Navitas Semiconductor (NASDAQ: NVTS) director gets two stock grants for 2026 fees
Rhea-AI Filing Summary
Saluja Dipender reported acquisition or exercise transactions in this Form 4 filing.
Navitas Semiconductor Corp director Dipender Saluja received two stock grants as board fees taken in shares. He was awarded 864 Class A common shares on May 9, 2026 for first-quarter service at $14.47 per share, and 951 shares on July 31, 2026 for second-quarter service at $13.15 per share. Footnotes state each grant was elected in lieu of the cash portion of his Board fee and priced using the 20 day average closing price before the grant. As of May 9, 2026, indirect holdings reported include 3,237,161 shares held by Technology Impact Fund, L.P. and 4,755,536 shares held by Capricorn-Libra Investment Group, LP, where Saluja is managing director and disclaims beneficial ownership beyond his pecuniary interest.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock F2 | 951 | $13.15 | $13K |
| Grant/Award | Class A Common Stock F1 | 864 | $14.47 | $13K |
| holding | Class A Common Stock F3 | -- | -- | -- |
| holding | Class A Common Stock F4 | -- | -- | -- |
Footnotes (4)
- F1. Reflects a grant of Class A common stock of the Issuer elected in lieu of the cash portion of the Reporting Person's fee for service on the Board of Directors of the Issuer during the first quarter of 2026. The price per share is calculated based on the 20 day average closing price of the Class A common stock of the Issuer as of May 7, 2026.
- F2. Reflects a grant of Class A common stock of the Issuer elected in lieu of the cash portion of the Reporting Person's fee for service on the Board of Directors of the Issuer during the second quarter of 2026. The price per share is calculated based on the 20 day average closing price of the Class A common stock of the Issuer as of July 29, 2026.
- F3. Shares are held by Technology Impact Fund, L.P., of which the reporting person is managing director. The reporting person disclaims beneficial ownership of the reported shares except to the extent of his pecuniary interest therein.
- F4. Shares are held by Capricorn-Libra Investment Group, LP, of which the reporting person is managing director. The reporting person disclaims beneficial ownership of the reported shares except to the extent of his pecuniary interest therein.
Key Figures
Key Terms
pecuniary interest financial
disclaims beneficial ownership financial
20 day average closing price financial
elected in lieu of the cash portion financial
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