[Form 4] Navitas Semiconductor Corp Insider Trading Activity
Navitas Semiconductor Corp (NVTS) reported an insider equity transaction by a senior officer who serves as Sr. V.P., CFO & Treasurer. On 11/21/2025, the reporting person acquired 663 shares of Class A common stock at $0, consistent with the vesting of a compensatory award. On the same date, the reporting person sold 345 shares of Class A common stock at a weighted average price of $7.41.
The sale was made under the company’s “sales to cover” policy to satisfy tax withholding obligations tied to the vesting of restricted stock units and is intended to meet the conditions of Rule 10b5-1(c). Following these transactions, the reporting person beneficially owned 891,586 shares of Navitas Class A common stock, held directly.
- None.
- None.
FAQ
What insider transaction did Navitas Semiconductor (NVTS) report on this Form 4?
The filing shows a senior officer of Navitas Semiconductor Corp (NVTS) acquired 663 shares of Class A common stock at $0 and sold 345 shares at a weighted average price of $7.41 on 11/21/2025.
How many Navitas (NVTS) shares does the reporting person own after the transaction?
After the reported transactions, the officer beneficially owned 891,586 shares of Navitas Class A common stock, held directly.
What was the price range for the Navitas (NVTS) shares sold in this Form 4?
The 345 shares of Navitas Class A common stock were sold in multiple trades at prices ranging from $7.41 to $7.48, with $7.41 reported as the weighted average sale price.
Why did the Navitas (NVTS) officer sell shares in this Form 4 filing?
The sale reflects the company’s policy requiring “sales to cover” the minimum number of shares needed to satisfy tax withholding obligations from the vesting of a compensatory award, including restricted stock units.
Did the Navitas (NVTS) reporting person control the timing or size of the share sale?
No. The filing states that the reporting person does not exercise control over the timing of such sales or the number of shares sold under the “sales to cover” policy.
How does Rule 10b5-1(c) relate to this Navitas (NVTS) Form 4 transaction?
The “sales to cover” transactions are described as intending to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Securities Exchange Act of 1934.