Navitas Semiconductor (NVTS) CEO trims stake with 13,323-share sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Navitas Semiconductor Corp President and CEO Chris Allexandre reported an open-market sale of Class A Common Stock. He sold 13,323 shares on 2026-05-27 at an average price of $31.81 per share. After this transaction, he directly holds 1,072,633 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 13,323 shares ($423,805)
Net Sell
1 txn
Insider
Allexandre Chris
Role
PRESIDENT AND CEO
Sold
13,323 shs ($424K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 13,323 | $31.81 | $424K |
Holdings After Transaction:
Class A Common Stock — 1,072,633 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 13,323 shares
Sale price: $31.81 per share
Shares owned after: 1,072,633 shares
+1 more
4 metrics
Shares sold
13,323 shares
Open-market sale of Class A Common Stock on May 27, 2026
Sale price
$31.81 per share
Average price for 13,323 shares sold
Shares owned after
1,072,633 shares
Direct holdings following the reported transaction
Net shares sold
13,323 shares
Net sell direction per transaction summary
Key Terms
open-market sale, Class A Common Stock, non-derivative
3 terms
open-market sale financial
"The transaction_action field describes the event as an open-market sale."
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Class A Common Stock financial
"The security_title for the transaction is listed as Class A Common Stock."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
non-derivative financial
"The transaction_type is identified as non-derivative for this Form 4 entry."