by the reporting person. Reflects a grant of Class A common stock of the Issuer elected in lieu of the cash portion of the Reporting Person's fee for service on the Board of Directors of the Issuer during the first quarter of 2026. The price per share is calculated based on the 20 day average closing price of the Class A common stock of the Issuer as of May 7, 2026.
- F2. Reflects shares underlying an annual award of RSUs granted for the 2026-2027 board term under the issuer's non-employee director compensation program and the Navitas Semiconductor Corporation 2021 Equity Incentive Plan (the "Plan"). Each RSU represents the reporting person's right to receive one share of Class A Common Stock of the issuer following the vesting date in accordance with the Plan and subject to applicable issuer policies. The RSUs will vest in full on June 25, 2027.
- F3. Reflects a grant of Class A common stock of the Issuer elected in lieu of the cash portion of the Reporting Person's fee for service on the Board of Directors of the Issuer during the second quarter of 2026. The price per share is calculated based on the 20 day average closing price of the Class A common stock of the Issuer as of July 29, 2026.
- F4. Shares are held by Technology Impact Fund, L.P., of which the reporting person is managing director. The reporting person disclaims beneficial ownership of the reported shares except to the extent of his pecuniary interest therein.
- F5. Shares are held by Capricorn-Libra Investment Group, LP, of which the reporting person is managing director. The reporting person disclaims beneficial ownership of the reported shares except to the extent of his pecuniary interest therein.
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