Navitas Semiconductor director sells 179,354 Class A shares
Navitas Semiconductor Corp reported that one of its directors sold 179,354 shares of Class A common stock on 12/12/2025.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 179,354 | $8.6802 | $1.56M |
Footnotes (2)
- F1. The reported securities were sold in multiple trades at prices ranging from $8.600 to $8.800, inclusive. The price reported above reflects the weighted average sale price. 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.
- F2. The reporting person is the sole manager of SiCPower, LLC and may be deemed to have indirect beneficial ownership of the reported securities held by SiCPower, LLC. The reporting person disclaims beneficial ownership of the reported securities, for purposes of Section 16 of the Exchange Act or otherwise.
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