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Navitas (NVTS) CFO sells 98K shares to cover equity award taxes

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Navitas Semiconductor Corp reported that its Sr. V.P., CFO & Treasurer Todd Glickman sold 98,152 shares of Class A Common Stock at $10.78 per share. These sales were made under a company policy requiring “sales to cover” the minimum shares needed to satisfy tax withholding from the vesting of a compensatory award, including restricted stock units, and were structured to meet Rule 10b5-1(c) requirements. According to the disclosure, Glickman does not control the timing or number of shares sold under this policy. After the transaction, he directly holds 735,231 shares, indicating he retains a substantial equity stake.

Positive

  • None.

Negative

  • None.
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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
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*
GLICKMAN TODD

(Last) (First) (Middle)
C/O NAVITAS SEMICONDUCTOR CORPORATION
3520 CHALLENGER STREET

(Street)
TORRANCE CA 90503-1640

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Navitas Semiconductor Corp [ NVTS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Sr. V.P., CFO & Treasurer
3. Date of Earliest Transaction (Month/Day/Year)
03/17/2026
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
Class A Common Stock 03/17/2026 S(1) 98,152 D $10.78 735,231(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 sales made pursuant to the issuer's policy requiring "sales to cover" of the minimum number of shares as are necessary to satisfy tax withholding obligations arising exclusively from the vesting of a compensatory award, including restricted stock units, and intending to satisfy the requirements of Rule 10b5-1(c) under the Securities Exchange Act of 1934. The reporting person does not exercise control over the timing of such sales or the number of shares sold.
2. The reported securities were sold at $10.78. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares and prices at which the transaction was effected.
Remarks:
/s/ Rachel Roepke, attorney-in-fact 03/17/2026
** 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 insider transaction did Navitas (NVTS) disclose for Todd Glickman?

Navitas reported that CFO Todd Glickman sold 98,152 shares of Class A Common Stock at $10.78 per share. The sale occurred on March 17, 2026 and was executed under a company policy requiring sales to cover tax withholding from vesting equity awards.

Why did the Navitas (NVTS) CFO sell 98,152 shares in this Form 4?

The sale was made to cover tax withholding obligations from the vesting of a compensatory award, including restricted stock units. Navitas’ policy requires selling the minimum number of shares for taxes, and the filing notes Glickman does not control the timing or share amount under this policy.

How many Navitas (NVTS) shares does the CFO hold after this reported sale?

After the transaction, CFO Todd Glickman directly holds 735,231 shares of Navitas Class A Common Stock. This post-transaction balance, disclosed in the Form 4, shows he retains a substantial remaining equity position despite the tax-related sale of 98,152 shares.

Was the Navitas (NVTS) CFO sale linked to a Rule 10b5-1 trading plan?

The filing states the tax-related sales are intended to satisfy the requirements of Rule 10b5-1(c) under the Securities Exchange Act. This language indicates a structured, pre-arranged framework rather than discretionary market timing for the 98,152-share sale at $10.78.

Did Navitas (NVTS) indicate the CFO controlled the timing of this share sale?

No. The disclosure specifies that the reporting person does not exercise control over the timing of the sales or the number of shares sold. The transactions follow an issuer policy for automatic “sales to cover” tax withholding from vesting compensatory equity awards.
Navitas Semiconductor Corp

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