Navitas CFO tax-withholding sale: 96,313 shares at $10.56
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Navitas Semiconductor (NVTS) executive reported an insider transaction. The Sr. V.P., CFO & Treasurer sold 96,313 shares of Class A common stock on 11/05/2025 at $10.56 per share (Code S), leaving 891,268 shares beneficially owned, held directly.
The filing states these were “sales to cover” tax withholding from the vesting of a compensatory award, including RSUs, intended to satisfy Rule 10b5-1(c). The reporting person does not control the timing or number of shares sold under this policy.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 96,313 shares ($1,017,065)
Net Sell
1 txn
Insider
GLICKMAN TODD
Role
Sr. V.P., CFO & Treasurer
Sold
96,313 shs ($1.02M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 96,313 | $10.56 | $1.02M |
Holdings After Transaction:
Class A Common Stock — 891,268 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What did NVTS disclose in this Form 4?
The Sr. V.P., CFO & Treasurer reported selling 96,313 shares of Class A common stock on 11/05/2025 at $10.56 per share.
What transaction code appears for the NVTS insider sale?
The transaction is marked with code S, indicating an open market or private sale of non-derivative securities.
Who is the reporting person in the NVTS Form 4?
An officer of Navitas serving as Sr. V.P., CFO & Treasurer is the reporting person.
Was the sale under a 10b5-1 trading arrangement?
Yes. The filing indicates intent to satisfy the affirmative defense conditions of Rule 10b5-1(c) for these sales-to-cover.