Navitas Semiconductor Corp (NVTS) director reports sale of 179,354 shares
Rhea-AI Filing Summary
Navitas Semiconductor Corp reported that one of its directors sold 179,354 shares of Class A common stock on 12/12/2025. The shares were sold in multiple trades at prices ranging from $8.600 to $8.800, with a weighted average sale price of $8.6802 per share.
Following this transaction, 389,096 shares of Class A common stock were reported as beneficially owned indirectly through SiCPower, LLC. The director is the sole manager of SiCPower, LLC and may be deemed to have indirect beneficial ownership of these shares but disclaims beneficial ownership for purposes of Section 16 of the Exchange Act.
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FAQ
What insider transaction did Navitas Semiconductor Corp (NVTS) disclose in this Form 4?
The filing shows that a director of Navitas Semiconductor Corp reported selling 179,354 shares of Class A common stock on 12/12/2025.
How many Navitas Semiconductor (NVTS) shares were sold and at what price?
The director sold 179,354 shares of Navitas Semiconductor Class A common stock at a weighted average price of $8.6802 per share, in multiple trades at prices ranging from $8.600 to $8.800.
How many Navitas Semiconductor (NVTS) shares does the reporting person hold after this sale?
After the reported sale, the filing states that 389,096 shares of Navitas Semiconductor Class A common stock were beneficially owned indirectly through SiCPower, LLC.
What is the reporting person’s relationship to Navitas Semiconductor Corp (NVTS)?
The reporting person is identified as a director of Navitas Semiconductor Corp in the filing.
What role does SiCPower, LLC play in the Navitas Semiconductor (NVTS) share ownership?
The filing explains that the reporting person is the sole manager of SiCPower, LLC and may be deemed to have indirect beneficial ownership of the shares held by SiCPower, LLC, while disclaiming beneficial ownership for Section 16 purposes.
On what date did the Navitas Semiconductor (NVTS) director’s share sale occur?
The director’s sale of Navitas Semiconductor Class A common stock occurred on 12/12/2025, as disclosed in the Form 4.